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Consolidated Balance Sheets (USD $)
Apr. 30, 2012
Apr. 30, 2011
Cash $ 308,000 $ 490,000
Trade receivables, net 1,408,000 2,208,000
Inventories, net 1,229,000 1,401,000
Prepaid expenses and other current assets 71,000 55,000
Deferred Tax Assets, Net of Valuation Allowance, Current 116,000 250,000
Assets, Current 3,132,000 4,404,000
Land 265,000 265,000
Buildings and improvements 968,000 919,000
Equipment 2,179,000 1,675,000
Property, Plant and Equipment, Gross 3,412,000 2,859,000
Less accumulated depreciation 1,826,000 1,520,000
Property, Plant and Equipment, Net 1,586,000 1,339,000
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent 492,000 358,000
Other assets 56,000 21,000
Total Assets 5,266,000 6,122,000
Current maturities of long-term debt 150,000 125,000
Trade accounts payable 658,000 630,000
Accrued liabilities 281,000 336,000
Accrued income taxes 0 8,000
Customer deposits 206,000 826,000
Liabilities, Current 1,295,000 1,925,000
Long-term debt, less current maturities 795,000 899,000
Commitments and Contingencies      
Common stock, at par value 60,000 60,000
Capital in excess of par value 12,319,000 12,425,000
Accumulated deficit (9,184,000) (9,168,000)
Treasury stock, at cost (19,000) (19,000)
Stockholders' Equity Attributable to Parent 3,176,000 3,298,000
Total Liabilities and Stockholders' Equity $ 5,266,000 $ 6,122,000