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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
REVENUES:    
Total revenues $ 62,479,000 $ 40,069,000
COSTS AND EXPENSES:    
General and administrative expenses 5,354,000 5,420,000
Total costs and expenses 41,176,000 31,022,000
Operating income 21,303,000 9,047,000
Interest income (expense), net 2,000 (40,000)
Other income 261,000 1,028,000
Income before income taxes 21,566,000 10,035,000
Provision for income taxes 5,704,000 2,643,000
Net income $ 15,862,000 $ 7,392,000
Basic earnings per share $ 2.21 $ 0.95
Diluted earnings per share $ 2.21 $ 0.95
Weighted average number of common shares outstanding - basic 7,170 7,743
Weighted average number of common shares outstanding - diluted 7,193 7,773
Land sale revenues    
REVENUES:    
Total revenues $ 38,564,000 $ 25,175,000
COSTS AND EXPENSES:    
Cost of revenues 21,198,000 17,296,000
Home sale revenues    
REVENUES:    
Total revenues 13,565,000 3,079,000
COSTS AND EXPENSES:    
Cost of revenues 10,237,000 2,584,000
Building sales and other revenues    
REVENUES:    
Total revenues 10,350,000 11,815,000
COSTS AND EXPENSES:    
Cost of revenues $ 4,387,000 $ 5,722,000