XML 35 R25.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note I - Stock-based Compensation (Tables)
6 Months Ended
Oct. 31, 2016
Notes Tables  
Stock Option Plan Comparison [Table Text Block]
    1997 Plan   Restated
Option Plan
         
Minimum exercise price as a percentage of fair market value at date of grant     100 %     100 %
Last expiration date for outstanding options     July 2, 2017       August 10, 2026  
Shares available for grant at October 31, 2016     -       276,500  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    Six Months Ended
October 31,
    2016   2015
Expected term (years)     5.5       5.5  
Risk-free interest rate     1.28 %     1.58 %
Volatility     36 %     34 %
Dividend yield     -       -  
Schedule of Share-based Compensation, Stock Options, Exercises [Table Text Block]
    Six Months Ended
October 31,
(Dollars in thousands)   2016   2015
         
Options exercised     57,500       17,750  
Cash received from option exercises   $ 860     $ 245  
Intrinsic value of options exercised   $ 1,335     $ 690