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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2015
Apr. 30, 2015
Current assets:    
Cash $ 4,577,202 $ 2,868,217
Accounts receivable, less allowance for doubtful accounts of $100,000 and $186,844 at October 31, 2015 and April 30, 2015, respectively 22,382,064 20,170,723
Inventories, net 67,356,773 68,669,709
Prepaid expenses and other assets 2,564,091 2,103,367
Deferred income taxes 2,278,870 2,179,178
Other receivables 274,085 486,085
Total current assets 99,433,085 96,477,279
Property, machinery and equipment, net 33,022,722 33,864,527
Intangible assets, net of amortization of $3,971,725 and $3,737,856 at October 31, 2015 and April 30, 2015, respectively 4,940,275 5,174,144
Goodwill 3,222,899 3,222,899
Other assets 1,102,786 1,319,901
Total other long-term assets 9,265,960 9,716,944
Total assets 141,721,767 140,058,750
Current liabilities:    
Trade accounts payable 39,561,595 35,838,275
Accrued wages 4,425,841 3,644,442
Accrued expenses 2,626,838 2,089,053
Income taxes payable 467,221 302
Current portion of long-term debt 165,000 165,000
Current portion of capital lease obligations 1,359,006 1,245,632
Current portion of contingent consideration 275,288 275,288
Current portion of deferred rent 171,330 150,594
Total current liabilities 49,052,119 43,408,586
Long-term debt, less current portion 24,753,500 31,252,793
Capital lease obligations, less current portion 3,360,595 3,401,913
Contingent consideration, less current portion 1,082,120 1,223,697
Deferred rent, less current portion 899,420 999,929
Other long-term liabilities 602,505 536,209
Deferred income taxes 2,487,759 2,550,236
Total long-term liabilities 33,185,899 39,964,777
Total liabilities $ 82,238,018 $ 83,373,363
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, 4,169,617 and 4,075,785 shares issued and outstanding at October 31, 2015 and April 30, 2015, respectively $ 41,517 $ 40,703
Capital in excess of par value 22,222,085 21,239,641
Retained earnings 37,220,147 35,405,043
Total stockholders' equity 59,483,749 56,685,387
Total liabilities and stockholders' equity $ 141,721,767 $ 140,058,750