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Consolidated Balance Sheets (USD $)
Jul. 31, 2014
Apr. 30, 2014
Current assets:    
Cash $ 2,454,303 $ 5,440,319
Accounts receivable, less allowance for doubtful accounts of $150,000 at July 31, 2014 and April 30, 2014 19,793,046 19,293,791
Inventories, net 57,545,337 53,728,377
Prepaid expenses and other assets 1,896,509 1,826,254
Refundable income taxes 385,115  
Deferred income taxes 2,539,214 2,524,993
Other receivables 452,936 356,746
Total current assets 85,066,460 83,170,480
Property, machinery and equipment, net 33,629,990 32,692,908
Intangible assets, net of amortization of $3,410,760 and $3,309,246 at July 31, 2014 and April 30, 2014 5,501,240 5,602,754
Goodwill 3,222,899 3,222,899
Other assets 1,003,384 790,390
Total other long-term assets 9,727,523 9,616,043
Total assets 128,423,973 125,479,431
Current liabilities:    
Trade accounts payable 30,975,751 27,141,079
Accrued wages 3,261,062 4,027,029
Accrued expenses 2,708,577 2,526,045
Income taxes payable   80,936
Current portion of long-term debt 2,101,018 2,126,017
Current portion of capital lease obligations 791,738 765,961
Current portion of contingent consideration 275,288 331,429
Total current liabilities 40,113,434 36,998,496
Long-term debt, less current portion 24,107,204 24,198,500
Capital lease obligations, less current portion 2,314,888 2,423,001
Contingent consideration, less current portion 1,418,697 1,533,571
Other long-term liabilities 552,046 525,739
Deferred rent 1,191,274 1,176,121
Deferred income taxes 3,217,660 3,217,660
Total long-term liabilities 32,801,769 33,074,592
Total liabilities 72,915,203 70,073,088
Commitments and contingencies:      
Stockholders' equity:    
Preferred stock, $.01 par value; 500,000 shares authorized, none issued or outstanding      
Common stock, $.01 par value; 12,000,000 shares authorized, 4,040,807 and 4,012,319 shares issued and outstanding at July 31, 2014 and April 30, 2014 40,441 40,215
Capital in excess of par value 20,949,888 20,864,497
Retained earnings 34,518,441 34,501,631
Total stockholders' equity 55,508,770 55,406,343
Total liabilities and stockholders' equity $ 128,423,973 $ 125,479,431