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v3.6.0.2

Consolidated Condensed Statements of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jan. 31, 2017 | Jan. 31, 2016 | Jan. 31, 2017 | Jan. 31, 2016
Revenues: |  |  |  |
Investment periodicals and related publications | $ 7,468 | $ 7,977 | $ 22,747 | $ 24,200
Copyright data fees | 1,179 | 622 | 3,071 | 1,868
Total publishing revenues | 8,647 | 8,599 | 25,818 | 26,068
Gain on sale of operating facility |  |  | 8,123 |
Total revenues | 8,647 | 8,599 | 33,941 | 26,068
Expenses: |  |  |  |
Advertising and promotion | 908 | 1,036 | 2,436 | 2,768
Salaries and employee benefits | 4,621 | 3,882 | 12,830 | 11,586
Production and distribution | 2,134 | 2,003 | 6,958 | 6,033
Office and administration | 1,196 | 1,121 | 3,769 | 3,339
Total expenses | 8,859 | 8,042 | 25,993 | 23,726
Income/(loss) from operations | (212) | 557 | 7,948 | 2,342
Revenues and profits interests in EAM Trust | 1,934 | 1,919 | 5,782 | 5,901
Income from securities transactions, net | 132 | 133 | 226 | 215
Income before income taxes | 1,854 | 2,609 | 13,956 | 8,458
Income tax provision | 409 | 696 | 4,673 | 2,434
Net income | $ 1,445 | $ 1,913 | $ 9,283 | $ 6,024
Earnings per share, basic & fully diluted (in dollars per share) | $ 0.15 | $ 0.20 | $ 0.96 | $ 0.62
Weighted average number of common shares (in shares) | 9,715,128 | 9,770,280 | 9,724,377 | 9,787,208

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