XML 55 R21.htm IDEA: XBRL DOCUMENT

NOTE H - FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Oct. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Available-for-sale Securities [Table Text Block]

The cost, gross unrealized gains, gross unrealized losses and fair market value of available-for-sale securities at October 31, 2013 and April 30, 2013 are as follows (in thousands):

		October 31, 2013
						Gross				Gross				Fair
						Unrealized				Unrealized				Market
		Cost				Gains				Losses				Value
Fixed income securities		$	8,935			$	161			$	(36	)		$	9,060
Equity securities			6,179				949				(309	)			6,819
		$	15,114			$	1,110			$	(345	)		$	15,879

		April 30, 2013
						Gross				Gross				Fair
						Unrealized				Unrealized				Market
		Cost				Gains				Losses				Value
Fixed income securities		$	10,285			$	297			$	0			$	10,582
Equity securities			6,490				1,266				(68	)			7,688
		$	16,775			$	1,563			$	(68	)		$	18,270

Unrealized Gain (Loss) on Investments [Table Text Block]

The following table presents the fair value and unrealized losses, aggregated by investment type and length of time that individual securities have been in a continuous unrealized loss position (in thousands):

		Less than 12 months								12 Months or more								Total
		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
		Value				Losses				Value				Losses				Value				Losses
October 31, 2013
Fixed Income Securities		$	446			$	(36	)		$	-			$	-			$	446			$	(36	)
Equity Securities			1,464				(86	)			357				(223	)			1,821				(309	)
		$	1,910			$	(122	)		$	357			$	(223	)		$	2,267			$	(345	)
April 30, 2013
Fixed Income Securities		$	-			$	-			$	-			$	-			$	-			$	-
Equity Securities			-				-				512				(68	)			512				(68	)
		$	-			$	-			$	512			$	(68	)		$	512			$	(68	)

Fair Value, by Balance Sheet Grouping [Table Text Block]

Maturities of fixed income securities classified as available-for-sale at October 31, 2013 are as follows, at cost (in thousands):

Current		$	4,009
Due after one year through five years			4,124
Due after five years through ten years			802
		$	8,935

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References+ Details

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References+ Details