PROPERTY, PLANT AND EQUIPMENT:

12 Months Ended

Apr. 30, 2016

Property, Plant and Equipment Disclosure [Abstract]

Property, Plant and Equipment [Text Block]

(6) PROPERTY, PLANT AND EQUIPMENT:

Property, plant and equipment consist of:

 

	April 30,
	2016		2015
	(in thousands)
Land, buildings and improvements	$	15,864	$	20,000
Furniture and equipment		19,140		19,098
		35,004		39,098
Less accumulated depreciation		(23,007)		(23,335)
	$	11,997	$	15,763

As a result of the long-lived asset impairment test performed as of April 30, 2016 (see Note 16) , the Company recorded a non-cash, pre-tax impairment charge related to property, plant and equipment of its Fulfillment Services business that totaled $3,094,000. The carrying amount of (i) land was reduced by $2,848,000, (ii) buildings was reduced by $122,000 and (iii) furniture and equipment was reduced by $124,000.

Depreciation of property, plant and equipment charged to operations was $1,561,000 and $1,811,000 in 2016 and 2015.