Accounting for the Costs of Computer Software Developed for Internal Use	9 Months Ended
Jan. 31, 2016
Internal Use Software [Abstract]
Accounting for the Costs of Computer Software Developed for Internal Use	Note 10 - Accounting for the Costs of Computer Software Developed for Internal Use: The Company has adopted the provisions of the Statement of Position 98-1 (SOP 98-1), "Accounting for the Costs of Computer Software Developed for Internal Use". SOP 98-1 requires companies to capitalize as long-lived assets many of the costs associated with developing or obtaining software for internal use and amortize those costs over the software's estimated useful life in a systematic and rational manner. The Company capitalized $1,337,000 and $1,802,000 related to the development of software for internal use for the nine months ended January 31, 2016 and 2015, respectively. Capitalized software includes $975,000 and $1,195,000 of internal costs to develop software and $362,000 and $607,000 of third party programmers' costs for the nine months ended January 31, 2016, and January 31, 2015, respectively. Such costs are capitalized and amortized over the expected useful life of the asset which is 5 years. Total amortization expenses for the nine months ended January 31, 2016 and January 31, 2015, were $1,985,000 and $1,683,000, respectively.

Accounting for the Costs of Computer Software Developed for Internal Use

9 Months Ended

Jan. 31, 2016

Accounting for the Costs of Computer Software Developed for Internal Use

Note 10 - Accounting for the Costs of Computer Software Developed for Internal Use:

The Company has adopted the provisions of the Statement of Position 98-1 (SOP 98-1), "Accounting for the Costs of Computer Software Developed for Internal Use". SOP 98-1 requires companies to capitalize as long-lived assets many of the costs associated with developing or obtaining software for internal use and amortize those costs over the software's estimated useful life in a systematic and rational manner.

The Company capitalized $1,337,000 and $1,802,000 related to the development of software for internal use for the nine months ended January 31, 2016 and 2015, respectively. Capitalized software includes $975,000 and $1,195,000 of internal costs to develop software and $362,000 and $607,000 of third party programmers' costs for the nine months ended January 31, 2016, and January 31, 2015, respectively. Such costs are capitalized and amortized over the expected useful life of the asset which is 5 years. Total amortization expenses for the nine months ended January 31, 2016 and January 31, 2015, were $1,985,000 and $1,683,000, respectively.