XML 25 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2012
Oct. 31, 2011
REVENUES:        
Professional services $ 9,170 $ 9,139 $ 18,977 $ 17,737
Aerospace products 4,367 5,002 8,028 8,550
Total revenues 13,537 14,141 27,005 26,287
COSTS AND EXPENSES:        
Cost of professional services 5,370 5,015 10,507 9,992
Cost of aerospace products 3,177 2,577 6,101 5,513
Marketing and advertising 997 2,192 2,117 3,137
Employee benefits 522 751 1,004 1,509
Depreciation and amortization 745 473 1,456 936
General, administrative and other 2,027 1,754 3,836 3,147
Total costs and expenses 12,838 12,762 25,021 24,234
OPERATING INCOME 699 1,379 1,984 2,053
OTHER INCOME (EXPENSE)        
Interest expense (332) (93) (678) (181)
Other income (expense), net 1 0 10 2
Total other income (expense), (331) (93) (668) (179)
INCOME BEFORE INCOME TAXES 368 1,286 1,316 1,874
PROVISION FOR INCOME TAXES 68 306 208 388
NET INCOME 300 980 1,108 1,486
Net income attributable to noncontrolling interest in BHCMC, LLC (186) (522) (726) (920)
NET INCOME ATTRIBUTABLE TO BUTLER NATIONAL CORPORATION $ 114 $ 458 $ 382 $ 566
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.00 $ 0.01 $ 0.01 $ 0.01
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 57,546,314 56,594,262 57,546,314 56,594,262
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 0.00 $ 0.01 $ 0.01 $ 0.01
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 57,546,314 56,594,262 57,546,314 56,594,262