CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2021	Apr. 30, 2020
ASSETS
Cash and cash equivalents	$ 24,801,000	$ 17,502,000
Real estate inventory	55,589,000	53,449,000
Investment assets, net	13,582,000	18,644,000
Other assets	645,000	934,000
Taxes receivable, net	0	57,000
Deferred income taxes, net	2,749,000	6,080,000
TOTAL ASSETS	97,366,000	96,666,000
LIABILITIES:
Accounts payable and accrued expenses	4,458,000	3,125,000
Notes payable, net	3,448,000	3,890,000
Taxes payable, net	95,000	0
Accrued pension costs	476,000	5,014,000
TOTAL LIABILITIES	8,477,000	12,029,000
Commitments and contingencies (Note 15)
SHAREHOLDERS' EQUITY:
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 7,323,370 at April 30, 2021 and 8,358,154 at April 30, 2020	730,000	836,000
Capital contributed in excess of par value	45,072,000	51,334,000
Retained earnings	47,710,000	43,149,000
Accumulated other comprehensive loss, net	(4,623,000)	(6,467,000)
Treasury stock, at cost - 225,250 shares at April 30, 2020	0	(4,215,000)
TOTAL SHAREHOLDERS' EQUITY	88,889,000	84,637,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 97,366,000	$ 96,666,000