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

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

No definition available.