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Consolidated Condensed Statements of Income (unaudited) (USD $) In Thousands, except Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Oct. 31, 2014 | Oct. 31, 2013 | Oct. 31, 2014 | Oct. 31, 2013
Revenues: |  |  |  |
Investment periodicals and related publications | $ 8,547 | $ 8,306 | $ 16,820 | $ 16,502
Copyright data fees | 714 | 707 | 1,511 | 1,463
Total revenues | 9,261 | 9,013 | 18,331 | 17,965
Expenses: |  |  |  |
Advertising and promotion | 1,378 | 1,115 | 2,353 | 2,158
Salaries and employee benefits | 3,839 | 3,965 | 7,954 | 7,865
Production and distribution | 1,759 | 1,519 | 3,399 | 3,061
Office and administration | 1,239 | 1,768 | 2,517 | 3,766
Total expenses | 8,215 | 8,367 | 16,223 | 16,850
Income from operations | 1,046 | 646 | 2,108 | 1,115
Revenues and profits interests in EAM Trust | 1,949 | 1,854 | 3,971 | 3,623
Income from securities transactions, net | 66 | 34 | 107 | 72
Income before income taxes | 3,061 | 2,534 | 6,186 | 4,810
Income tax provision | 1,079 | 918 | 2,168 | 1,749
Net income | $ 1,982 | $ 1,616 | $ 4,018 | $ 3,061
Earnings per share, basic & fully diluted (in dollars per share) | $ 0.20 | $ 0.16 | $ 0.41 | $ 0.31
Weighted average number of common shares (in shares) | 9,813,875 | 9,847,951 | 9,814,525 | 9,855,670

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