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

12 Months Ended

Apr. 30, 2017

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables set forth summarized data relative to the industry segments in which the Company operated for the years indicated (in thousands):

					Corporate
	Real Estate		Fulfillment		and
	Operations		Services		Other		Consolidated
Year ended April 30, 2017:
Revenues (a)	$	11,257	$	31,030	$	81	$	42,368
Net income (loss)	$	(1,094)	$	(92)	$	1,171	$	(15)
Provision (benefit) for income taxes		(445)		(154)		1,596		997
Interest expense (income), net (b)		2,256		1,085		(3,008)		333
Depreciation and amortization		95		1,301		-		1,396
Impairment of assets		150		-		-		150
EBITDA (c)	$	962	$	2,140	$	(242)	$	2,860

Capital expenditures	$	-	$	249	$	-	$	249

Year ended April 30, 2016:
Revenues (a)	$	5,955	$	34,757	$	952	$	41,664
Net income (loss)	$	(4,869)	$	(7,597)	$	2,242	$	(10,224)
Provision (benefit) for income taxes		(2,067)		(3,754)		610		(5,211)
Interest expense (income), net (b)		2,614		875		(2,128)		1,361
Depreciation and amortization		112		2,756		109		2,977
Impairment of assets		2,506		7,900		-		10,406
EBITDA (c)	$	(1,704)	$	180	$	833	$	(691)

Capital expenditures	$	3	$	795	$	-	$	798

(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)

Interest expense (income), net includes significant inter-segment interest expense (income) that is eliminated in consolidation.

(c)

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.