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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
3 Months Ended 9 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Jan. 31, 2011
REVENUE        
Aircraft / Modifications $ 2,764,999 $ 4,005,617 $ 9,672,768 $ 10,008,617
Avionics / Defense 1,421,066 1,753,861 3,063,506 3,681,954
Management / Professional Services 1,414,836 1,066,552 3,596,244 3,266,818
Gaming facility 8,133,557 6,033,399 23,689,000 16,464,836
Net Revenue 13,734,458 12,859,429 40,021,518 33,422,225
COST OF SALES        
Aircraft / Modifications 2,224,046 2,238,485 6,300,684 6,514,478
Avionics / Defense 861,664 1,238,418 2,298,527 2,323,763
Management / Professional Services 491,908 365,440 1,091,237 1,018,684
Gaming facility 2,063,747 1,917,273 6,090,316 5,067,641
Total Cost of Sales 5,641,365 5,759,616 15,780,764 14,924,566
GROSS PROFIT 8,093,093 7,099,813 24,240,754 18,497,659
OPERATING EXPENSES MARKETING, GENERAL & ADMINISTRATIVE 6,524,919 5,586,233 20,619,706 16,267,459
OPERATING INCOME (LOSS) 1,568,174 1,513,580 3,621,048 2,230,200
OTHER INCOME (EXPENSE)        
Interest expense (179,106) (84,779) (360,195) (266,789)
Other 363 878 3,161 (35,625)
Other income (expense) (178,743) (83,901) (357,034) (302,414)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES 1,389,431 1,429,679 3,264,014 1,927,786
PROVISION FOR (BENEFIT) FROM INCOME TAXES 278,242 564,000 666,497 702,070
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST IN BHCMC, LLC 1,111,189 865,679 2,597,517 1,225,716
NET INCOME (LOSS) NON-CONTROLLING INTEREST IN BHCMC, LLC (542,925) 1,359 (1,462,856) 1,819
NET INCOME (LOSS) BUTLER NATIONAL CORPORATION $ 568,264 $ 867,038 $ 1,134,661 $ 1,227,535
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.01 $ 0.01 $ 0.02 $ 0.02
Shares used in per share calculation (in shares) 56,594,262 56,156,448 56,594,262 56,091,865
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 0.01 $ 0.01 $ 0.02 $ 0.02
Shares used in per share calculation (in shares) 56,594,262 56,266,608 56,594,262 56,196,183