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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2015
Apr. 30, 2015
Current Assets:    
Cash and cash equivalents (including short term investments of $5,605 and $5,272, respectively) $ 6,223 $ 5,874
Securities available-for-sale 9,627 9,632
Accounts receivable, net of allowance for doubtful accounts of $28 and $28, respectively 1,375 1,409
Prepaid and refundable income taxes 113 114
Prepaid expenses and other current assets 1,283 1,460
Deferred income taxes 404 356
Total current assets 19,025 18,845
Long term assets:    
Investment in EAM Trust 58,154 58,048
Property and equipment, net 3,615 3,690
Capitalized software and other intangible assets, net 6,721 6,838
Total long term assets 68,490 68,576
Total assets 87,515 87,421
Current Liabilities:    
Accounts payable and accrued liabilities 1,689 1,787
Accrued salaries 1,212 1,219
Dividends payable 1,568 1,472
Accrued taxes on income 1,269 226
Unearned revenue 20,340 21,510
Total current liabilities 26,078 26,214
Long term liabilities:    
Unearned revenue 4,732 4,537
Deferred charges 117 167
Deferred income taxes 21,856 22,064
Total long term liabilities 26,705 26,768
Total liabilities 52,783 52,982
Shareholders' Equity:    
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares 1,000 1,000
Additional paid-in capital 991 991
Retained earnings 35,138 34,587
Treasury stock, at cost (202,741 and 190,504 shares, respectively) (2,410) (2,244) [1],[2]
Accumulated other comprehensive income, net of tax 13 105
Total shareholders' equity 34,732 34,439
Total liabilities and shareholders' equity $ 87,515 $ 87,421
[1] 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; 18,400 shares were acquired prior to the repurchase program authorized in January 2011.
[2] Were acquired during the $3 million repurchase program authorized in September 2012.