XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
REVENUE:        
Revenues $ 14,292 $ 11,010 $ 42,993 $ 33,816
COSTS AND EXPENSES:        
Marketing and advertising 1,021 920 3,056 2,729
Employee benefits 532 480 1,518 1,416
Depreciation and amortization 415 362 1,198 1,344
General, administrative and other 1,873 1,426 5,852 4,112
Total costs and expenses 12,479 10,571 38,461 32,414
OPERATING INCOME 1,813 439 4,532 1,402
OTHER INCOME (EXPENSE):        
Interest expense (44) (83) (169) (250)
Other income, net 1 1
Refund of sales/use tax 385 1,995
Total other income (expense) 341 (82) 1,826 (249)
INCOME BEFORE INCOME TAXES 2,154 357 6,358 1,153
INCOME TAXES:        
Provision for income taxes 495 10 1,320 191
NET INCOME 1,659 347 5,038 962
Net income attributable to noncontrolling interest in BHCMC, LLC (319) (327) (1,468) (620)
NET INCOME ATTRIBUTABLE TO BUTLER NATIONAL CORPORATION $ 1,340 $ 20 $ 3,570 $ 342
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.02 $ 0 $ 0.06 $ 0.01
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 63,976,255 64,506,986 64,356,380 64,531,138
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 0.02 $ 0 $ 0.06 $ 0.01
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 63,976,255 64,506,986 64,356,380 64,531,138
Professional Services [Member]        
REVENUE:        
Revenues $ 7,617 $ 7,559 $ 23,423 $ 22,340
COSTS AND EXPENSES:        
Cost of services and products 4,996 4,747 14,735 14,344
Aerospace Products [Member]        
REVENUE:        
Revenues 6,675 3,451 19,570 11,476
COSTS AND EXPENSES:        
Cost of services and products $ 3,642 $ 2,636 $ 12,102 $ 8,469