SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Apr. 30, 2014

SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]

SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

13. SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

The following table sets forth selected unaudited financial information for each quarter of fiscal 2014, 2013, and 2012 (in thousands, except per share amounts).

2014	First		Second		Third		Fourth		Total
Revenues	$	10,996	$	10,799	$	10,844	$	14,632	$	47,271
Operating income (loss)		143		(198)		18		1,958		1,921
Non-operating income (expense)		(352)		(360)		(346)		(316)		(1,374)
Net income (loss) attributable to Butler National Corporation		(289)		(345)		(219)		965		112
Basic earnings (loss) per share*		.00		(.01)		.00		.02		.00
Diluted earnings (loss) per share*		.00		(.01)		(.01)		.02		.00
*Rounded to nearest hundredth
2013	First		Second		Third		Fourth		Total
Revenues	$	13,023	$	13,152	$	10,651	$	12,326	$	49,152
Operating income (loss)		1,285		700		(520)		38		1,503
Non-operating income (expense)		(337)		(331)		(417)		(425)		(1,510)
Net income (loss) attributable to Butler National Corporation		268		114		(755)		225		(148)
Basic earnings (loss) per share*		.00		.00		(.01)		.00		.00
Diluted earnings (loss) per share*		.00		.00		(.01)		.00		.00
*Rounded to nearest hundredth
2012	First		Second		Third		Fourth		Total
Revenues	$	11,747	$	13,725	$	13,309	$	13,938	$	52,719
Operating income (loss)		674		1,380		1,568		1,864		5,486
Non-operating income (expense)		(86)		(92)		(179)		(390)		(747)
Net income (loss) attributable to Butler National Corporation		108		459		568		765		1,900
Basic earnings (loss) per share*		.00		.01		.01		.01		.03
Diluted earnings (loss) per share*		.00		.01		.01		.01		.03
*Rounded to nearest hundredth

The individual quarter and fiscal year earnings per share are presented as shown in our quarterly and annual filings with the Securities and Exchange Commission. These numbers are rounded up to the nearest tenth.