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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2019
Oct. 31, 2018
Revenues:        
Revenues $ 10,080,000 $ 9,051,000 $ 19,697,000 $ 18,022,000
Expenses:        
Advertising and promotion 702,000 642,000 1,645,000 1,562,000
Salaries and employee benefits 4,391,000 4,268,000 8,776,000 8,747,000
Production and distribution 1,245,000 1,268,000 2,410,000 2,583,000
Office and administration 1,113,000 1,113,000 2,212,000 2,100,000
Total expenses 7,451,000 7,291,000 15,043,000 14,992,000
Income from operations 2,629,000 1,760,000 4,654,000 3,030,000
Revenues and profits interests in EAM Trust 3,058,000 2,384,000 5,929,000 4,655,000
Income from securities transactions, net 143,000 123,000 284,000 237,000
Income before income taxes 5,830,000 4,267,000 10,867,000 7,922,000
Income tax provision 1,619,000 965,000 2,966,000 1,516,000
Net income $ 4,211,000 $ 3,302,000 $ 7,901,000 $ 6,406,000
Earnings per share, basic & fully diluted (in dollars per share) $ 0.44 $ 0.34 $ 0.82 $ 0.66
Weighted average number of common shares (in shares) 9,656,836 9,689,334 9,658,734 9,689,388
Subscription and Circulation [Member]        
Revenues:        
Revenues $ 6,949,000 $ 7,262,000 $ 13,982,000 $ 14,554,000
License [Member]        
Revenues:        
Revenues $ 3,131,000 $ 1,789,000 $ 5,715,000 $ 3,468,000