Comprehensive Income:

3 Months Ended

Jul. 31, 2011

Comprehensive Income (Loss) Note [Abstract]

Comprehensive Income:

Note 6-Comprehensive Income:

The FASB’s ASC Comprehensive Income topic requires the reporting of comprehensive income in addition to net income from operations. Comprehensive income is a more inclusive financial reporting methodology that includes disclosure of certain financial information that otherwise would not be recognized in the calculation of net income.

As of July 31, 2011, the Company held both equity and U.S. Government debt securities that are classified as available-for-sale on the Consolidated Condensed Balance Sheets. At July 31, 2010, the Company held U.S. Government debt securities that are classified as available-for-sale on the Consolidated Condensed Balance Sheets. The change in valuation of these securities, net of deferred income taxes, has been recorded in Accumulated Other Comprehensive Income in the Company’s Consolidated Condensed Balance Sheets.

The components of comprehensive income that are included in the Statement of Changes in Shareholders’ Equity are as follows:

				(in thousands)
	Before			Tax			Net of
	Tax			(Expense)			Tax
	Amount			or Benefit			Amount
Three months ended July 31, 2011
Unrealized losses on securities:
Unrealized holding losses arising during the
period	$	(80	)	$	28		$	(52	)
Add: Reclassification adjustments
for losses realized in net income		5			(2	)		3
Other comprehensive loss	$	(75	)	$	26		$	(49	)
Three months ended July 31, 2010
Unrealized losses on securities:
Unrealized holding losses arising during the
period	$	(15	)	$	5		$	(10	)
Other comprehensive loss	$	(15	)	$	5		$	(10	)