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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
REVENUES:        
Total revenues $ 9,816 $ 7,864 $ 36,559 $ 21,326
COSTS AND EXPENSES:        
General and administrative expenses 1,540 1,342 3,983 4,306
Total costs and expenses 8,658 5,340 29,246 17,590
Operating income 1,158 2,524 7,313 3,736
Interest income (expense), net 0 (21) 1 (27)
Other income 0 300 260 950
Income before income taxes 1,158 2,803 7,574 4,659
Provision for income taxes 248 710 1,701 1,175
Net income $ 910 $ 2,093 $ 5,873 $ 3,484
Basic earnings per share $ 0.12 $ 0.29 $ 0.80 $ 0.44
Diluted earnings per share $ 0.12 $ 0.28 $ 0.80 $ 0.44
Weighted average number of common shares outstanding - basic 7,363 7,343 7,357 7,872
Weighted average number of common shares outstanding - diluted 7,385 7,372 7,380 7,903
Land sale revenues        
REVENUES:        
Total revenues $ 5,879 $ 5,957 $ 21,535 $ 17,970
COSTS AND EXPENSES:        
Cost of revenues 4,495 2,916 16,259 12,028
Home sale revenues        
REVENUES:        
Total revenues 3,376 1,261 6,606 1,463
COSTS AND EXPENSES:        
Cost of revenues 2,623 1,082 5,167 1,256
Building sales and other revenues        
REVENUES:        
Total revenues 561 646 8,418 $ 1,893
COSTS AND EXPENSES:        
Cost of revenues $ 0 $ 0 $ 3,837