XML 36 R27.htm IDEA: XBRL DOCUMENT v3.22.2.2
Note I - Stock-based Compensation Plans (Tables)
3 Months Ended
Jul. 31, 2022
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, 2032

 

Shares available for grant at July 31, 2022

  185,000 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  

Three Months Ended
July 31,

 
  

2022

  

2021

 

Expected terms (years)

  5.5   5.5 

Risk-free interest rate

  2.92%  0.86%

Volatility

  51%  51%

Dividend yield

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

Three Months Ended
July 31,

 

(Dollars in thousands)

 

2022

  

2021

 
         

Options exercised

  23,000   36,500 

Cash received from option exercises

 $1,216  $251 

Intrinsic value of options exercised

 $1,204  $3,565