Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2020	Apr. 30, 2020
ASSETS
Cash and cash equivalents	$ 15,692	$ 17,502
Real estate inventory	53,925	53,449
Investment assets, net	18,970	18,644
Other assets	1,544	934
Taxes receivable, net	57	57
Deferred income taxes, net	5,532	6,080
TOTAL ASSETS	95,720	96,666
LIABILITIES:
Accounts payable and accrued expenses	4,700	3,125
Notes payable, net	5,803	3,890
Accrued pension costs	3,195	5,014
TOTAL LIABILITIES	13,698	12,029
SHAREHOLDERS' EQUITY:
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 7,692,102 at October 31, 2020 and 8,358,154 at April 30, 2020	768	836
Capital contributed in excess of par value	47,216	51,334
Retained earnings	44,540	43,149
Accumulated other comprehensive loss, net	(6,287)	(6,467)
Treasury stock, at cost - 225,250 shares at October 31, 2020 and April 30, 2020	(4,215)	(4,215)
TOTAL SHAREHOLDERS' EQUITY	82,022	84,637
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 95,720	$ 96,666