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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2010
Revenues:      
Investment periodicals and related publications $ 33,018 $ 34,406 $ 35,965
Copyright data fees 3,591 3,568 3,243
Investment management fees & services   10,693 18,932
Total revenues 36,609 48,667 58,140
Expenses:      
Advertising and promotion 4,203 6,673 9,346
Salaries and employee benefits 15,001 17,242 16,314
Production and distribution 4,894 4,718 5,244
Office and administration 7,173 9,504 11,320
Expenses related to restructuring   3,764  
Provision for settlement   (1,767) 48,106
Total expenses 31,271 40,134 90,330
Income (loss) from operations 5,338 8,533 (32,190)
Gain on deconsolidation of subsidiaries   50,510  
Revenues and profits interests in EAM Trust 5,890 2,355  
Income from securities transactions, net 70 65 837
Income (loss) before income taxes 11,298 61,463 (31,353)
Income tax provision 4,373 23,681 (8,165)
Net income (loss) $ 6,925 $ 37,782 $ (23,188)
Earnings (loss) per share, basic & fully diluted (in dollars per share) $ 0.70 $ 3.79 $ (2.32)
Weighted average number of common shares (in shares) 9,921,925 9,980,000 9,981,600