EARNINGS PER SHARE (Tables)

3 Months Ended

Jul. 31, 2017

EARNINGS PER SHARE

Computation of earnings per common share

	Three Months Ended
	July 31, 2017		July 31, 2016
Net earnings (loss)	$	(193,000)	$	125,000
Amounts allocated to participating securities (nonvested restricted shares)		—		(8,000)
Net income (loss) attributable to common shareholders	$	(193,000)	$	117,000
Basic weighted average common shares		5,265,750		5,265,750
Earnings per share attributable to common shareholders:
Basic earnings (loss) per share	$	(0.04)	$	0.02