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Consolidated Statements of Changes In Stockholders' Equity (USD $)
Total
Preferred Stock
Common Stock
Capital in excess of par value
Retained earnings
Beginning balance at Apr. 30, 2010 $ 47,663,207 $ 0 $ 38,226 $ 19,647,360 $ 27,977,621
Stock-based compensation 9,657     9,657  
Exercise of stock options 92,679   417 92,262  
Net income 1,978,034       1,978,034
Ending balance at Apr. 30, 2011 49,743,577 0 38,643 19,749,279 29,955,655
Stock-based compensation 2,414     2,414  
Exercise of stock options 99,656   453 99,203  
Net income 1,134,324       1,134,324
Tax benefit from exercise of options 41,100     41,100  
Ending balance at Apr. 30, 2012 $ 51,021,071 $ 0 $ 39,096 $ 19,891,996 $ 31,089,979