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Treasury Stock and Repurchase Program | 12 Months Ended
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Apr. 30, 2014
Treasury Stock [Abstract] |
Treasury Stock and Repurchase Program | Note 14 - Treasury Stock and Repurchase Program: On September 19, 2012, the Company’s Board of Directors approved a share repurchase program authorizing the repurchase of shares of the Company’s common stock up to an aggregate purchase price of $3,000,000. The repurchases may be made from time to time on the open market at prevailing market prices, in negotiated transactions off the market, in block purchases or otherwise. The repurchase program may be suspended or discontinued at any time at the Company’s discretion and has no set expiration date. On January 20, 2011, the Company’s Board of Directors approved the repurchase of shares of the Company’s common stock, at such times and prices as management determined to be advisable up to an aggregate purchase amount of $3,200,000. The repurchase program expired on January 15, 2012 and was not renewed by the Company’s Board of Directors. Treasury stock, at cost, consists of the following:
|  |  |  |  | Total Average |  |  | Average Cost |  |  | Aggregate Purchase Price |
($ in thousands except for cost per share) |  | Shares |  |  | Cost Assigned |  |  | per Share |  |  | Remaining Under the Program |
Balance as of April 30, 2011 (1) |  | 25,119 |  |  | $ | 444 |  |  | $ | 17.67 |  |  | $ | 3,110 |
Purchases effected in open market |  | 78,500 |  |  |  | 946 |  |  | $ | 12.05 |  |  | $ | 2,165 |
Balance as of April 30, 2012 (2) |  | 103,619 |  |  | $ | 1,390 |  |  | $ | 13.41 |  |  | $ | - |
Purchases effected in open market (3) |  | 19,953 |  |  |  | 182 |  |  | $ | 9.13 |  |  | $ | 2,818 |
Balance as of April 30, 2013 |  | 123,572 |  |  | $ | 1,572 |  |  | $ | 12.72 |  |  | $ | 2,818 |
Purchases effected in open market (3) |  | 58,499 |  |  |  | 550 |  |  | $ | 9.41 |  |  | $ | 2,268 |
Balance as of April 30, 2014 |  | 182,071 |  |  | $ | 2,122 |  |  | $ | 11.65 |  |  | $ | 2,268 |
(1) 18,400 shares were acquired prior to the repurchase program authorized in January 2011. (2) Includes 85,219 shares with a total average cost of $1,036,000 that were acquired during the former repurchase program, which was authorized in January 2011 and expired in January 2012. (3) Were acquired during the new repurchase program authorized in September 2012.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References No definition available. + Details
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- Details
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