Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2022
Cash flows from operating activities:
Net income	$ 19,016,000	$ 18,069,000	$ 23,822,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,409,000	1,349,000	1,336,000
Investment (gains)/losses	(287,000)	125,000	1,402,000
Non-voting profits interest in EAM Trust	(1,382,000)	(734,000)	(2,142,000)
Non-voting revenues interest in EAM Trust	(11,900,000)	(10,397,000)	(15,899,000)
Revenues distribution received from EAM Trust	10,900,000	11,284,000	16,608,000
Profits distributions received from EAM Trust	1,023,000	1,043,000	2,439,000
Full forgiveness of SBA, PPP loan	0	0	(2,331,000)
Deferred rent	(1,344,000)	(1,240,000)	(1,087,000)
Deferred income taxes	92,000	20,000	(89,000)
Changes in operating assets and liabilities:
Unearned revenue	(692,000)	(800,000)	(1,315,000)
Accounts payable & accrued expenses	167,000	(51,000)	(763,000)
Accrued salaries	59,000	(176,000)	(26,000)
Accrued taxes on income	(462,000)	185,000	321,000
Prepaid and refundable income taxes	216,000	163,000	28,000
Prepaid expenses and other current assets	303,000	(215,000)	34,000
Accounts receivable	814,000	(447,000)	2,308,000
Total adjustments	(1,084,000)	109,000	824,000
Net cash provided by operating activities	17,932,000	18,178,000	24,646,000
Cash flows from investing activities:
Proceeds from sales of equity securities	1,129,000	4,706,000	12,039,000
Purchases of equity securities	(2,639,000)	(1,732,000)	(7,508,000)
Proceeds from sales of Fixed Income securities	37,114,000	9,907,000	2,496,000
Purchases of Fixed Income securities	(45,575,000)	(38,857,000)	(10,405,000)
Acquisition of property and equipment	(15,000)	(30,000)	(11,000)
Expenditures for capitalized software	(62,000)	(110,000)	0
Net cash used in investing activities	(10,048,000)	(26,116,000)	(3,389,000)
Cash flows from financing activities:
Purchase of treasury stock at cost	(523,000)	(4,704,000)	(2,484,000)
Dividends paid	(10,561,000)	(9,471,000)	(8,405,000)
Net cash used in financing activities	(11,084,000)	(14,175,000)	(10,889,000)
Net change in cash and cash equivalents	(3,200,000)	(22,113,000)	10,368,000
Cash, cash equivalents and restricted cash at beginning of year	7,895,000	30,008,000	19,640,000
Cash, cash equivalents and restricted cash at end of year	$ 4,695,000	$ 7,895,000	$ 30,008,000