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v3.19.2

Consolidated Statements of Income - USD ($) | 12 Months Ended
--- | ---
Apr. 30, 2019 | Apr. 30, 2018 | Apr. 30, 2017
Revenues: |  |  |
Revenues | $ 36,257,000 | $ 35,868,000 | $ 34,574,000
Gain on sale of operating facility |  |  | 8,123,000
Total revenues | 36,257,000 | 35,868,000 | 42,697,000
Expenses: |  |  |
Advertising and promotion | 3,406,000 | 3,780,000 | 3,473,000
Salaries and employee benefits | 17,781,000 | 18,488,000 | 17,477,000
Production and distribution | 5,222,000 | 5,857,000 | 9,063,000
Office and administration | 4,435,000 | 5,171,000 | 5,225,000
Total expenses | 30,844,000 | 33,296,000 | 35,238,000
Income from operations | 5,413,000 | 2,572,000 | 7,459,000
Revenues interest in EAM Trust | 8,260,000 | 8,040,000 | 7,195,000
Profits interest in EAM Trust | 1,049,000 | 746,000 | 519,000
Income from securities transactions, net | 504,000 | 540,000 | 312,000
Income before income taxes | 15,226,000 | 11,898,000 | 15,485,000
Income tax provision | 4,076,000 | (2,840,000) | 5,118,000
Net income | $ 11,150,000 | $ 14,738,000 | $ 10,367,000
Earnings per share, basic & fully diluted (in dollars per share) | $ 1.15 | $ 1.52 | $ 1.07
Weighted average number of common shares (in shares) | 9,683,771 | 9,703,255 | 9,721,958
Subscription and Circulation [Member] |  |  |
Revenues: |  |  |
Revenues | $ 28,820,000 | $ 29,503,000 | $ 30,168,000
License [Member] |  |  |
Revenues: |  |  |
Revenues | $ 7,437,000 | $ 6,365,000 | $ 4,406,000

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