XML 21 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Cash flows from operating activities:    
Net earnings (loss) $ (364,000) $ 15,000
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Stock compensation cost amortized 54,000 11,000
Depreciation 149,000 130,000
Deferred income taxes (226,000) 12,000
Increase (decrease) in cash flows from operations resulting from changes in:    
Trade receivables (115,000) 560,000
Inventories (202,000) (525,000)
Prepaid expenses and other assets 54,000 (88,000)
Trade accounts payable (201,000) 28,000
Accrued liabilities 200,000 (240,000)
Customer deposits (22,000) (11,000)
Net cash provided by operating activities (673,000) (108,000)
Cash flows from investing activities:    
Capital expenditures (51,000) (275,000)
Net cash used in investing activities (51,000) (275,000)
Cash flows from financing activities:    
Principal payments on long-term debt (66,000) (44,000)
Proceeds from line of credit 750,000  
Payments on capital lease obligations (11,000)  
Net cash provided by (used in) financing activities 673,000 (44,000)
Net decrease in cash (51,000) (427,000)
Cash, beginning of period 298,000 1,846,000
Cash, end of period 247,000 1,419,000
Cash paid during the year for:    
Interest 25,000 11,000
Income taxes   $ 87,000
Non-cash investing and financing activities:    
Equipment financed with proceeds from capital lease $ 225,000