Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2020	Apr. 30, 2020
ASSETS
Cash and cash equivalents	$ 17,068	$ 17,502
Real estate inventory	57,216	53,449
Investment assets, net	18,798	18,644
Other assets	959	934
Taxes receivable, net	57	57
Deferred income taxes, net	5,893	6,080
TOTAL ASSETS	99,991	96,666
LIABILITIES:
Accounts payable and accrued expenses	4,105	3,125
Notes payable, net	5,496	3,890
Accrued pension costs	5,028	5,014
TOTAL LIABILITIES	14,629	12,029
SHAREHOLDERS' EQUITY:
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,367,154 at July 31, 2020 and 8,358,154 at April 30, 2020	837	836
Capital contributed in excess of par value	51,375	51,334
Retained earnings	43,742	43,149
Accumulated other comprehensive loss, net	(6,377)	(6,467)
Treasury stock, at cost - 225,250 shares at July 31, 2020 and April 30, 2020	(4,215)	(4,215)
TOTAL SHAREHOLDERS' EQUITY	85,362	84,637
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 99,991	$ 96,666