PRIOR PERIOD REVISIONS

6 Months Ended

Oct. 31, 2018

Accounting Changes and Error Corrections [Abstract]

Accounting Changes and Error Corrections [Text Block]

(10) PRIOR PERIOD REVISIONS

Deferred income taxes, net, accounts payable and accrued expenses and retained earnings of the Company at May 1, 2017 have been revised to reduce the carrying value of certain liabilities. Management has determined that the revisions as shown below are not material to the Company’s consolidated financial statements.

					Revised
	Balance		Adjustment		Balance
	April 30, 2017		Increase		May 1, 2017
Revisions to the consolidated financial statements:
Retained earnings	$	46,764	$	523	$	47,287

					Revised
	Balance		Adjustment		Balance
	July 31, 2017		Increase		August 1, 2017
Revisions to the consolidated financial statements:
Retained earnings	$	48,212	$	523	$	48,735

					Revised
	Balance		Adjustment		Balance
	October 31, 2017		Increase		November 1, 2017
Revisions to the consolidated financial statements:
Retained earnings	$	48,490	$	523	$	49,013

			Adjustment			Revised
	Balance		Increase			Balance
	April 30, 2018		(Decrease)			April 30, 2018
Revisions to the consolidated financial statements:
Deferred income taxes, net	$	5,060	$	(195	)	$	4,865
Accounts payable and accrued expenses	$	8,215	$	(718	)	$	7,497
Retained earnings	$	47,002	$	523		$	47,525

					Revised
	Balance		Adjustment		Balance
	July 31, 2018		Increase		August 1, 2018
Revisions to the consolidated financial statements:
Retained earnings	$	47,063	$	523	$	47,586