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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
REVENUE:        
Revenues from customers $ 19,326 $ 18,649 $ 34,629 $ 36,393
COSTS AND EXPENSES:        
Marketing and advertising 1,368 1,246 2,699 2,426
Employee benefits 636 546 1,249 1,121
Depreciation and amortization 756 705 1,527 1,407
General, administrative and other 2,230 2,028 4,743 3,956
Total costs and expenses 15,324 13,906 29,002 27,628
OPERATING INCOME 4,002 4,743 5,627 8,765
OTHER INCOME (EXPENSE):        
Interest expense (707) (640) (1,430) (1,254)
Gain on sale of airplane 0 75 0 75
Total other income (expense) (707) (565) (1,361) 822
INCOME BEFORE INCOME TAXES 3,295 4,178 4,266 9,587
Forgiveness of debt     0 (2,001)
Gain on sale of building     69 0
PROVISION FOR INCOME TAXES        
Provision for income taxes 612 794 872 1,425
Deferred income tax 0 234 280 234
NET INCOME $ 2,683 $ 3,150 $ 3,114 $ 7,928
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.03 $ 0.04 $ 0.04 $ 0.08
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 76,781,461 75,364,083 76,618,873 75,365,416
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 0.03 $ 0.04 $ 0.04 $ 0.08
WEIGHTED AVERAGE SHARES USED IN PER SHARE CALCULATION (in shares) 76,781,461 75,364,083 76,618,873 75,365,416
Net income attributable to noncontrolling interest in BHCMC, LLC     $ 0 $ (1,872)
NET INCOME ATTRIBUTABLE TO BUTLER NATIONAL CORPORATION     3,114 6,056
Professional Services [Member]        
REVENUE:        
Revenues from customers $ 9,745 $ 9,232 18,707 18,557
COSTS AND EXPENSES:        
Cost of services and products 3,752 3,454 7,375 6,779
Aerospace Products [Member]        
REVENUE:        
Revenues from customers 9,581 9,417 15,922 17,836
COSTS AND EXPENSES:        
Cost of services and products $ 6,582 $ 5,927 $ 11,409 $ 11,939