Consolidated Statements of Income (unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
Jul. 31, 2012	Jul. 31, 2011
Revenues:
Investment periodicals and related publications	$ 8,028	$ 8,398
Copyright data fees	910	972
Total revenues	8,938	9,370
Expenses:
Advertising and promotion	812	1,121
Salaries and employee benefits	3,779	3,640
Production and distribution	1,362	1,229
Office and administration	1,633	1,742
Total expenses	7,586	7,732
Income from operations	1,352	1,638
Revenues and profits interests in EAM Trust	1,473	1,572
Income from securities transactions, net	26	11
Income before income taxes	2,851	3,221
Income tax provision	1,075	1,145
Net income	$ 1,776	$ 2,076
Earnings per share, basic & fully diluted (in dollars per share)	$ 0.18	$ 0.21
Weighted average number of common shares (in shares)	9,896,381	9,965,021

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

No definition available.