INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS

3 Months Ended

Jul. 31, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(11) INFORMATION ABOUT THE COMPANY’S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS

 

The following tables set forth summarized data relative to the industry segments in which the Company operated for the three month periods ended July 31, 2016 and 2015 (in thousands):

	Real Estate Operations		Fulfillment Services		Corporate and Other		Consolidated
Three months ended July 31, 2016 (a):
Revenues	$	4,370	$	7,828	$	10	$	12,208
Net income (loss) from operations	$	247	$	(42)	$	425	$	630
Provision (benefit) for income taxes		145		(25)		217		337
Interest expense (income), net		647		269		(692)		224
Depreciation and amortization		24		343		-		367
EBITDA (b)	$	1,063	$	545	$	(50)	$	1,558
Capital expenditures	$	-	$	39	$	-	$	39
Three months ended July 31, 2015 (a):
Revenues	$	168	$	9,181	$	226	$	9,575
Net income (loss) from operations	$	(766)	$	(776)	$	363	$	(1,179)
Provision (benefit) for income taxes		(454)		(456)		185		(725)
Interest expense (income), net		671		167		(459)		379
Depreciation and amortization		23		716		7		746
EBITDA (b)	$	(526)	$	(349)	$	96	$	(779)
Capital expenditures	$	-	$	82	$	-	$	82

(a) Revenue information provided for each segment includes amounts grouped as Other in the accompanying consolidated statements of operations. Corporate and Other is net of intercompany eliminations.

(b) 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.