XML 40 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
3 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities:    
Net earnings $ 61,000 $ (115,000)
Adjustments to reconcile net earnings to net cash used in operating activities:    
Stock compensation cost amortized 8,000 4,000
Depreciation 93,000 82,000
Deferred income taxes 46,000 (72,000)
Termination and payout of stock appreciation rights   (250,000)
Increase (decrease) in cash flows from operations resulting from changes in:    
Trade receivables (216,000) 236,000
Inventories (212,000) (309,000)
Prepaid expenses and other assets (55,000) (64,000)
Trade accounts payable 124,000 142,000
Accrued liabilities (111,000) (215,000)
Customer deposits 19,000 (38,000)
Net cash used in operating activities (243,000) (599,000)
Cash flows from investing activities:    
Capital expenditures (178,000) (159,000)
Net cash used in investing activities (178,000) (159,000)
Cash flows from financing activities:    
Principal payments on long-term debt (44,000) (34,000)
Proceeds from long-term debt   100,000
Payments on capital lease obligations   (2,000)
Net cash provided by (used in) financing activities (44,000) 64,000
Net decrease in cash (465,000) (694,000)
Cash, beginning of period 1,892,000 2,038,000
Cash, end of period 1,427,000 1,344,000
Cash paid during the year for:    
Interest 6,000 7,000
Income taxes $ 22,000 $ 19,000