Information About the Company's Operations in Different Industry Segments (Tables)

9 Months Ended

Jan. 31, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables set forth summarized data relative to the industry segments in which the Company operated for the three and nine month periods ended January 31, 2013 and 2012 (in thousands):

	Subscription Fulfillment Services(d)			Newsstand Distribution Services			Product Services and Other		Real Estate Operations			Corporate and Other			Consolidated
Three months ended January 31, 2013 (a):
Revenues	$	15,011		$	2,169		$	4,045	$	595		$	(68	)	$	21,752
Net income (loss)		109			184			179		(842	)		373			3
Provision (benefit) for income taxes		67			(103	)		106		(498	)		202			(226	)
Interest expense (income), net (b)		534			(357	)		26		574			(380	)		397
Depreciation and amortization		727			89			52		21			36			925
EBITDA (c)	$	1,437		$	(187	)	$	363	$	(745	)	$	231		$	1,099
Capital expenditures	$	377		$	43		$	33	$	-		$	-		$	453
Three months ended January 31, 2012 (a):
Revenues	$	15,589		$	2,213		$	3,617	$	70		$	(65	)	$	21,424
Net income (loss)		(137	)		19			55		(521	)		268			(316	)
Provision (benefit) for income taxes		(20	)		(56	)		21		(750	)		137			(668	)
Interest expense (income), net (b)		548			(379	)		37		436			(304	)		338
Depreciation and amortization		1,027			128			63		20			37			1,275
EBITDA (c)	$	1,418		$	(288	)	$	176	$	(815	)	$	138		$	629
Capital expenditures	$	40		$	-		$	24	$	-		$	-		$	64

Nine months ended January 31, 2013 (a):
Revenues	$	43,069	$	6,795		$	12,215	$	788		$	(202	)	$	62,665
Net income (loss)		155		447			651		(2,594	)		1,012			(329	)
Provision (benefit) for income taxes		95		122			383		(1,444	)		539			(305	)
Interest expense (income), net (b)		1,595		(1,075	)		83		1,558			(1,123	)		1,038
Depreciation and amortization		2,174		283			166		61			109			2,793
Impairment of assets		-		-			-		169			-			169
EBITDA (c)	$	4,019	$	(223	)	$	1,283	$	(2,250	)	$	537		$	3,366
Capital expenditures	$	468	$	244		$	33	$	-		$	-		$	745
Nine months ended January 31, 2012 (a):
Revenues	$	48,775	$	7,112		$	8,928	$	1,648		$	(195	)	$	66,268
Net income (loss)		911		203			33		(1,411	)		752			488
Provision (benefit) for income taxes		614		169			8		(1,211	)		387			(33	)
Interest expense (income), net (b)		1,680		(1,107	)		103		1,244			(865	)		1,055
Depreciation and amortization		3,216		399			191		61			111			3,978
EBITDA (c)	$	6,421	$	(336	)	$	335	$	(1,317	)	$	385		$	5,488
Capital expenditures	$	656	$	68		$	37	$	-		$	-		$	761

(a)   Revenue information provided for each segment includes amounts grouped as Interest and other in the accompanying statements of operations.  Corporate revenue is net of an intercompany revenue elimination.

(b)   Interest expense (income), net for Newsstand Distribution Services and Corporate and Other principally includes inter-segment interest income that is eliminated in consolidation.

(c)   The Company uses EBITDA (which the Company defines as income before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net income (loss) as a key measure of profit or loss for segment performance and evaluation purposes.

(d)   The Subscription Fulfillment Services segment includes $611,000 of revenues and a $39,000 net loss from FulCircle business operations for the one month period ended January 31, 2013.