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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Revenues:        
Revenues $ 9,973 $ 10,210 $ 20,139 $ 20,538
Expenses:        
Advertising and promotion 676 817 1,723 1,872
Salaries and employee benefits 4,303 4,554 8,960 9,062
Production and distribution 1,311 1,392 2,527 2,665
Office and administration 946 1,259 1,927 2,525
Total expenses 7,236 8,022 15,137 16,124
Income from operations 2,737 2,188 5,002 4,414
Gain on forgiveness of PPP loan (see note 16) 2,331 0 2,331 0
Revenues and profits interests in EAM Trust 4,892 4,214 9,697 7,858
Investment gains 368 138 762 1,308
Income before income taxes 10,328 6,540 17,792 13,580
Income tax provision 1,824 1,621 3,391 3,387
Net income $ 8,504 $ 4,919 $ 14,401 $ 10,193
Earnings per share, basic & fully diluted (in dollars per share) $ 0.89 $ 0.51 $ 1.51 $ 1.06
Weighted average number of common shares (in shares) 9,554,673 9,608,792 9,557,333 9,612,756
Subscription and Circulation [Member]        
Revenues:        
Revenues $ 6,635 $ 6,901 $ 13,582 $ 13,993
License [Member]        
Revenues:        
Revenues $ 3,338 $ 3,309 $ 6,557 $ 6,545