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Note I - Stock-based Compensation (Tables)
6 Months Ended
Oct. 31, 2021
Notes Tables  
Stock Option Plan Comparison [Table Text Block]
 

Restated Option Plan

  

Minimum exercise price as a percentage of fair market value at  date of grant

100%

Last expiration date for outstanding options

May 1, 2031

Shares available for grant at October 31, 2021

215,000

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  

Six Months Ended
October 31,

 
  

2021

  

2020

 

Expected term (years)

  5.5   5.5 

Risk-free interest rate

  0.86%  0.36%

Volatility

  51%  50%

Dividend yield

  -   - 
Schedule of Share-based Compensation, Stock Options, Exercises [Table Text Block]
  

Six Months Ended
October 31,

 

(Dollars in thousands)

 

2021

  

2020

 
         

Options exercised

  56,500   55,566 

Cash received from option exercises

 $251  $2,548 

Intrinsic value of options exercised

 $4,896  $2,439