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Defined Benefit Pension Plans

3 Months Ended

Jul. 31, 2014

Compensation And Retirement Disclosure [Abstract]

Defined Benefit Pension Plans

E. 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. The Company did not make any contributions to the plans during the three months ended July 31, 2014 and 2013. The Company does not expect any contributions to be paid to the plans during fiscal year 2015.

Pension expense consisted of the following (in thousands):

		Three months ended July 31, 2014				Three months ended July 31, 2013
Service cost		$	-0-			$	-0-
Interest cost			222				212
Expected return on plan assets			(325	)			(317	)
Recognition of net loss			234				283
Net periodic pension expense		$	131			$	178

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- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-URI http://asc.fasb.org/topic&trid=2235017

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