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NOTE J - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Details) - Schedule of New Accounting Pronouncements and Changes in Accounting Principles - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2018
Jul. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
May 01, 2018
Apr. 30, 2018
ASSETS              
Costs and estimated earnings in excess of billings, net $ 7,047     $ 7,047     $ 5,094
Inventories, net 25,648     25,648     26,186
Prepaid expenses and other 1,001     1,001     1,050
Total current assets 51,680     51,680     52,075
Other assets 3,628     3,628     2,850
Total assets 83,662     83,662     83,584
LIABILITIES AND STOCKHOLDERS’ EQUITY              
Accrued liabilities 3,179     3,179     3,416
Total current liabilities 4,252     4,252     5,257
Deferred rent and other liabilities 1,479     1,479     1,524
Total liabilities 19,438     19,438     20,322
Accumulated deficit 572     572     (65)
Total stockholders’ equity 64,224 $ 63,970   64,224   $ 63,746 63,262
Total liabilities and stockholders’ equity 83,662     83,662     83,584
Revenues 12,142   $ 9,337 23,153 $ 21,360    
Cost of revenues 8,123   7,134 14,860 14,636    
Gross profit 4,019   2,203 8,293 6,724    
Selling and administrative expenses 2,642   2,335 5,182 5,046    
Operating profit (loss) (230)   (1,866) (146) (1,686)    
Income (loss) before provision for income taxes 92     130      
Net income (loss) 122 $ 31 $ (1,481) 153 $ (867)    
Accounting Standards Update 2014-09 [Member]              
ASSETS              
Costs and estimated earnings in excess of billings, net [1] 3,487     3,487     1,435
Inventories, net [2] (1,994)     (1,994)     (929)
Prepaid expenses and other [3] 46     46     77
Total current assets 1,539     1,539     583
Other assets [4] 5     5     10
Total assets 1,544     1,544     593
LIABILITIES AND STOCKHOLDERS’ EQUITY              
Accrued liabilities [5] 61     61     97
Total current liabilities 61     61     97
Deferred rent and other liabilities [6] 12     12     12
Total liabilities 73     73     109
Accumulated deficit [7] 1,471     1,471     484
Total stockholders’ equity 1,471     1,471     484
Total liabilities and stockholders’ equity 1,544     1,544     593
Revenues 1,242     2,052      
Cost of revenues 838     1,065      
Gross profit 403     989      
Selling and administrative expenses [1] (9)     0      
Operating profit (loss) 413     988      
Income (loss) before provision for income taxes 413     988      
Net income (loss) 413     988      
Balances Without Adoption [Member]              
ASSETS              
Costs and estimated earnings in excess of billings, net 3,560     3,560     6,529
Inventories, net 27,642     27,642     25,257
Prepaid expenses and other 955     955     1,127
Total current assets 50,141     50,141     52,658
Other assets 3,623     3,623     2,860
Total assets 82,118     82,118     84,177
LIABILITIES AND STOCKHOLDERS’ EQUITY              
Accrued liabilities 3,118     3,118     3,513
Total current liabilities 4,191     4,191     5,354
Deferred rent and other liabilities 1,467     1,467     1,536
Total liabilities 19,365     19,365     20,431
Accumulated deficit (899)     (899)     419
Total stockholders’ equity 62,753     62,753     63,746
Total liabilities and stockholders’ equity 82,118     82,118     $ 84,177
Revenues 10,900     21,101      
Cost of revenues 7,285     13,795      
Gross profit 3,616     7,304      
Selling and administrative expenses 2,651     5,182      
Operating profit (loss) (643)     (1,134)      
Income (loss) before provision for income taxes (321)     (858)      
Net income (loss) $ (291)     $ (835)      
[1] Adjustment to unbilled accounts receivable for additional revenue recognized for which amounts have not been invoiced due to adoption of Topic 606
[2] Adjustment for additional allocated inventory costs related to additional revenue recognized due to adoption of Topic 606
[3] Adjustment for short-term capitalization of sales commissions, net of amortized amounts, due to adoption of ASC 340-40
[4] Adjustment for long-term capitalization of sales commissions, net of amortized amounts, due to adoption of ASC 340-40
[5] Adjustment to record short-term liability of sales commissions, net of amounts paid, due to adoption of ASC 340-40
[6] Adjustment to record long-term liability of sales commissions, net of amounts paid, due to adoption of ASC 340-40
[7] The cumulative effect of initially adopting Topic 606 and ASC 340-40 using the modified-retrospective method as an adjustment to the beginning balance of (Accumulated deficit) Retained earnings.