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v3.10.0.1

Consolidated Condensed Statements of Income (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Oct. 31, 2018 | Oct. 31, 2017 | Oct. 31, 2018 | Oct. 31, 2017
Revenues: |  |  |  |
Revenues | $ 9,051,000 | $ 8,989,000 | $ 18,022,000 | $ 17,903,000
Expenses: |  |  |  |
Advertising and promotion | 642,000 | 827,000 | 1,562,000 | 1,622,000
Salaries and employee benefits | 4,268,000 | 4,574,000 | 8,747,000 | 9,074,000
Production and distribution | 1,268,000 | 1,403,000 | 2,583,000 | 2,798,000
Office and administration | 1,113,000 | 1,377,000 | 2,100,000 | 2,436,000
Total expenses | 7,291,000 | 8,181,000 | 14,992,000 | 15,930,000
Income from operations | 1,760,000 | 808,000 | 3,030,000 | 1,973,000
Revenues and profits interests in EAM Trust | 2,384,000 | 2,237,000 | 4,655,000 | 4,373,000
Income from securities transactions, net | 123,000 | 91,000 | 237,000 | 187,000
Income before income taxes | 4,267,000 | 3,136,000 | 7,922,000 | 6,533,000
Income tax provision | 965,000 | 1,064,000 | 1,516,000 | 2,246,000
Net income | $ 3,302,000 | $ 2,072,000 | $ 6,406,000 | $ 4,287,000
Earnings per share, basic & fully diluted (in dollars per share) | $ 0.34 | $ 0.21 | $ 0.66 | $ 0.44
Weighted average number of common shares (in shares) | 9,689,334 | 9,705,585 | 9,689,388 | 9,707,583
Subscription and Circulation [Member] |  |  |  |
Revenues: |  |  |  |
Revenues | $ 7,262,000 | $ 7,426,000 | $ 14,554,000 | $ 14,866,000
License [Member] |  |  |  |
Revenues: |  |  |  |
Revenues | $ 1,789,000 | $ 1,563,000 | $ 3,468,000 | $ 3,037,000

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