XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 17,469 $ 19,521
Accounts receivable, net of allowance for credit losses of $137 on July 31, 2022 and $129 on April 30, 2022 23,920 28,879
Inventories 120,638 121,683
Prepaid expenses and other current assets 10,754 8,491
Income tax receivable 1,072 1,231
Total current assets 173,853 179,805
Property, plant, and equipment, net 10,357 10,621
Intangible assets, net 60,673 63,194
Right-of-use assets 25,417 23,884
Other assets 369 336
Total assets 270,669 277,840
Current liabilities:    
Accounts payable 13,495 13,563
Accrued expenses 9,634 7,853
Accrued payroll and incentives 2,983 2,788
Lease liabilities, current 1,618 1,803
Accrued profit sharing 820 998
Total current liabilities 28,550 27,005
Notes and loans payable, net of current portion 19,551 24,697
Lease liabilities, net of current portion 24,739 23,076
Other non-current liabilities 31 31
Total liabilities 72,871 74,809
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized, 14,291,791 shares issued and 13,454,827 shares outstanding on July 31, 2022 and 14,240,290 shares issued and 19,403,326 outstanding on April 30, 2022 14 14
Additional paid in capital 268,855 268,393
Retained earnings (56,046) (50,351)
Treasury stock, at cost (836,964 shares on July 31, 2022 and April 30, 2022) (15,025) (15,025)
Total equity 197,798 203,031
Total liabilities and equity $ 270,669 $ 277,840