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Consolidated Condensed Statements of Cash Flows (Unadited) - USD ($)
 9 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Cash flows from operating activities:    
Net income $ 9,283,000 $ 6,024,000
Purchases of equity securities classified as available-for-sale (4,954,000) (3,959,000)
Purchases of fixed income securities classified as available-for-sale (6,135,000)
Proceeds from sales of securities available for sale 14,000 8,789,000
Distributions received from EAM Trust 5,572,000 5,915,000
Proceeds from sale of operating facility 11,555,000
Restricted money market investment (469,000)
Acquisition of property and equipment (879,000) (36,000)
Expenditures for capitalized software (411,000) (1,337,000)
Net cash provided by investing activities 4,293,000 9,372,000
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:    
Depreciation and amortization 3,728,000 2,202,000
Non-voting revenues interest in EAM Trust (5,389,000) (5,546,000)
Non-voting profits interest in EAM Trust (393,000) (355,000)
Realized gain on sale of operating facility (8,123,000)
Realized losses on securities 15,000
Deferred rent (167,000) (150,000)
Deferred income taxes (1,257,000) (671,000)
Other, net (45,000) (45,000)
Changes in operating assets and liabilities:    
Unearned revenue (1,203,000) (1,714,000)
Accounts payable & accrued expenses (748,000) 257,000
Accrued salaries (13,000) (265,000)
Accrued taxes on income 65,000 229,000
Prepaid and refundable income taxes 61,000 (3,000)
Prepaid expenses and other current assets (272,000) 279,000
Accounts receivable (768,000) 60,000
Total adjustments (14,524,000) (5,707,000)
Net cash used in/provided by operating activities (5,241,000) 317,000
Cash flows from financing activities:    
Purchase of treasury stock at cost (681,000) (609,000)
Dividends paid (4,965,000) (4,603,000)
Net cash used in financing activities (5,646,000) (5,212,000)
Net change in cash and cash equivalents (6,594,000) 4,477,000
Cash and cash equivalents at beginning of year 13,122,000 5,874,000
Cash and cash equivalents at end of period $ 6,528,000 $ 10,351,000