Consolidated Condensed Statements of Income (USD $) In Thousands, except Share data	3 Months Ended
	Jul. 31, 2011	Jul. 31, 2010
Revenues:
Investment periodicals and related publications	$ 8,398	$ 8,617
Copyright data fees	972	777
Investment management fees & services		4,215
Total revenues	9,370	13,609
Expenses:
Advertising and promotion	1,121	1,718
Salaries and employee benefits	3,640	3,877
Production and distribution	1,229	1,138
Office and administration	1,742	3,330
Total expenses	7,732	10,063
Income from operations	1,638	3,546
Revenues and profits interests in EAM Trust	1,572
Income from securities transactions, net	11	37
Income before income taxes	3,221	3,583
Income tax provision	1,145	1,266
Net income	$ 2,076	$ 2,317
Earnings per share, basic & fully diluted (in dollars per share)	$ 0.21	$ 0.23
Weighted average number of common shares (in shares)	9,965,021	9,981,600