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Note 8 - Federal, State and Local Income Taxes - Effective Income Tax Rate Reconciliation (Details)
6 Months Ended
Oct. 31, 2019
Oct. 31, 2018
U.S. statutory federal tax rate 21.00% 21.00%
State and local income taxes, net of federal income tax benefit 6.45% (1.62%)
Effect of dividends received deductions (0.20%) (0.24%)
Other, net 0.04% 0.00%
Effective income tax rate 27.29% 19.14%