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Consolidated Condensed Statements of Income (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Jan. 31, 2011
Revenues:        
Investment periodicals and related publications $ 8,145 $ 8,669 $ 24,870 $ 25,853
Copyright data fees 851 954 2,636 2,596
Investment management fees & services   2,412   10,693
Total revenues 8,996 12,035 27,506 39,142
Expenses:        
Advertising and promotion 622 1,366 2,731 5,443
Salaries and employee benefits 3,638 5,617 10,988 13,882
Production and distribution 1,143 1,238 3,530 3,518
Office and administration 1,770 2,283 5,278 6,970
Expenses related to restructuring   1,302   3,764
Total expenses 7,173 11,806 22,527 33,577
Income from operations 1,823 229 4,979 5,565
Gain on deconsolidation of subsidiaries   50,510   50,510
Revenues and profits interests in EAM Trust 1,456 724 4,371 724
Income from securities transactions, net 3 (40) 34 48
Income before income taxes 3,282 51,423 9,384 56,847
Income tax provision 1,438 19,986 3,549 22,006
Net income $ 1,844 $ 31,437 $ 5,835 $ 34,841
Earnings per share, basic & fully diluted (in dollars per share) $ 0.19 $ 3.15 $ 0.59 $ 3.49
Weighted average number of common shares (in shares) 9,896,381 9,981,447 9,930,225 9,981,549