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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Jan. 31, 2017
Jan. 31, 2016
Revenues:        
Investment periodicals and related publications $ 7,468 $ 7,977 $ 22,747 $ 24,200
Copyright data fees 1,179 622 3,071 1,868
Total publishing revenues 8,647 8,599 25,818 26,068
Gain on sale of operating facility 8,123
Total revenues 8,647 8,599 33,941 26,068
Expenses:        
Advertising and promotion 908 1,036 2,436 2,768
Salaries and employee benefits 4,621 3,882 12,830 11,586
Production and distribution 2,134 2,003 6,958 6,033
Office and administration 1,196 1,121 3,769 3,339
Total expenses 8,859 8,042 25,993 23,726
Income/(loss) from operations (212) 557 7,948 2,342
Revenues and profits interests in EAM Trust 1,934 1,919 5,782 5,901
Income from securities transactions, net 132 133 226 215
Income before income taxes 1,854 2,609 13,956 8,458
Income tax provision 409 696 4,673 2,434
Net income $ 1,445 $ 1,913 $ 9,283 $ 6,024
Earnings per share, basic & fully diluted (in dollars per share) $ 0.15 $ 0.20 $ 0.96 $ 0.62
Weighted average number of common shares (in shares) 9,715,128 9,770,280 9,724,377 9,787,208