Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2016	Apr. 30, 2015
Current Assets:
Cash and cash equivalents (including short term investments of $9,641 and $5,272, respectively)	$ 10,351	$ 5,874
Securities available-for-sale	4,550	9,632
Accounts receivable, net of allowance for doubtful accounts of $24 and $28, respectively	1,349	1,409
Prepaid and refundable income taxes	117	114
Prepaid expenses and other current assets	1,181	1,460
Deferred income taxes	375	356
Total current assets	17,923	18,845
Long term assets:
Investment in EAM Trust	58,079	58,048
Property and equipment, net	3,509	3,690
Capitalized software and other intangible assets, net	6,190	6,838
Total long term assets	67,778	68,576
Total assets	85,701	87,421
Current Liabilities:
Accounts payable and accrued liabilities	2,044	1,787
Accrued salaries	954	1,219
Dividends payable	1,563	1,472
Accrued taxes on income	255	226
Unearned revenue	19,390	21,510
Total current liabilities	24,206	26,214
Long term liabilities:
Unearned revenue	4,943	4,537
Deferred charges	17	167
Deferred income taxes	21,528	22,064
Total long term liabilities	26,488	26,768
Total liabilities	50,694	52,982
Shareholders' Equity:
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares	1,000	1,000
Additional paid-in capital	991	991
Retained earnings	35,917	34,587
Treasury stock, at cost (231,957 and 190,504 shares, respectively)	(2,853)	(2,244)	[1],[2]
Accumulated other comprehensive income, net of tax	(48)	105
Total shareholders' equity	35,007	34,439
Total liabilities and shareholders' equity	$ 85,701	$ 87,421

[1] Includes 85,219 shares with a total average cost of $1,036,000 that were acquired during the former repurchase program, which was authorized in January 2011 and expired in January 2012; 18,400 shares were acquired prior to the repurchase program authorized in January 2011.

[2] Were acquired during the $3 million repurchase program authorized in September 2012.