XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
REVENUES:        
Total revenues $ 16,236 $ 9,256 $ 26,743 $ 13,462
COSTS AND EXPENSES:        
General and administrative expenses 1,257 1,523 2,443 2,967
Total costs and expenses 11,877 8,127 20,588 12,250
Operating income 4,359 1,129 6,155 1,212
Interest income (expense), net 2 (12) 1 (6)
Other income 30 0 260 650
Income before income taxes 4,391 1,117 6,416 1,856
Provision for income taxes 1,065 319 1,453 465
Net income $ 3,326 $ 798 $ 4,963 $ 1,391
Basic earnings per share $ 0.45 $ 0.10 $ 0.67 $ 0.17
Diluted earnings per share $ 0.45 $ 0.10 $ 0.67 $ 0.17
Weighted average number of common shares outstanding - basic 7,361 8,122 7,354 8,136
Weighted average number of common shares outstanding - diluted 7,383 8,152 7,378 8,168
Land sale revenues        
REVENUES:        
Total revenues $ 8,466 $ 8,526 $ 15,656 $ 12,013
COSTS AND EXPENSES:        
Cost of revenues 6,154 6,430 11,765 9,109
Home sale revenues        
REVENUES:        
Total revenues 819 202 3,230 202
COSTS AND EXPENSES:        
Cost of revenues 629 174 2,543 174
Building sales and other revenues        
REVENUES:        
Total revenues 6,951 528 7,857 $ 1,247
COSTS AND EXPENSES:        
Cost of revenues $ 3,837 $ 0 $ 3,837