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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jan. 31, 2017
Apr. 30, 2016
CURRENT ASSETS:    
Cash $ 5,323 $ 7,381
Accounts receivable, net of allowance fo doubtful accounts 3,030 1,574
Inventories    
Parts and Raw materials 6,049 6,339
Work in process 1,362 1,349
Finished goods 244 275
Total inventory 7,655 7,963
Prepaid expenses and other current assets 939 873
Total current assets 16,947 17,791
PROPERTY, PLANT AND EQUIPMENT:    
Land and building 4,099 4,081
Aircraft 5,888 5,712
Machinery and equipment 3,705 3,630
Office furniture and fixtures 6,805 5,637
Leasehold improvements 4,032 4,032
Property, plant and equipment, gross 24,529 23,092
Accumulated depreciation (14,339) (13,218)
Total property, plant and equipment 10,190 9,874
SUPPLEMENTAL TYPE CERTIFICATES (net of amortization of $3,731 at July 31, 2016 and $3,549 at April 30, 2016) 6,405 6,481
OTHER ASSETS:    
Deferred tax asset 678 1,104
Other assets (net of accumulated amortization of $5,902 at July 31, 2016 and $5,579 at April 30, 2016) 6,704 7,447
Total other assets 7,382 8,551
Total Assets 40,924 42,697
CURRENT LIABILITIES:    
Promissory notes 2,257 3,988
Current maturities of long-term debt 2,203 2,464
Accounts payable 1,530 2,018
Customer deposits 2,079 258
Gaming facility mandated payment 844 1,206
Compensation and compensated absences 1,058 1,322
Other current liabilities 266 125
Total current liabilities 10,237 11,381
LONG-TERM DEBT, NET OF CURRENT MATURITIES: 3,726 5,218
Total liabilities 13,963 16,599
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, par value $0.01: authorized 100,000,000 shares issued and outstanding 64,066,873 shares at July 31, 2016 and 64,066,873 shares at April 30, 2016 640 640
Capital contributed in excess of par 13,356 13,716
Treasury stock at cost, 600,000 shares (742) (732)
Retained Earnings 9,301 8,185
Total stockholders' equity Butler National Corporation 22,555 21,809
Noncontrolling Interest in BHCMC, LLC 4,406 4,289
Total stockholders' equity 26,961 26,098
Total Liabilities and Stockholders' Equity 40,924 42,697
Preferred Class A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Preferred Class B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock $ 0 $ 0