INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS:

12 Months Ended

Apr. 30, 2015

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(20) INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS:

The Company has identified two reportable segments in which it currently has business operations: (i) Fulfillment Services and (ii) Real Estate operations. Fulfillment Services performs subscription fulfillment and related services for publishers and other customers. Real Estate operations primarily include land sales activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users and others, as well as investments in commercial and investment properties. Certain common expenses as well as identifiable assets are allocated among reportable segments based upon management’s estimate of each segment’s absorption. Other revenues and expenses not identifiable with a specific segment are shown as a separate segment in this presentation.

The accounting policies of the segments are the same as those described in Note 1. See Note 14 for disclosure regarding differences between the U.S. federal statutory income tax rate to the actual tax provision. The following tables set forth summarized data relative to the industry segments in which the Company operated (other than with respect to discontinued operations) (in thousands):

					Corporate
	Fulfillment		Real Estate		and
	Services		Operations		Other		Consolidated
Year ended April 30, 2015:
Revenues (a)	$	43,684	$	6,366	$	(260)	$	49,790
Net income (loss)	$	(1,630)	$	(3,367)	$	1,413	$	(3,584)
Provision (benefit) for income taxes		(877)		(1,977)		722		(2,132)
Interest expense (income), net		700		2,730		(1,815)		1,615
Depreciation and amortization		2,999		91		174		3,264
Impairment of assets		771		1,809		-		2,580
EBITDA (b)	$	1,963	$	(714)	$	494	$	1,743
Total assets excluding assets of discontinued operations	$	59,743	$	82,187	$	(4,890)	$	137,040
Total liabilities excluding liabilities of discontinued operations	$	36,245	$	37,744	$	(28,876)	$	45,113
Capital expenditures	$	1,127	$	-	$	-	$	1,127
Year ended April 30, 2014:
Revenues (a)	$	58,479	$	4,000	$	(282)	$	62,197
Net income (loss)	$	1,689	$	(3,838)	$	1,502	$	(647)
Provision (benefit) for income taxes		697		(2,103)		839		(567)
Interest expense (income), net		730		2,740		(1,749)		1,721
Depreciation and amortization		3,506		80		(396)		3,190
Impairment of assets		-		686		-		686
EBITDA (b)	$	6,622	$	(2,435)	$	196	$	4,383
Total assets excluding assets of discontinued operations	$	58,672	$	87,508	$	(2,412)	$	143,768
Total liabilities excluding liabilities of discontinued operations	$	35,682	$	43,521	$	(35,654)	$	43,549
Capital expenditures	$	1,217	$	42	$	-	$	1,259

(a) Revenue information provided for each segment includes amounts grouped as Other in the accompanying statements of operations. Corporate revenue is net of an intercompany revenue elimination.

(b) The Company uses EBITDA (which the Company defines as income before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net income (loss) as a key measure of profit or loss for segment performance and evaluation purposes.