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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2014
Apr. 30, 2014
ASSETS    
Cash and cash equivalents $ 9,879 $ 12,929
Receivables, net 22,431 43,497
Real estate inventory 71,563 71,289
Investment assets, net 10,234 10,234
Property, plant and equipment, net 22,789 23,819
Intangible and other assets, net 13,479 14,126
Taxes receivable 35 12
Deferred income taxes, net 5,383 9,042
TOTAL ASSETS 155,793 [1] 184,948
LIABILITIES:    
Accounts payable, net and accrued expenses 33,308 74,636
Notes payable:    
Amounts due within one year 2,850 218
Amounts due beyond one year 4,154 5,245
Amounts due to related party - due beyond one year 15,099 15,141
Notes payable 22,103 20,604
Other liabilities 3,058 3,058
Accrued pension cost 7,402 7,349
TOTAL LIABILITIES 65,871 [1] 105,647
SHAREHOLDERS’ EQUITY:    
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,281,704 at July 31, 2014 and 7,444,704 at April 30, 2014 828 744
Capital contributed in excess of par value 50,537 46,264
Retained earnings 51,947 45,683
Accumulated other comprehensive loss, net (9,175) (9,175)
Treasury stock, at cost; 225,250 shares at July 31, 2014 and April 30, 2014 (4,215) (4,215)
TOTAL SHAREHOLDERS' EQUITY 89,922 79,301
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 155,793 $ 184,948
[1] Revenue information provided for each segment includes amounts grouped as Other in the accompanying consolidated statements of operations. Corporate and Other is net of intercompany eliminations.