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EARNINGS PER SHARE (Tables)
6 Months Ended
Oct. 31, 2018
EARNINGS PER SHARE  
Schedule of basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

    

October 31, 2018

    

October 31, 2017

    

October 31, 2018

    

October 31, 2017

 

Net earnings (loss)

 

$

32,000

 

$

(171,000)

 

$

(11,000)

 

$

(364,000)

 

Amounts allocated to participating securities (nonvested restricted shares)

 

 

(2,000)

 

 

 —

 

 

 —

 

 

 —

 

Net income (loss) attributable to common shareholders

 

$

30,000

 

$

(171,000)

 

$

(11,000)

 

$

(364,000)

 

Basic weighted average common shares

 

 

5,265,750

 

 

5,265,750

 

 

5,265,750

 

 

5,265,750

 

Earnings (loss) per share attributable to common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.01

 

$

(0.03)

 

$

(0.00)

 

$

(0.07)