EARNINGS PER SHARE (Tables)

3 Months Ended

Jul. 31, 2015

EARNINGS PER SHARE

Computation of earnings per common share

	Three Months Ended
	July 31, 2015		July 31, 2014
Net earnings	$	61,000	$	(115,000)
Amounts allocated to participating securities (nonvested restricted shares)		(4,000)		—
Net income attributable to common shareholders	$	57,000	$	(115,000)
Basic weighted average common shares		5,265,750		5,265,750
Earnings per share attributable to common shareholders:
Basic earnings per share	$	0.01	$	(0.02)