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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2024
Jan. 31, 2023
REVENUES:        
Total revenues $ 12,689,000 $ 9,117,000 $ 31,833,000 $ 35,975,000
COSTS AND EXPENSES:        
Operations 1,901,000 1,573,000 5,021,000 3,898,000
Pension settlement   2,336,000   2,336,000
Total costs and expenses 12,837,000 9,592,000 28,907,000 29,411,000
Operating income (loss) (148,000) (475,000) 2,926,000 6,564,000
Interest income, net 262,000   473,000 6,000
Other income 0 1,803,000 0 1,803,000
Income before income taxes 114,000 1,328,000 3,399,000 8,373,000
Provision (benefit) for income taxes 22,000 (15,246,000) 853,000 (13,734,000)
Net income $ 92,000 $ 16,574,000 $ 2,546,000 $ 22,107,000
Earnings per share - basic (in dollars per share) $ 0.02 $ 3.14 $ 0.48 $ 4.19
Earnings per share - diluted (in dollars per share) $ 0.02 $ 3.12 $ 0.48 $ 4.17
Weighted average number of common shares outstanding - basic (in shares) 5,303 5,284 5,299 5,280
Weighted average number of common shares outstanding - diluted (in shares) 5,346 5,310 5,341 5,304
Land sale        
REVENUES:        
Total revenues $ 4,033,000 $ 6,367,000 $ 15,576,000 $ 24,389,000
COSTS AND EXPENSES:        
Cost of revenues 2,647,000 3,636,000 10,512,000 15,415,000
Home sale        
REVENUES:        
Total revenues 2,604,000 2,639,000 9,527,000 10,984,000
COSTS AND EXPENSES:        
Cost of revenues 2,020,000 2,047,000 6,924,000 7,762,000
Other revenues        
REVENUES:        
Total revenues 6,052,000 $ 111,000 6,730,000 $ 602,000
COSTS AND EXPENSES:        
Cost of revenues $ 6,269,000   $ 6,450,000