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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2013
Apr. 30, 2013
Current Assets:    
Cash and cash equivalents (including short term investments of $3,084 and $6,312, respectively) $ 3,895 $ 6,840
Securities available-for-sale 7,966 6,682
Accounts receivable, net of allowance for doubtful accounts of $28 and $17, respectively 1,487 1,278
Prepaid expenses and other current assets 1,237 1,646
Deferred income taxes 457 227
Total current assets 15,042 16,673
Long term assets:    
Investment in EAM Trust 57,761 57,511
Property and equipment, net 3,937 3,930
Capitalized software and other intangible assets, net 6,618 6,227
Total long term assets 68,316 67,668
Total assets 83,358 84,341
Current Liabilities:    
Accounts payable and accrued liabilities 1,884 2,460
Accrued salaries 1,020 1,200
Dividends payable 1,476 1,481
Accrued taxes on income 936 180
Unearned revenue 20,371 22,073
Total current liabilities 25,687 27,394
Long term liabilities:    
Unearned revenue 2,494 2,636
Deferred charges 222  
Deferred income taxes 22,172 21,326
Total long term liabilities 24,888 23,962
Total liabilities 50,575 51,356
Shareholders' Equity:    
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares 1,000 1,000
Additional paid-in capital 991 991
Retained earnings 32,422 32,315
Treasury stock, at cost (162,723 and 123,572 shares, respectively) (1,921) (1,572) [1],[2],[3]
Accumulated other comprehensive income, net of tax 291 251
Total shareholders' equity 32,783 32,985
Total liabilities and shareholders' equity $ 83,358 $ 84,341
[1] Includes 18,400 shares with a total average cost of $354,000 that were acquired prior to the repurchase program authorized in January 2011.
[2] Includes 85,219 shares with a total average cost of $1,036,000 that were acquired during the former repurchase program, which was authorized in January 2011 and expired in January 2012.
[3] Includes 19,953 shares with a total average cost of $182,000 that were acquired during the new repurchase program authorized in September 2012.