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Consolidated Balance Sheets - USD ($)
Apr. 30, 2023
Apr. 30, 2022
Current Assets:    
Cash and cash equivalents (including short term investments of $7,240 and $28,965, respectively) $ 7,590,000 $ 29,703,000
Equity securities 14,546,000 17,647,000
Available-for-sale Fixed Income securities 39,928,000 10,475,000
Accounts receivable, net of allowance for doubtful accounts of $36 and $31, respectively 2,124,000 1,677,000
Prepaid and refundable income taxes 425,000 588,000
Prepaid expenses and other current assets 1,463,000 1,248,000
Total current assets 66,076,000 61,338,000
Long term assets:    
Investment in EAM Trust 58,775,000 59,971,000
Restricted money market investments 305,000 305,000
Property and equipment, net 5,788,000 7,058,000
Capitalized software and other intangible assets, net 132,000 71,000
Total long term assets 65,000,000 67,405,000
Total assets 131,076,000 128,743,000
Current Liabilities:    
Accounts payable and accrued liabilities 1,263,000 1,314,000
Accrued salaries 961,000 1,137,000
Dividends payable 2,642,000 2,378,000
Accrued taxes on income 307,000 2,000
Operating lease obligation-short term 1,344,000 1,239,000
Unearned revenue 16,771,000 17,688,000
Total current liabilities 23,288,000 23,758,000
Long term liabilities:    
Unearned revenue 6,202,000 6,085,000
Operating lease obligation-long term 4,784,000 6,129,000
Deferred income taxes 13,129,000 13,126,000
Total long term liabilities 24,115,000 25,340,000
Total liabilities 47,403,000 49,098,000
Shareholders' Equity:    
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares 1,000,000 1,000,000
Additional paid-in capital 991,000 991,000
Retained earnings 95,979,000 87,645,000
Treasury stock, at cost (565,460 shares and 490,157 shares, respectively) (14,671,000) (9,967,000)
Accumulated other comprehensive income, net of tax 374,000 (24,000)
Total shareholders' equity 83,673,000 79,645,000
Total liabilities and shareholders' equity $ 131,076,000 $ 128,743,000