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Fair Value Disclosure
9 Months Ended
Jan. 31, 2012
Fair Value Disclosure [Abstract]  
Fair Value Disclosure
  1. Fair Value Disclosure

The fair value of the Company's long-term debt excluding capital lease obligations is estimated based on the current rates offered to the Company for debt of the same or similar issues. The fair value of the Company's long-term debt excluding capital lease obligations was approximately $681,000 and $636,000, respectively, at January 31, 2012 and April 30, 2011. The Company has an aggregate $100,000 line of credit with no balance owed at January 31, 2012 and $600 owed at April 30, 2011.