XML 67 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 8 - Schedule of Effective Income Tax Rate Reconciliation (Details)
3 Months Ended
Jul. 31, 2016
Jul. 31, 2015
U.S. statutory federal tax rate 35.00% 35.00%
State and local income taxes, net of federal income tax benefit 1.99% (3.57%)
Effect of dividends received deductions (0.06%) (0.32%)
Domestic production tax credit 0.00% (0.63%)
Other, net 0.03% 0.09%
Effective income tax rate 36.96% 30.57%