XML 54 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Cash Flows from Operating Activities    
Net earnings (loss) $ (4,624) $ 1,688
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 2,654 2,571
Bad debt provision 364 65
Stock based compensation expense 251 197
Provision for deferred income tax expense 1,895 202
Change in assets and liabilities:    
Receivables 4,833 (664)
Inventories 1,876 456
Accounts payable and other accrued expenses (2,016) (55)
Deferred revenue 909 (285)
Other, net (1,981) (1,685)
Net cash provided by operating activities 4,161 2,490
Cash Flows from Investing Activities    
Capital expenditures (2,465) (4,213)
Net cash used in investing activities (2,465) (4,213)
Cash Flows from Financing Activities    
Dividends paid (1,044) (2,030)
Dividends paid to noncontrolling interest in subsidiaries (324) (51)
Proceeds from short-term borrowings 58,721 62,646
Repayments on short-term borrowings (63,515) (57,018)
Payments on long-term debt and lease obligations (1,282) (1,177)
Net proceeds from exercise of stock options (including tax benefit) (14) (36)
Net cash (used in) provided by financing activities (7,458) 2,334
Effect of exchange rate changes on cash, net (179) (413)
(Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (5,941) 198
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 11,156 10,958
Cash, Cash Equivalents and Restricted Cash at End of Year 5,215 11,156
Supplemental Disclosure of Cash Flow Information    
Interest paid 513 352
Income taxes paid $ 188 $ 2,460