Consolidated Condensed Statements of Income - USD ($) $ in Thousands	3 Months Ended
Jul. 31, 2020	Jul. 31, 2019
Revenues:
Revenues	$ 10,328	$ 9,617
Expenses:
Advertising and promotion	1,055	943
Salaries and employee benefits	4,508	4,385
Production and distribution	1,273	1,165
Office and administration	1,266	1,099
Total expenses	8,102	7,592
Income from operations	2,226	2,025
Revenues and profits interests in EAM Trust	3,644	2,871
Income from securities transactions, net	958	141
Income before income taxes	6,828	5,037
Income tax provision	1,711	1,347
Net income	$ 5,117	$ 3,690
Earnings per share, basic & fully diluted (in dollars per share)	$ 0.53	$ 0.38
Weighted average number of common shares (in shares)	9,616,721	9,660,631
Subscription and Circulation [Member]
Revenues:
Revenues	$ 7,092	$ 7,033
License [Member]
Revenues:
Revenues	$ 3,236	$ 2,584

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256