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Note 8 - Federal, State and Local Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)
9 Months Ended
Jan. 31, 2017
Jan. 31, 2016
U.S. statutory federal tax rate 35.00% 35.00%
State and local income taxes, net of federal income tax benefit 0.39% 1.38%
Effect of dividends received deductions 0.29% 0.70%
Domestic production tax credit 0.19% 0.54%
Settlement of tax audits 3.60%
Other, net 0.65%
Effective income tax rate 33.48% 28.78%