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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
REVENUE:        
Revenues from customers $ 19,093 $ 15,972 $ 37,237 $ 28,961
COSTS AND EXPENSES:        
Marketing and advertising 1,267 893 2,471 1,845
Employee benefits 546 566 1,121 1,151
Depreciation and amortization 705 1,075 1,407 2,118
General, administrative and other 2,028 1,646 3,956 3,416
Total costs and expenses 14,350 14,285 28,472 27,146
OPERATING INCOME 4,743 1,687 8,765 1,815
OTHER INCOME (EXPENSE):        
Interest expense (640) (1,065) (1,254) (1,653)
Gain on sale of airplane 75 0 75 0
Total other income (expense) (565) (1,065) 822 (1,653)
INCOME BEFORE INCOME TAXES 4,178 622 9,587 162
Forgiveness of debt     2,001 0
PROVISION FOR INCOME TAXES        
Provision for income taxes 794 120 1,425 114
Deferred income tax 234 0 234 0
NET INCOME 3,150 502 7,928 48
Net income attributable to former noncontrolling interest in BHCMC, LLC 0 (181) (1,872) 258
NET INCOME ATTRIBUTABLE TO BUTLER NATIONAL CORPORATION $ 3,150 $ 321 $ 6,056 $ 306
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.04 $ 0.00 $ 0.08 $ 0.00
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 75,364,083 74,130,934 75,365,416 74,258,559
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 0.04 $ 0.00 $ 0.08 $ 0.00
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 75,364,083 74,130,934 75,365,416 74,258,559
Professional Services [Member]        
REVENUE:        
Revenues from customers $ 9,676 $ 7,648 $ 19,401 $ 13,001
COSTS AND EXPENSES:        
Cost of services and products 3,877 3,418 7,578 6,828
Aerospace Products [Member]        
REVENUE:        
Revenues from customers 9,417 8,324 17,836 15,960
COSTS AND EXPENSES:        
Cost of services and products $ 5,927 $ 6,687 $ 11,939 $ 11,788