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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2020
Jan. 31, 2019
Revenues:        
Revenues $ 10,803,000 $ 9,052,000 $ 30,500,000 $ 27,074,000
Expenses:        
Advertising and promotion 748,000 893,000 2,393,000 2,455,000
Salaries and employee benefits 4,523,000 4,417,000 13,299,000 13,164,000
Production and distribution 1,198,000 1,226,000 3,608,000 3,809,000
Office and administration 1,205,000 1,103,000 3,417,000 3,203,000
Total expenses 7,674,000 7,639,000 22,717,000 22,631,000
Income from operations 3,129,000 1,413,000 7,783,000 4,443,000
Revenues and profits interests in EAM Trust 3,455,000 2,210,000 9,384,000 6,865,000
Income from securities transactions, net 167,000 140,000 451,000 377,000
Income before income taxes 6,751,000 3,763,000 17,618,000 11,685,000
Income tax provision 1,799,000 1,312,000 4,765,000 2,828,000
Net income $ 4,952,000 $ 2,451,000 $ 12,853,000 $ 8,857,000
Earnings per share, basic & fully diluted (in dollars per share) $ 0.51 $ 0.25 $ 1.33 $ 0.91
Weighted average number of common shares (in shares) 9,640,949 9,687,252 9,652,805 9,688,681
Subscription and Circulation [Member]        
Revenues:        
Revenues $ 7,108,000 $ 7,201,000 $ 21,090,000 $ 21,755,000
License [Member]        
Revenues:        
Revenues $ 3,695,000 $ 1,851,000 $ 9,410,000 $ 5,319,000