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INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS (Tables)
 6 Months Ended
Oct. 31, 2018
Segment Reporting [Abstract]  
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 periods indicated (in thousands):
 
 
 
Real Estate
 
 
Fulfillment
Services (d)
 
 
Corporate

and

Other
 
 
Consolidated
 
Three months ended October 31, 2018 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,636
 
 
$
6,941
 
 
$
31
 
 
$
9,608
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(466
)
 
$
93
 
 
$
428
 
 
$
55
 
(Benefit) provision for income taxes
 
 
(163
)
 
 
26
 
 
 
90
 
 
 
(47
)
Interest expense (income), net (b)
 
 
592
 
 
 
296
 
 
 
(881
)
 
 
7
 
Depreciation 
 
 
23
 
 
 
263
 
 
 
-
 
 
 
286
 
EBITDA (c)
 
$
(14
)
 
$
678
 
 
$
(363
)
 
$
301
 
Capital expenditures
 
$
-
 
 
$
-
 
 
$
-
 
 
$
-
 
 
 
 
Real Estate
 
 
 
 
Fulfillment
Services (d)
 
 
 
Corporate
and
Other
 
 
 
Consolidated
 
 
Three months ended October 31, 2017 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,476
 
 
$
7,673
 
 
$
26
 
 
$
9,175
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(577
)
 
$
560
 
 
$
295
 
 
$
278
 
(Benefit) provision for income taxes
 
 
(338
)
 
 
289
 
 
 
134
 
 
 
85
 
Interest expense (income), net (b)
 
 
524
 
 
 
293
 
 
 
(799
)
 
 
18
 
Depreciation 
 
 
17
 
 
 
297
 
 
 
-
 
 
 
314
 
EBITDA (c)
 
$
(374
)
 
$
1,439
 
 
$
(370
)
 
$
695
 
Capital expenditures
 
$
-
 
 
$
19
 
 
$
-
 
 
$
19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended October 31, 2018 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
6,875
 
 
$
14,386
 
 
$
62
 
 
$
21,323
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(977
)
 
$
288
 
 
$
805
 
 
$
116
 
(Benefit) provision for income taxes
 
 
(343
)
 
 
81
 
 
 
163
 
 
 
(99
)
Interest expense (income), net (b)
 
 
1,177
 
 
 
587
 
 
 
(1,752
)
 
 
12
 
Depreciation
 
 
44
 
 
 
529
 
 
 
-
 
 
 
573
 
EBITDA (c)
 
$
(99
)
 
$
1,485
 
 
$
(784
)
 
$
602
 
Capital expenditures
 
$
-
 
 
$
34
 
 
$
-
 
 
$
34
 
Total assets as of October 31, 2018
 
$
74,196
 
 
$
18,410
 
 
$
12,012
 
 
$
104,618
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended October 31, 2017 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
4,223
 
 
$
16,234
 
 
$
44
 
 
$
20,501
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(397
)
 
$
1,600
 
 
$
523
 
 
$
1,726
 
(Benefit) provision for income taxes
 
 
(204
)
 
 
825
 
 
 
230
 
 
 
851
 
Interest expense (income), net (b)
 
 
1,048
 
 
 
596
 
 
 
(1,613
)
 
 
31
 
Depreciation
 
 
35
 
 
 
600
 
 
 
-
 
 
 
635
 
EBITDA (c)
 
$
482
 
 
$
3,621
 
 
$
(860
)
 
$
3,243
 
Capital expenditures
 
$
-
 
 
$
29
 
 
$
-
 
 
$
29
 
Total assets as of October 31, 2017
 
$
74,233
 
 
$
25,745
 
 
$
7,044
 
 
$
107,022
 
 
 
(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 inter-segment interest expense (income) that is eliminated in consolidation.
 
(c)
The Company uses EBITDA (which the Company defines as (loss) income before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net (loss) income as a key measure of profit or loss for segment performance and evaluation purposes.
 
(d)
Fulfillment services revenues and EBITDA for the first six months of 2018 included a pre-tax gain of $1,318,000 resulting from the settlement agreement with the State of Florida (see Note 7).
Disaggregation of Revenue [Table Text Block] The following table presents the Company’s revenues disaggregated by revenue source (in thousands):
 
 
 
Three Months

Ended October 31,
 
 
 
2018
 
 
2017
 
Fulfillment revenues:
 
 
 
 
 
 
 
 
Subscription services
 
 
$
4,484
 
 
 
$
4,669
 
Membership fulfillment
 
 
1,188
 
 
 
1,802
 
Contact center
 
 
1,087
 
 
 
1,020
 
Other revenues
 
 
182
 
 
 
182
 
Total fulfillment revenues
 
 
6,941
 
 
 
7,673
 
 
 
 
 
 
 
 
 
 
Real estate revenues:
 
 
 
 
 
 
 
 
Developed land sales
 
 
 
 
 
 
 
 
Residential land sales
 
 
2,367
 
 
 
1,411
 
Commercial land sales
 
 
-
 
 
 
-
 
Undeveloped land sales
 
 
-
 
 
 
5
 
Total real estate revenues
 
 
2,367
 
 
 
1,416
 
 
 
 
 
 
 
 
 
 
Total corporate and other revenues
 
 
300
 
 
 
86
 
Total revenues
 
$
9,608
 
 
$
9,175
 
 
 
 
Six Months

Ended October 31,
 
 
 
2018
 
 
2017
 
Fulfillment revenues:
 
 
 
 
 
 
 
 
Subscription services
 
 
$
8,873
 
 
 
$
8,929
 
Membership fulfillment
 
 
3,119
 
 
 
3,639
 
Contact center
 
 
2,063
 
 
 
1,967
 
Other revenues
 
 
331
 
 
 
381
 
Total fulfillment revenues
 
 
14,386
 
 
 
14,916
 
 
 
 
 
 
 
 
 
 
Real estate revenues:
 
 
 
 
 
 
 
 
Developed land sales
 
 
 
 
 
 
 
 
Residential land sales
 
 
6,517
 
 
 
4,053
 
Commercial land sales
 
 
-
 
 
 
-
 
Undeveloped land sales
 
 
31
 
 
 
40
 
Total real estate revenues
 
 
6,548
 
 
 
4,093
 
 
 
 
 
 
 
 
 
 
Total corporate and other revenues
 
 
389
 
 
 
1,492
 
Total revenues
 
$
21,323
 
 
$
20,501