XML 36 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 7 - Pledged Assets, Notes Payable and Long-Term Debt (Tables)
9 Months Ended
Jan. 31, 2013
Schedule of Long-term Debt Instruments [Table Text Block]
   
January 31, 2013
   
April 30, 2012
 
Industrial Revenue Bonds, Series 2006A, 5-year adjustable interest rate based on the yield on 5-year United States Treasury Notes, plus .45% (1.89% as of January 31, 2013), due in monthly principal and interest payments beginning October 1, 2006 through maturity  on September 1, 2026, secured by real estate.  Effective September 1, 2011, the 5-year adjustable interest rate was reset to 1.89% for the next five years.
  $ 2,849     $ 2,985  
                 
Operating line of credit, $6,000,000 limit on borrowing capacity, prime rate (3.25% at October 31, 2012) plus/minus 0.5% performance based interest, due in full on October 30, 2014, secured by accounts receivable and inventory.  The interest rate as of January 31, 2013 was 2.75%
    --       750  
      2,849       3,735  
Less current maturities
    184       181  
Total long-term debt
  $ 2,665     $ 3,554  
Schedule of Maturities of Long-term Debt [Table Text Block]
Year
 
Amount
 
2013 (remaining)
  $ 46  
2014
    185  
2015
    188  
2016
    192  
2017
    196  
Thereafter
    2,042  
    $ 2,849