Consolidated Statements of Income - USD ($)	12 Months Ended
Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Revenues:
Investment periodicals and related publications	$ 30,168,000	$ 31,925,000	$ 32,676,000
Copyright data fees	4,406,000	2,621,000	2,847,000
Total publishing revenues	34,574,000	34,546,000	35,523,000
Gain on sale of operating facility	8,123,000
Total revenues	42,697,000	34,546,000	35,523,000
Expenses:
Advertising and promotion	3,473,000	3,685,000	4,984,000
Salaries and employee benefits	17,477,000	15,702,000	15,935,000
Production and distribution	9,063,000	8,725,000	7,081,000
Office and administration	5,225,000	4,554,000	5,124,000
Total expenses	35,238,000	32,666,000	33,124,000
Income from operations	7,459,000	1,880,000	2,399,000
Revenues interest in EAM Trust	7,195,000	7,211,000	7,346,000
Profits interest in EAM Trust	519,000	440,000	624,000
Income from securities transactions, net	312,000	477,000	126,000
Income before income taxes	15,485,000	10,008,000	10,495,000
Income tax provision	5,118,000	2,717,000	3,203,000
Net income	$ 10,367,000	$ 7,291,000	$ 7,292,000
Earnings per share, basic & fully diluted (in dollars per share)	$ 1.07	$ 0.75	$ 0.74
Weighted average number of common shares (in shares)	9,721,958	9,781,495	9,813,623

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.