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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Cash flows from operating activities:    
Net income $ 11,572,000 $ 8,347,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 594,000 691,000
Investment (gains)/losses (1,524,000) 1,478,000
Non-voting revenues interest in EAM Trust (7,726,000) (5,337,000)
Non-voting profits interest in EAM Trust (1,145,000) (515,000)
Distributions received from EAM Trust 8,219,000 5,508,000
Deferred income taxes 497,000 (370,000)
Deferred rent (588,000) (656,000)
Changes in operating assets and liabilities:    
Unearned revenue (1,415,000) (1,016,000)
Accounts payable & accrued expenses (478,000) (234,000)
Accrued salaries (31,000) 1,000
Accrued taxes on income 3,000 (352,000)
Prepaid and refundable income taxes (390,000) 240,000
Prepaid expenses and other current assets 205,000 318,000
Accounts receivable 51,000 (2,340,000)
Total adjustments (3,728,000) (2,584,000)
Net cash provided by operating activities 7,844,000 5,763,000
Cash flows from investing activities:    
Purchases of equity securities (7,045,000) (993,000)
Purchases of fixed income securities classified as available for sale (13,441,000) (23,079,000)
Proceeds from sales of equity securities 3,075,000 999,000
Proceeds from sales of fixed income securities classified as available for sale 22,365,000 19,265,000
Acquisition of property and equipment (65,000) 0
Net cash used in investing activities 4,889,000 (3,808,000)
Cash flows from financing activities:    
Purchase of treasury stock at cost (178,000) (338,000)
Dividends paid (5,652,000) (5,283,000)
Net cash used in financing activities (5,830,000) (5,621,000)
Net change in cash and cash equivalents 6,903,000 (3,666,000)
Cash, cash equivalents and restricted cash at beginning of period 4,695,000 7,895,000
Cash, cash equivalents and restricted cash at end of period $ 11,598,000 $ 4,229,000