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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2016
Apr. 30, 2015
CURRENT ASSETS:    
Cash $ 7,381 $ 6,195
Accounts receivable, net of allowance fo doubtful accounts 1,574 944
Inventories    
Parts and raw materials 6,339 5,277
Work in process 1,349 1,364
Finished goods 275 396
Total inventory, net of allowance 7,963 7,037
Prepaid expenses and other current assets 873 862
Total current assets 17,791 15,038
PROPERTY, PLANT AND EQUIPMENT:    
Land and building 4,081 4,071
Aircraft 5,712 7,493
Machinery and equipment 3,630 3,612
Office furniture and fixtures 5,637 5,396
Leasehold improvements 4,032 4,081
Property, plant and equipment, gross 23,092 24,653
Accumulated depreciation (13,218) (13,473)
Total property, plant and equipment 9,874 11,180
SUPPLEMENTAL TYPE CERTIFICATES (net of accumulated amortization of $2,975 at April 30, 2015 and $2,841 at April 30, 2014) 6,481 5,863
OTHER ASSETS:    
Deferred tax asset 1,104 1,197
Other assets (net of accumulated amortization of $4,050 at April 30, 2015 and $2,520 at April 30, 2014) 7,447 8,320
Total other assets 8,551 9,517
Total assets 42,697 41,598
CURRENT LIABILITIES:    
Promissory notes 3,988 1,510
Current maturities of long-term debt 2,464 2,412
Accounts payable 2,018 1,874
Customer deposits 258 837
Gaming facility mandated payment 1,206 1,299
Compensation and compensated absences 1,322 1,294
Other current liabilities 125 100
Total current liabilities 11,381 9,326
LONG-TERM DEBT, NET OF CURRENT MATURITIES: 5,218 6,870
Total liabilities 16,599 16,196
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, par value $0.01: authorized 100,000,000 shares issued and outstanding 64,066,873 shares at April 30, 2016 and 62,860,098 shares at April 30, 2015 640 628
Capital contributed in excess of par 13,716 13,487
Treasury stock at cost, 600,000 shares (732) (732)
Retained earnings 8,185 8,161
Total stockholders' equity Butler National Corporation 21,809 21,544
Noncontrolling interest in BHCMC, LLC 4,289 3,858
Total stockholders' equity 26,098 25,402
Total liabilities and stockholders' equity 42,697 41,598
Preferred Class A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Preferred Class B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock $ 0 $ 0