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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Jan. 31, 2022
Jan. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,873 $ 3,484
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 217 424
Amortization of debt issuance costs 71 30
Non-cash credits and charges:    
Stock-based compensation 178 132
Deferred income tax provision 1,771 1,301
Net periodic pension cost (369) 298
Gain on debt forgiveness (45) (300)
Changes in assets and liabilities:    
Real estate inventory and investment assets (5,608) (2,750)
Other assets (34) (297)
Accounts payable and accrued expenses (262) 951
Accrued pension costs   (1,847)
Taxes receivable (379)  
Net cash provided by operating activities 1,413 1,426
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from corporate-owned life insurance policy 92  
Capital expenditures (1,259) (3)
Net cash used in investing activities (1,167) (3)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from debt financing 6,857 5,466
Principal debt payments (4,554) (3,782)
Payments for debt issuance costs (50) (87)
Repurchase of common stock   (5,116)
Net cash provided by (used in) financing activities 2,253 (3,519)
Increase (decrease) in cash and cash equivalents 2,499 (2,096)
Cash and cash equivalents, beginning of period 24,801 17,502
Cash and cash equivalents, end of period 27,300 15,406
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes refunded, net 3  
Interest paid, net of amount capitalized   $ 52
Right-of-use assets obtained in exchange for operating lease liabilities $ 42