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Consolidated Statements Of Cash Flows (USD $)
9 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Operating activities:    
Net income $ 2,495,912 $ 172,914
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 3,602,726 3,279,940
Stock-based compensation 73,115 157,142
Restricted stock expense 32,016 60,625
Deferred income taxes (999,167) 11,024
Amortization of intangibles 260,202 206,453
Loss from disposal or sale of machinery and equipment 29,725 378
Tender offer - stock options 300,410  
Changes in operating assets and liabilities, net of assets and liabilities acquired    
Accounts receivable (254,141) (2,781,759)
Inventories (5,547,737) (2,616,116)
Prepaid expenses and other assets 782,749 (793,009)
Refundable Income taxes 228,026 (688,950)
Trade accounts payable (1,191,187) 2,003,224
Deferred rent 62,005 336,968
Accrued expenses and wages (942,481) (269,967)
Income taxes payable 127,433  
Net cash used in operating activities (940,394) (921,133)
Investing activities:    
Purchases of machinery and equipment (7,857,691) (4,808,626)
Cash received in conjunction with acquisition   1,142,597
Net cash used in investing activities (7,857,691) (3,666,029)
Financing activities:    
Proceeds from the issuance of common stock 65,158  
Payment of tendered stock options (300,410)  
Proceeds under sale lease back agreement 2,281,354  
Payments under capital lease obligations (404,848) (238,651)
Payments under notes payable agreements   (26,832)
Net proceeds under lines of credit 5,153,281 4,450,869
Proceeds from issuance of notes payable 1,275,000  
Net cash provided by financing activities 8,069,535 4,185,386
Change in cash (728,550) (401,776)
Cash at beginning of period 4,607,731 4,668,931
Cash at end of period 3,879,181 4,267,155
Supplementary disclosures of cash flow information    
Cash paid for interest 639,629 594,405
Cash paid for income taxes 4,200 24,310
Cash refunded for income taxes 212,436  
Purchase of machinery and equipment financed under capital leases 2,281,354  
Non-Cash Transaction - Acquisition of Spitfire Control, Inc.    
SigmaTron International, Inc. A/R trade forgiven   15,312,904
SigmaTron International, Inc. foreign A/R trade forgiven   1,142,392
Contingent consideration   2,320,000
Issuance of restricted stock   169,011
Total Cost of Acquisition   $ 18,944,307