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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2017
Apr. 30, 2016
CURRENT ASSETS:    
Cash $ 6,389 $ 7,381
Accounts receivable, net of allowance for doubtful accounts 4,095 1,574
Inventories    
Parts and raw materials 5,644 6,339
Work in process 1,174 1,349
Finished goods 39 275
Total inventory, net of allowance 6,857 7,963
Prepaid expenses and other current assets 994 873
Total current assets 18,335 17,791
PROPERTY, PLANT AND EQUIPMENT:    
Land and building 5,132 4,081
Aircraft 5,888 5,712
Machinery and equipment 3,639 3,630
Office furniture and fixtures 6,497 5,637
Leasehold improvements 4,032 4,032
25,188 23,092
Accumulated depreciation (14,506) (13,218)
Total property, plant and equipment 10,682 9,874
SUPPLEMENTAL TYPE CERTIFICATES (net of accumulated amortization of $4,345 at April 30, 2017 and $3,549 at April 30, 2016) 6,354 6,481
OTHER ASSETS:    
Deferred tax asset 925 1,104
Other assets (net of accumulated amortization of $6,904 at April 30, 2017 and $5,579 at April 30, 2016) 6,482 7,447
Total other assets 7,407 8,551
Total assets 42,778 42,697
CURRENT LIABILITIES:    
Promissory notes 2,604 3,988
Current maturities of long-term debt 2,297 2,464
Accounts payable 1,919 2,018
Customer deposits 892 258
Gaming facility mandated payment 1,227 1,206
Compensation and compensated absences 1,478 1,322
Income tax payable 589
Other current liabilities 129 125
Total current liabilities 11,135 11,381
LONG-TERM DEBT, NET OF CURRENT MATURITIES: 3,347 5,218
Total liabilities 14,482 16,599
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, par value $.01: authorized 100,000,000 shares issued 65,273,896 shares, and outstanding 64,543,550 shares at April 30, 2017 and issued 64,066,873 shares, and outstanding 63,466,873 shares at April 30, 2016 652 640
Capital contributed in excess of par 13,980 13,716
Treasury stock at cost, 730,346 shares at April 30, 2017 and 600,000 shares at April 30, 2016 (764) (732)
Retained earnings 9,719 8,185
Total Butler National Corporation's stockholders' equity 23,587 21,809
Noncontrolling interest in BHCMC, LLC 4,709 4,289
Total stockholders' equity 28,296 26,098
Total liabilities and stockholders' equity 42,778 42,697
Preferred Class A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock
Preferred Class B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock