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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2012
Apr. 30, 2012
CURRENT ASSETS:    
Cash $ 7,031 $ 7,431
Accounts receivable 2,847 3,589
Inventories    
Raw materials 6,211 6,305
Work in process 1,085 982
Finished goods 292 424
Total inventory 7,588 7,711
Prepaid expenses and other current assets 2,050 1,493
Total current assets 19,516 20,224
PROPERTY, PLANT AND EQUIPMENT:    
Land and building 3,946 3,946
Aircraft 6,673 6,288
Machinery and equipment 3,714 3,714
Office furniture and fixtures 3,068 3,217
Construction in progress 6,711 0
Property, plant and equipment, gross 24,112 17,165
Accumulated depreciation (7,880) (6,688)
Total property, plant and equipment 16,232 10,477
SUPPLEMENTAL TYPE CERTIFICATES (net of amortization of $2,562 at October 31, 2012 and $2,500 at April 30, 2012) 1,621 1,677
OTHER ASSETS:    
Deferred tax asset 1,167 1,167
Other assets (net of accumulated amortization of $803 at October 31, 2012 and $538 at April 30, 2012) 6,752 7,017
Total other assets 7,919 8,184
Total Assets 45,288 40,562
CURRENT LIABILITIES:    
Line of Credit 902 462
Current maturities of long-term debt and capital lease obligations 4,958 3,757
Accounts payable 1,760 1,169
Customer deposits 444 1,015
Gaming facility mandated payment 1,463 1,281
Compensation and compensated absences 963 1,342
Accrued income tax 0 47
Other 291 207
Total current liabilities 10,781 9,280
LONG-TERM DEBT AND CAPITAL LEASE OBLIGATIONS, NET OF CURRENT MATURITIES: 10,624 8,678
Total liabilities 21,405 17,958
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY:    
Common stock, par value $.01:Authorized 100,000,000 shares issued and outstanding 58,142,914 shares at October 31, 2012 and 57,907,564 shares at April 30, 2012 581 579
Common stock, owed but not issued 278,573 shares at October 31, 2012 and at April 30, 2012 3 3
Capital contributed in excess of par 12,736 12,568
Treasury stock at cost, 600,000 shares (732) (732)
Retained Earnings 8,553 8,170
Total stockholders' equity Butler National Corporation 21,141 20,588
Noncontrolling Interest in BHCMC, LLC 2,742 2,016
Total stockholders' equity 23,883 22,604
Total Liabilities and Stockholders' Equity 45,288 40,562
Preferred Class A [Member]
   
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Preferred Class B [Member]
   
STOCKHOLDERS' EQUITY:    
Preferred stock $ 0 $ 0