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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2017
Apr. 30, 2016
ASSETS    
Cash and cash equivalents $ 10,753 $ 14,562
Receivables, net 7,190 7,271
Real estate inventory 57,165 61,663
Investment assets, net 9,715 10,326
Property, plant and equipment, net 11,010 11,997
Other assets 2,813 3,478
Taxes receivable 172 48
Deferred income taxes, net 10,721 11,283
TOTAL ASSETS 109,539 120,628
LIABILITIES:    
Accounts payable and accrued expenses 6,963 8,453
Notes payable:    
Amounts due within one year 0 555
Amounts due within one year to related party 1,586 12,384
Notes payable 1,586 12,939
Other liabilities and deferred revenue 3,434 3,682
Accrued pension cost 13,654 12,710
TOTAL LIABILITIES 25,637 37,784
SHAREHOLDERS’ EQUITY:    
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,303,204 at January 31, 2017 and 8,284,704 at April 30, 2016 830 828
Capital contributed in excess of par value 50,693 50,553
Retained earnings 47,695 46,779
Accumulated other comprehensive loss, net (11,101) (11,101)
Treasury stock, at cost; 225,250 shares at January 31, 2017 and April 30, 2016 (4,215) (4,215)
TOTAL SHAREHOLDERS’ EQUITY 83,902 82,844
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 109,539 $ 120,628