GAIN FROM SETTLEMENT

6 Months Ended

Oct. 31, 2015

Gain Loss From Settlement [Abstract]

Gain Loss From Settlement [Text Block]

(11) GAIN FROM SETTLEMENT

During the first quarter of 2015, the Company and certain of its subsidiaries entered into a settlement agreement with a significant customer, Heinrich Bauer (USA) LLC. As a result of the settlement agreement, the Company recognized a pretax gain of $11,155,000, which is included in the results of discontinued operations in the accompanying financial statements for the six months ended October 31, 2014. Refer to Item 1 of Part I of the 2015 Form 10-K for additional detail about the settlement agreement.