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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2016
Apr. 30, 2016
ASSETS    
Cash and cash equivalents $ 11,906 $ 14,562
Receivables, net 6,950 7,271
Real estate inventory 57,743 61,663
Investment assets, net 9,716 10,326
Property, plant and equipment, net 11,337 11,997
Other assets 3,173 3,478
Taxes receivable 69 48
Deferred income taxes, net 10,922 11,283
TOTAL ASSETS 111,816 120,628
LIABILITIES:    
Accounts payable and accrued expenses 7,578 8,453
Notes payable:    
Amounts due within one year 0 555
Amounts due to related party 3,655 12,384
Notes payable 3,655 12,939
Other liabilities and deferred revenue 3,565 3,682
Accrued pension cost 13,340 12,710
TOTAL LIABILITIES 28,138 37,784
SHAREHOLDERS’ EQUITY:    
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,303,204 at October 31, 2016 and 8,284,704 at April 30, 2016 830 828
Capital contributed in excess of par value 50,643 50,553
Retained earnings 47,521 46,779
Accumulated other comprehensive loss, net (11,101) (11,101)
Treasury stock, at cost; 225,250 shares at October 31, 2016 and April 30, 2016 (4,215) (4,215)
TOTAL SHAREHOLDERS’ EQUITY 83,678 82,844
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 111,816 $ 120,628