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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 12,551 $ 12,512
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,744 6,068
Stock awarded to director 61 222
Deferred income tax expense (benefit) (157) (446)
Gain on sale of airplanes (248) (4,169)
Gain on sale of land and buildings (274) (1,490)
Gain on sale of product line (1,040) 0
Supplemental type certificates work in progress adjustment 529 0
Deferred compensation, restricted stock 320 (15)
Changes in operating assets and liabilities:    
Accounts receivable (91) (1,983)
Inventory (1,402) (1,047)
Contract asset 819 (1,919)
Prepaid expenses and other assets (77) 1,838
Accounts payable 3,332 (29)
Contract liability (392) (109)
Lease liability 220 186
Accrued liabilities 731 (4,790)
Gaming facility mandated payment (158) 116
Income tax payable (3,373) 2,614
Other liabilities 309 (21)
Net cash provided by operating activities 18,404 7,538
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (8,259) (8,740)
Proceeds from sale of airplanes 294 4,904
Proceeds from sale of land and buildings 1,050 2,710
Proceeds from sale of product line 1,500 0
Net cash used in investing activities (5,415) (1,126)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of long-term debt 2,016 0
Repayments of long-term debt (5,042) (5,295)
Payments on right-to-use liability (268) (263)
Repurchase of common stock (2,261) (5,059)
Net cash used in financing activities (5,555) (10,617)
NET INCREASE (DECREASE) IN CASH 7,434 (4,205)
CASH, beginning of year 17,792 21,997
CASH, end of year 25,226 17,792
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid 2,201 2,454
Income taxes paid 7,697 2,075
NON CASH INVESTING AND FINANCING ACTIVITY:    
Lease right-to-use assets purchased 672 0
Lease liability for purchase of assets under lease $ 672 $ 0