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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities:    
Net income $ 3,991 $ 3,404
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Depreciation and amortization 266 289
Amortization of bond premium   13
Non-voting profits interest in EAM Trust (94)  
Non-voting revenues interest in EAM Trust (2,821)  
Realized losses on sales of securities available for sale 5  
Deferred income taxes 2,369 2,020
Changes in assets and liabilities:    
(Decrease) in unearned revenue (2,806) (2,295)
(Decrease) in reserve for settlement (984) (764)
(Decrease) in operating lease exit obligation (243)  
(Decrease) in accounts payable & accrued expenses (1,366) (397)
Increase/(decrease) in accrued salaries 17 (101)
(Decrease) in accrued taxes payable   (135)
(Increase)/decrease in prepaid and refundable income taxes (367) 1,598
Decrease in prepaid exp. & other current assets 132 146
Decrease in accounts receivable 550 541
Decrease in receivable from affiliates 37 139
Total adjustments (5,305) 1,054
Net cash (used in)/provided by operating activities (1,314) 4,458
Purchases/sales of securities classified as available for sale:    
Proceeds from sales of fixed income securities 8,995 9,705
Purchase of fixed income securities   (19,212)
Purchase of equity securities (404) (502)
Revenues distributions received from EAM Trust 2,801  
Profits distributions received from EAM Trust 112  
Acquisition of property and equipment (31) (74)
Expenditures for capitalized software (2,165) (102)
Net cash provided by/(used in) investing activities 9,308 (10,185)
Cash flows from financing activities:    
Purchase of treasury stock at cost (946)  
Dividends paid (3,988) (1,996)
Net cash used in financing activities (4,934) (1,996)
Net increase/(decrease) in cash and cash equivalents 3,060 (7,723)
Cash and cash equivalents at beginning of year 6,802 16,435
Cash and cash equivalents at end of period $ 9,862 $ 8,712