Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

v2.4.0.6
Employee Benefit Plan
12 Months Ended
Apr. 30, 2012
Notes to Financial Statements  
Employee Benefit Plan

 

(9) Employee Benefit Plan

 

The Company has a defined contribution plan (the Plan) which is available to all qualified employees. Employees may elect to contribute a portion of their compensation to the Plan, subject to certain limitations. The Company contributes a percentage of the employee’s contribution, subject to a maximum of 4.5 percent. The Company’s matching contributions aggregated approximately $248, $301 and $307 in 2012, 2011 and 2010, respectively.