XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Oct. 31, 2021
Apr. 30, 2021
Current Assets:    
Cash and cash equivalents (including short term investments of $24,459 and $18,209, respectively) $ 24,958,000 $ 19,171,000
Equity securities 26,685,000 23,582,000
Available-for-sale Fixed Income securities 597,000 2,600,000
Accounts receivable, net of allowance for doubtful accounts of $38 and $36, respectively 1,595,000 3,985,000
Prepaid and refundable income taxes 365,000 616,000
Prepaid expenses and other current assets 1,178,000 1,282,000
Total current assets 55,378,000 51,236,000
Long term assets:    
Investment in EAM Trust 61,058,000 60,977,000
Restricted money market investments 469,000 469,000
Property and equipment, net 7,684,000 8,311,000
Capitalized software and other intangible assets, net 101,000 143,000
Total long term assets 69,312,000 69,900,000
Total assets 124,690,000 121,136,000
Current Liabilities:    
Accounts payable and accrued liabilities 997,000 2,077,000
Accrued salaries 1,146,000 1,163,000
Dividends payable 2,100,000 2,104,000
Accrued taxes on income 103,000 0
Loan obligation-short term 0 2,331,000
Operating lease obligation-short term 1,181,000 1,087,000
Unearned revenue 17,453,000 19,162,000
Total current liabilities 22,980,000 27,924,000
Long term liabilities:    
Unearned revenue 5,147,000 5,926,000
Operating lease obligation-long term 6,763,000 7,368,000
Deferred income taxes 13,110,000 12,905,000
Total long term liabilities 25,020,000 26,199,000
Total liabilities 48,000,000 54,123,000
Shareholders' Equity:    
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares 1,000,000 1,000,000
Additional paid-in capital 991,000 991,000
Retained earnings 82,700,000 72,502,000
Treasury stock, at cost (453,419 shares and 436,830 shares, respectively) (8,000,000) (7,483,000)
Accumulated other comprehensive income, net of tax (1,000) 3,000
Total shareholders' equity 76,690,000 67,013,000
Total liabilities and shareholders' equity $ 124,690,000 $ 121,136,000