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v3.20.2

Consolidated Condensed Statements of Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Oct. 31, 2020 | Oct. 31, 2019 | Oct. 31, 2020 | Oct. 31, 2019
Revenues: |  |  |  |
Revenues | $ 10,210 | $ 10,080 | $ 20,538 | $ 19,697
Expenses: |  |  |  |
Advertising and promotion | 817 | 702 | 1,872 | 1,645
Salaries and employee benefits | 4,554 | 4,391 | 9,062 | 8,776
Production and distribution | 1,392 | 1,245 | 2,665 | 2,410
Office and administration | 1,259 | 1,113 | 2,525 | 2,212
Total expenses | 8,022 | 7,451 | 16,124 | 15,043
Income from operations | 2,188 | 2,629 | 4,414 | 4,654
Revenues and profits interests in EAM Trust | 4,214 | 3,058 | 7,858 | 5,929
Income from securities transactions, net | 323 | 143 | 1,281 | 284
Income before income taxes | 6,725 | 5,830 | 13,553 | 10,867
Income tax provision | 1,669 | 1,619 | 3,380 | 2,966
Net income | $ 5,056 | $ 4,211 | $ 10,173 | $ 7,901
Earnings per share, basic & fully diluted (in dollars per share) | $ 0.53 | $ 0.44 | $ 1.06 | $ 0.82
Weighted average number of common shares (in shares) | 9,608,792 | 9,656,836 | 9,612,756 | 9,658,734
Subscription and Circulation [Member] |  |  |  |
Revenues: |  |  |  |
Revenues | $ 6,901 | $ 6,949 | $ 13,993 | $ 13,982
License [Member] |  |  |  |
Revenues: |  |  |  |
Revenues | $ 3,309 | $ 3,131 | $ 6,545 | $ 5,715

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