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STOCKHOLDERS' EQUITY
 9 Months Ended
Jan. 31, 2017
STOCKHOLDERS' EQUITY  
STOCKHOLDERS' EQUITY

NOTE 7—STOCKHOLDERS' EQUITY

 

The shares of common stock outstanding as of January 31 of each year are summarized as follows:

 

 

 

 

 

 

 

 

 

    

2017

 

2016

 

Balance, May 1

 
5,615,750

 
5,615,750

 

Restricted stock activity

 
730,000

 

 —

 

Treasury stock activity

 
(350,000)

 

 —

 

Balance, January 31

 
5,995,750

 
5,615,750