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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2020
Apr. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,246 $ 5,650
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 6,357 3,376
Stock issued for benefit plan 676 584
Deferred income tax (benefit) (260) 1,078
Gain on sale of airplanes (642)
Deferred compensation, restricted stock 224 0
Changes in operating assets and liabilities    
Accounts receivable 481 (158)
Income tax receivable 27 192
Inventories 270 (1,766)
Prepaid expenses and other assets 26 (668)
Accounts payable (812) (441)
Customer deposits (764) 1,362
Accrued liabilities 907 225
Gaming facility mandated payment 58 61
Income tax payable 206
Other liabilities 44 68
Net cash provided by operating activities 10,044 9,563
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (3,165) (4,985)
Proceeds from sale of airplanes 1,095
Net cash used in investing activities (2,070) (4,985)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments of promissory notes, net (2,387)
Borrowings of long-term debt 3,383 2,325
Repayments of long-term debt (1,919) (1,699)
Reduction of finance lease liability (973)
Repurchase of common stock (326) (436)
Distribution to noncontrolling member (360) (720)
Net cash used in financing activities (195) (2,917)
NET INCREASE IN CASH 7,779 1,661
CASH, beginning of year 9,014 7,353
CASH, end of year 16,793 9,014
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 4,365 251
Income taxes paid 1,360 105
NON CASH INVESTING AND FINANCING ACTIVITY    
Issuance of restricted stock to employees 2,040 950
Capital asset and lease obligation additions 42,650 1,699
Non-cash Investing and Financing Activities, Total $ 44,690 $ 2,649