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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2019
Apr. 30, 2018
CURRENT ASSETS:    
Cash $ 8,803 $ 7,353
Accounts receivable 3,775 3,107
Income tax receivable, net 219
Inventories    
Parts and raw materials 6,766 5,858
Work in process 1,824 1,234
Finished goods 73 27
Total inventory net of allowances 8,663 7,119
Prepaid expenses and other current assets 1,407 978
Total current assets 22,648 18,776
PROPERTY, PLANT AND EQUIPMENT:    
Land and building 6,917 5,232
Aircraft 6,157 6,157
Machinery and equipment 4,001 3,922
Office furniture and fixtures 7,365 6,658
Leasehold improvements 4,032 4,032
28,472 26,001
Accumulated depreciation (16,485) (15,725)
Total property, plant and equipment 11,987 10,276
SUPPLEMENTAL TYPE CERTIFICATES (net of accumulated amortization of $5,808 at January 31, 2019 and $5,164 at April 30, 2018) 6,510 6,597
OTHER ASSETS:    
Deferred tax asset 193 193
Other assets (net of accumulated amortization of $9,136 at January 31, 2019 and $8,213 at April 30, 2018) 4,788 5,589
Total other assets 4,981 5,782
Total assets 46,126 41,431
CURRENT LIABILITIES:    
Promissory notes 2,387
Current maturities of long-term debt 1,441 1,612
Less current maturities of capital lease obligation 8
Accounts payable 1,695 2,215
Customer deposits 3,260 1,396
Gaming facility mandated payment 975 1,219
Compensation and compensated absences 1,695 1,439
Income taxes payable 996
Other current liabilities 310 162
Total current liabilities 10,380 10,430
Long-term debt, net of current maturities 686 1,735
Long-term capital lease obligation 1,691
Total long-term liabilities 2,377 1,735
Total liabilities 12,757 12,165
STOCKHOLDERS' EQUITY:    
Common stock, par value $.01: authorized 100,000,000 shares issued 66,196,854 and outstanding 64,050,508 shares at January 31, 2019 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, 2,146,346 shares at January 31, 2019 and 1,453,537 shares at April 30, 2018 (1,165) (951)
Retained earnings 13,630 10,060
Total stockholders' equity Butler National Corporation 27,358 24,002
Noncontrolling interest in BHCMC, LLC 6,011 5,264
Total stockholders' equity 33,369 29,266
Total liabilities and stockholders' equity 46,126 41,431
Preferred Class A [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock
Preferred Class B [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock