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v2.4.0.8

Consolidated Condensed Statements of Income (unaudited) (USD $) In Thousands, except Share data, unless otherwise specified | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jan. 31, 2014 | Jan. 31, 2013 | Jan. 31, 2014 | Jan. 31, 2013
Revenues: |  |  |  |
Investment periodicals and related publications | $ 8,554 | $ 7,938 | $ 25,056 | $ 23,793
Copyright data fees | 720 | 1,008 | 2,183 | 2,900
Total revenues | 9,274 | 8,946 | 27,239 | 26,693
Expenses: |  |  |  |
Advertising and promotion | 1,030 | 1,017 | 3,188 | 2,916
Salaries and employee benefits | 4,155 | 3,683 | 12,020 | 11,096
Production and distribution | 1,737 | 1,422 | 4,798 | 4,236
Office and administration | 1,344 | 1,736 | 5,110 | 5,085
Total expenses | 8,266 | 7,858 | 25,116 | 23,333
Income from operations | 1,008 | 1,088 | 2,123 | 3,360
Revenues and profits interests in EAM Trust | 1,974 | 1,625 | 5,597 | 4,627
Income from securities transactions, net | 70 | 37 | 142 | 93
Income before income taxes | 3,052 | 2,750 | 7,862 | 8,080
Income tax provision | 1,026 | 1,003 | 2,775 | 2,985
Net income | $ 2,026 | $ 1,747 | $ 5,087 | $ 5,095
Earnings per share, basic & fully diluted (in dollars per share) | $ 0.21 | $ 0.18 | $ 0.52 | $ 0.52
Weighted average number of common shares (in shares) | 9,826,336 | 9,884,308 | 9,845,925 | 9,891,826

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