Out of Period Adjustment (Tables)

12 Months Ended

Apr. 30, 2012

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]



Fiscal Year Ended April 30,	2011		2010			2009		2008

Net earnings (loss)
As reported	$	1,233,000	$	(27,000	)	$	303,000	$	165,000
Adjustments	23,000		23,000			14,000		39,000
Restated	$	1,256,000	$	(4,000	)	$	317,000	$	204,000


Basic earnings (loss) per share
As reported	$	0.21	$	(0.01	)	$	0.06	$	0.03
Adjustments	—		0.01			—		0.01
Restated	$	0.21	$	—		$	0.06	$	0.04

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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