NOTE D - TREASURY STOCK TRANSACTIONS

6 Months Ended

Oct. 31, 2016

Disclosure Text Block Supplement [Abstract]

Treasury Stock [Text Block]

NOTE D – TREASURY STOCK TRANSACTIONS

During the six and three month periods ended October 31, 2016, the Company made contributions of 27,698 shares and 13,333 shares of its common stock held in treasury to the Company’s profit sharing plan and trust under section 401(k) of the Internal Revenue Code.  Such contributions are in accordance with the Company’s discretionary match of employee voluntary contributions to this plan.  During the same periods, the Company issued 13,568 shares and 12,901 shares from treasury upon the exercise of SARs by certain officers and employees of the Company.