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Condensed Income Statements (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
Income Statement [Abstract]        
Net Sales $ 3,455,000 $ 3,260,000 $ 10,551,000 $ 8,597,000
Less: Cost of Goods Sold (1,772,000) (1,826,000) (5,467,000) (4,337,000)
Gross Profit 1,683,000 1,434,000 5,084,000 4,260,000
Operating Expenses        
General and Administrative 294,000 313,000 911,000 833,000
Sales 531,000 512,000 1,611,000 1,371,000
Engineering 21,000 22,000 57,000 69,000
Rent Paid to Related Parties 5,000 5,000 14,000 14,000
Total Operating Expenses 851,000 852,000 2,593,000 2,287,000
Income From Operations 832,000 582,000 2,491,000 1,973,000
Other Income        
Other 1,000 10,000 3,000
Dividend and Interest Income 471,000 376,000 816,000 811,000
Gain on Investments 169,000 123,000 74,000 94,000
Gain on Sale of Assets 4,000
Total Other Income 641,000 499,000 900,000 912,000
Income Before Provisions for Income Taxes 1,473,000 1,081,000 3,391,000 2,885,000
Provisions for Income Taxes:        
Current Expense 291,000 281,000 799,000 852,000
Deferred Tax Expense 9,000 9,000 33,000 1,000
Total Income Tax Expense 300,000 290,000 832,000 853,000
Net Income 1,173,000 791,000 2,559,000 2,032,000
Cash Dividends Common Stock $ 1,886,000 $ 1,780,000
Income Per Share of Common Stock Basic $ 0.24 $ 0.16 $ 0.52 $ 0.41
Income Per Share of Common Stock Diluted $ 0.24 $ 0.16 $ 0.51 $ 0.41
Weighted Average Number of Common Shares Outstanding Basic 4,961,018 4,969,013 4,963,592 4,955,725
Weighted Average Number of Common Shares Outstanding Diluted 4,981,518 4,989,513 4,984,092 4,976,225