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Consolidated Condensed Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Oct. 31, 2010
Revenues:        
Investment periodicals and related publications $ 8,327 $ 8,567 $ 16,725 $ 17,184
Copyright data fees 813 865 1,785 1,642
Investment management fees & services   4,066   8,281
Total revenues 9,140 13,498 18,510 27,107
Expenses:        
Advertising and promotion 988 2,359 2,109 4,077
Salaries and employee benefits 3,710 4,388 7,350 8,265
Production and distribution 1,158 1,142 2,387 2,280
Office and administration 1,766 2,699 3,508 4,687
Expenses related to restructuring   1,120   2,462
Total expenses 7,622 11,708 15,354 21,771
Income from operations 1,518 1,790 3,156 5,336
Revenues and profits interests in EAM Trust 1,343   2,915  
Income from securities transactions, net 20 51 31 88
Income before income taxes 2,881 1,841 6,102 5,424
Income tax provision 966 754 2,111 2,020
Net income $ 1,915 $ 1,087 $ 3,991 $ 3,404
Earnings per share, basic & fully diluted (in dollars per share) $ 0.19 $ 0.11 $ 0.40 $ 0.34
Weighted average number of common shares (in shares) 9,929,264 9,981,600 9,947,056 9,981,600