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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2019
Oct. 31, 2018
REVENUE:        
Revenues $ 19,437 $ 15,297 $ 36,453 $ 28,701
COSTS AND EXPENSES:        
Marketing and advertising 1,035 1,060 2,139 2,035
Employee benefits 526 481 1,073 987
Depreciation and amortization 1,276 395 2,515 783
General, administrative and other 1,804 2,286 3,590 3,979
Total costs and expenses 15,210 13,479 28,705 25,983
OPERATING INCOME 4,227 1,818 7,748 2,718
OTHER INCOME (EXPENSE):        
Interest expense (1,087) (55) (2,184) (124)
Refund of sales/use tax 1,330 1,610
Total other income (expense) (1,087) 1,275 (1,655) 1,486
INCOME BEFORE INCOME TAXES 3,140 3,093 6,093 4,204
Gain on sale of airplane     529
PROVISION FOR INCOME TAXES        
Provision for income taxes 825 637 1,587 825
NET INCOME 2,315 2,456 4,506 3,379
Net income attributable to noncontrolling interest in BHCMC, LLC (85) (735) (215) (1,149)
NET INCOME ATTRIBUTABLE TO BUTLER NATIONAL CORPORATION $ 2,230 $ 1,721 $ 4,291 $ 2,230
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.03 $ 0.03 $ 0.06 $ 0.03
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 68,104,433 63,820,359 68,233,900 64,260,774
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 0.03 $ 0.03 $ 0.06 $ 0.03
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 68,104,433 63,820,359 68,233,900 64,260,774
Professional Services [Member]        
REVENUE:        
Revenues $ 8,107 $ 7,858 $ 16,223 $ 15,806
COSTS AND EXPENSES:        
Cost of services and products 4,006 4,926 7,856 9,738
Aerospace Products [Member]        
REVENUE:        
Revenues 11,330 7,439 20,230 12,895
COSTS AND EXPENSES:        
Cost of services and products $ 6,563 $ 4,331 $ 11,532 $ 8,461