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Consolidated Balance Sheets - USD ($)
Apr. 30, 2024
Apr. 30, 2023
Current Assets:    
Cash and cash equivalents (including short term investments of $4,136 and $7,240, respectively) $ 4,390,000 $ 7,590,000
Equity securities 16,344,000 14,546,000
Available-for-sale Fixed Income securities 47,611,000 39,928,000
Accounts receivable, net of allowance for doubtful accounts of $31 and $36, respectively 1,310,000 2,124,000
Prepaid and refundable income taxes 209,000 425,000
Prepaid expenses and other current assets 1,160,000 1,463,000
Total current assets 71,024,000 66,076,000
Long term assets:    
Investment in EAM Trust 60,134,000 58,775,000
Restricted money market investments 305,000 305,000
Property, Plant and Equipment, Net 4,440,000 5,788,000
Capitalized software and other intangible assets, net 132,000 132,000
Total long term assets 65,011,000 65,000,000
Total assets 136,035,000 131,076,000
Current Liabilities:    
Accounts payable and accrued liabilities 1,430,000 1,263,000
Accrued salaries 1,020,000 961,000
Dividends payable 2,827,000 2,642,000
Accrued taxes on income 7,000 307,000
Operating lease obligation-short term 1,206,000 1,344,000
Unearned revenue 15,764,000 16,771,000
Total current liabilities 22,254,000 23,288,000
Long term liabilities:    
Unearned revenue 6,517,000 6,202,000
Operating lease obligation-long term 3,578,000 4,784,000
Deferred income taxes 12,893,000 13,129,000
Total long term liabilities 22,988,000 24,115,000
Total liabilities 45,242,000 47,403,000
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 104,249,000 95,979,000
Treasury stock, at cost (577,517 shares and 565,460 shares, respectively) (15,194,000) (14,671,000)
Accumulated other comprehensive income, net of tax (253,000) 374,000
Total shareholders' equity 90,793,000 83,673,000
Total liabilities and shareholders' equity $ 136,035,000 $ 131,076,000