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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Jan. 31, 2022
Apr. 30, 2021
Current Assets:    
Cash and cash equivalents (including short term investments of $29,081 and $18,209, respectively) $ 29,909,000 $ 19,171,000
Equity securities 27,316,000 23,582,000
Available-for-sale Fixed Income securities 597,000 2,600,000
Accounts receivable, net of allowance for doubtful accounts of $39 and $36, respectively 1,802,000 3,985,000
Prepaid and refundable income taxes 463,000 616,000
Prepaid expenses and other current assets 1,027,000 1,282,000
Total current assets 61,114,000 51,236,000
Long term assets:    
Investment in EAM Trust 60,882,000 60,977,000
Restricted money market investments 305,000 469,000
Property and equipment, net 7,367,000 8,311,000
Capitalized software and other intangible assets, net 84,000 143,000
Total long term assets 68,638,000 69,900,000
Total assets 129,752,000 121,136,000
Current Liabilities:    
Accounts payable and accrued liabilities 1,299,000 2,077,000
Accrued salaries 1,108,000 1,163,000
Dividends payable 2,098,000 2,104,000
Accrued taxes on income 1,798,000 0
Payable to clearing broker 190,000 0
Loan obligation-short term 0 2,331,000
Operating lease obligation-short term 1,214,000 1,087,000
Unearned revenue 17,392,000 19,162,000
Total current liabilities 25,099,000 27,924,000
Long term liabilities:    
Unearned revenue 5,756,000 5,926,000
Operating lease obligation-long term 6,449,000 7,368,000
Deferred income taxes 13,047,000 12,905,000
Total long term liabilities 25,252,000 26,199,000
Total liabilities 50,351,000 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 86,216,000 72,502,000
Treasury stock, at cost (470,837 shares and 436,830 shares, respectively) (8,805,000) (7,483,000)
Accumulated other comprehensive income, net of tax (1,000) 3,000
Total shareholders' equity 79,401,000 67,013,000
Total liabilities and shareholders' equity $ 129,752,000 $ 121,136,000