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Defined Benefit Pension Plans
 6 Months Ended
Oct. 31, 2012
Defined Benefit Pension Plans [Abstract]  
Defined Benefit Pension Plans

D. Defined Benefit Pension Plans

The Company has non-contributory defined benefit pension plans covering substantially all salaried and hourly employees. These plans were amended as of April 30, 2005, no further benefits have been, or will be, earned under the plans, subsequent to the amendment date, and no additional participants will be added to the plans. Contributions of $1.0 million were paid to the plans during the six months ended October 31, 2012, and the Company does not expect any contributions to be paid to the plans during the remainder of the fiscal year. Contributions of $402,000 were made during the six months ended October 31, 2011 of the prior year.

Pension expense consisted of the following (in thousands):

 

                 
    Three months ended
October 31, 2012		     Three months ended
October 31, 2011		  

Service cost

   $ -0-     $ -0-  

Interest cost

     226       235  

Expected return on plan assets

     (305 )      (326 ) 

Recognition of net loss

     276       179  
   

 

 

    

 

 

  

Net periodic pension expense

   $ 197     $ 88  
   

 

 

    

 

 

  
     
    Six months ended
October 31, 2012		     Six months ended
October 31, 2011		  

Service cost

   $ -0-     $ -0-  

Interest cost

     453       470  

Expected return on plan assets

     (607 )      (652 ) 

Recognition of net loss

     551       358  
   

 

 

    

 

 

  

Net periodic pension expense

   $ 397     $ 176