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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 30, 2018
Apr. 30, 2018
CURRENT ASSETS:    
Cash $ 7,545 $ 7,353
Accounts receivable 3,225 3,107
Income tax receivable, net 31 219
Inventories    
Parts and raw materials 6,262 5,858
Work in process 1,222 1,234
Finished goods 26 27
Total inventory, net of allowance 7,510 7,119
Prepaid expenses and other current assets 1,440 978
Total current assets 19,751 18,776
PROPERTY, PLANT AND EQUIPMENT:    
Land and building 5,232 5,232
Aircraft 6,157 6,157
Machinery and equipment 3,942 3,922
Office furniture and fixtures 6,724 6,658
Leasehold improvements 4,032 4,032
26,087 26,001
Accumulated depreciation (15,983) (15,725)
Total property, plant and equipment 10,104 10,276
SUPPLEMENTAL TYPE CERTIFICATES (net of accumulated amortization of $5,384 at July 31, 2018 and $5,164 at April 30, 2018) 6,518 6,597
OTHER ASSETS:    
Deferred tax asset 193 193
Other assets (net of accumulated amortization of $8,485 at July 31, 2018 and $8,213 at April 30, 2018) 5,317 5,589
Total other assets 5,510 5,782
Total assets 41,883 41,431
CURRENT LIABILITIES:    
Promissory notes 1,676 2,387
Current maturities of long-term debt 1,555 1,612
Accounts payable 1,927 2,215
Customer deposits 2,736 1,396
Gaming facility mandated payment 937 1,219
Compensation and compensated absences 1,258 1,439
Other current liabilities 223 162
Total current liabilities 10,312 10,430
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,389 1,735
Total liabilities 11,701 12,165
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, par value $.01: authorized 100,000,000 shares issued 66,196,854 and outstanding 64,718,040 shares at July 31, 2018 and issued 66,196,854 and outstanding 64,743,317 shares at April 30, 2018 662 662
Capital contributed in excess of par 14,231 14,231
Treasury stock at cost, 1,478,814 shares at July 31, 2018 and 1,453,537 shares at April 30, 2018 (957) (951)
Retained earnings 10,569 10,060
Total stockholders' equity Butler National Corporation 24,505 24,002
Noncontrolling interest in BHCMC, LLC 5,677 5,264
Total stockholders' equity 30,182 29,266
Total liabilities and stockholders' equity 41,883 41,431
Preferred Class A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock
Preferred Class B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock