XML 42 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Condensed Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities:    
Net income $ 2,119 $ 2,036
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 710 606
Non-voting revenues interest in EAM Trust (1,902) (1,833)
Non-voting profits interest in EAM Trust (140) (189)
Deferred income taxes (163) 130
Deferred rent (50) (50)
Other, net (15)  
Changes in operating assets and liabilities:    
Unearned revenue (975) (388)
Reserve for settlement   (26)
Accounts payable & accrued expenses (98) (349)
Accrued salaries (7) 14
Accrued taxes on income 1,001 797
Prepaid and refundable income taxes 1 75
Prepaid expenses and other current assets 177 55
Accounts receivable 34 475
Total adjustments (1,427) (683)
Net cash provided by operating activities 692 1,353
Cash flows from investing activities:    
Purchases of securities classified as available-for-sale (138)  
Distributions received from EAM Trust 1,951 1,887
Acquisition of property and equipment   (74)
Expenditures for capitalized software (518) (528)
Net cash provided by investing activities 1,295 1,285
Cash flows from financing activities:    
Purchase of treasury stock at cost (166) (42)
Dividends paid (1,472) (1,472)
Net cash used in financing activities (1,638) (1,514)
Net change in cash and cash equivalents 349 1,124
Cash and cash equivalents at beginning of year 5,874 5,788
Cash and cash equivalents at end of period $ 6,223 $ 6,912