v3.25.2
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Cash flows from operating activities:    
Net income $ 6,460,000 $ 5,887,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 331,000 294,000
Investment (gains)/losses (1,344,000) (950,000)
Non-voting revenues interest from EAM Trust (4,488,000) (3,680,000)
Non-voting profits interest from EAM Trust (633,000) (561,000)
Distributions received from EAM Trust 4,708,000 4,004,000
Deferred income taxes 395,000 315,000
Deferred rent (316,000) (292,000)
Deferred rent (316,000) (292,000)
Unearned revenue (734,000) (1,205,000)
Accounts payable & accrued expenses (537,000) (563,000)
Accrued salaries (152,000) (125,000)
Accrued taxes on income 1,653,000 1,287,000
Prepaid and refundable income taxes 0 209,000
Prepaid expenses and other current assets 179,000 70,000
Accounts receivable 38,000 81,000
Total adjustments (900,000) (1,116,000)
Net cash provided by operating activities 5,560,000 4,771,000
Purchases of equity securities (118,000) (4,520,000)
Purchases of fixed income securities classified as available-for-sale (5,055,000) (2,450,000)
Proceeds from sales of equity securities 215,000 90,000
Proceeds from sales of fixed income securities classified as available-for-sale 2,147,000 16,357,000
Acquisition of property and equipment 0 (4,000)
Net cash provided by/(used in) investing activities (2,811,000) 9,473,000
Purchase of treasury stock at cost (59,000) (179,000)
Dividends paid (3,059,000) (2,827,000)
Net cash used in financing activities (3,118,000) (3,006,000)
Net change in cash and cash equivalents (369,000) 11,238,000
Cash, cash equivalents and restricted cash at beginning of period 34,382,000 4,695,000
Cash, cash equivalents and restricted cash at end of period $ 34,013,000 $ 15,933,000