XML 19 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Cash Flows from Operating Activities:    
Net income $ 1,219 $ 872
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 91 36
Depreciation 359 402
Amortization 217 223
Provision for doubtful accounts 23 125
Loss on disposal of equipment 6 13
Deferred taxes (1) (91)
Changes in operating assets and liabilities:    
Accounts receivable 147 (344)
Inventories (60) 163
Income tax refund claims receivable (13) 486
Accounts payable (423) (477)
Accrued expenses (308) 407
Income taxes payable (46) 51
Other, net 14 20
Net cash provided by operating activities 1,225 1,886
Cash Flows from Investing Activities:    
Purchases of property and equipment (267) (43)
Net cash (used in) investing activities (267) (43)
Cash Flows from Financing Activities:    
Proceeds from exercise of stock options 77 2
Principal payments on long-term debt (159) (128)
Principal payments on notes payable to bank (1,200) (1,750)
Net cash (used in) financing activities (1,282) (1,876)
Net (decrease) in cash (324) (33)
Cash at beginning of year 460 493
Cash at end of year 136 460
Supplemental Disclosures of Cash Flow Information:    
Cash paid during the period for interest 166 292
Cash paid during the period for income taxes $ 792 $ 16