XML 14 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidated Statements of Income and Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2016
Oct. 31, 2015
Revenues $ 12,914 $ 16,003 $ 25,622 $ 32,684
Cost of revenues 8,801 10,779 17,395 21,686
Gross margin 4,113 5,224 8,227 10,998
Selling and administrative expenses 3,272 3,230 6,598 6,916
Research and development expenses 2,188 1,946 3,772 3,093
Operating (loss) profit (1,347) 48 (2,143) 989
Other income (expense):        
Investment income 187 94 278 365
Interest expense (26) (32) (67) (56)
Other (expense) income, net (2) 1 (2) 404
(Loss) income before provision for income taxes (1,188) 111 (1,934) 1,702
Provision for income taxes (164) 180 (204) 880
Net (loss) income $ (1,024) $ (69) $ (1,730) $ 822
Net (loss) income per common share        
Basic (in Dollars per share) $ (0.12) $ (0.01) $ (0.20) $ 0.09
Diluted (in Dollars per share) $ (0.12) $ (0.01) $ (0.20) $ 0.09
Weighted average shares outstanding        
Basic (in Shares) 8,780,633 8,725,128 8,771,494 8,715,656
Diluted (in Shares) 8,780,633 8,725,128 8,771,494 8,959,150
Condensed Consolidated Statements of Comprehensive (Loss) Income        
Net (loss) income $ (1,024) $ (69) $ (1,730) $ 822
Other comprehensive income:        
Foreign currency translation adjustment 984 91 369 792
Unrealized gain (loss) on marketable securities:        
Change in market value of marketable securities before reclassification, net of tax of ($61) and $148 (194) (104) 118 (289)
Reclassification adjustment for realized gains included in net income, net of tax of $47 in 2015 0 0 0 (90)
Total unrealized gain (loss) on marketable securities, net of tax (194) (104) 118 (379)
Total other comprehensive income 790 (13) 487 413
Comprehensive (loss) income $ (234) $ (82) $ (1,243) $ 1,235