XML 12 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2016
Apr. 30, 2016
Current assets:    
Cash and cash equivalents $ 4,105 $ 6,082
Marketable securities 10,285 11,111
Accounts receivable, net of allowance for doubtful accounts of $187 at October 31, 2016 and $189 at April 30, 2016 9,227 9,000
Costs and estimated earnings in excess of billings, net 10,710 12,377
Inventories, net 41,770 41,278
Deferred and prepaid income taxes 4,526 3,213
Prepaid expenses and other 1,185 1,250
Total current assets 81,808 84,311
Property, plant and equipment, at cost, net of accumulated depreciation and amortization 14,112 13,072
Deferred income taxes 6,928 7,702
Goodwill and other intangible assets 617 617
Cash surrender value of life insurance and cash held in trust 13,137 12,819
Other assets 1,677 1,693
Total assets 118,279 120,214
Current liabilities:    
Accounts payable - trade 2,352 2,650
Accrued liabilities 4,027 6,108
Short term debt 280 0
Total current liabilities 6,659 8,758
Long term debt- noncurrent 6,000 6,000
Deferred compensation 12,224 11,773
Deferred rent and other liabilities 657 331
Total liabilities 25,540 26,862
Commitments and contingencies
Stockholders’ equity:    
Preferred stock - $1.00 par value; authorized 600 shares, no shares issued
Common stock - $1.00 par value; authorized 20,000 shares, 9,164 shares issued and 8,794 outstanding at October 31, 2016; 8,753 outstanding at April 30, 2016 9,164 9,164
Additional paid-in capital 56,017 55,576
Retained earnings 26,803 28,533
91,984 93,273
Common stock reacquired and held in treasury - at cost (370 shares at October 31, 2016 and 411 shares at April 30, 2016) (1,696) (1,885)
Accumulated other comprehensive income 2,451 1,964
Total stockholders’ equity 92,739 93,352
Total liabilities and stockholders’ equity $ 118,279 $ 120,214