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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Cash flows from operating activities    
Net income $ 492,961 $ 1,134,324
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 4,375,397 4,069,944
Stock-based compensation 189,305 2,414
Restricted stock expense 71,483  
Provision for doubtful accounts   14,103
Provision for inventory obsolescence   36,352
Deferred income tax provision (benefit) (321,167) 337,580
Amortization of intangible assets 279,491 112,750
(Gain) loss from disposal or sale of machinery and equipment (19,662) 52,855
Changes in assets and liabilities, net of business acquisition    
Accounts receivable (5,242,863) (4,381,326)
Inventories (5,615,748) 7,147,110
Prepaid expenses and other assets (1,194,355) (114,311)
Refundable income taxes 237,627 (38,141)
Trade accounts payable 9,254,671 1,402,892
Deferred rent 360,656 13,057
Accrued expenses and wages 883,835 18,707
Net cash provided by operating activities 3,751,631 9,808,310
Cash flows from investing activities    
Purchases of machinery and equipment (7,171,043) (2,307,143)
Cash received in conjunction with acquisition 1,142,597  
Proceeds from sale of machinery and equipment 22,000  
Net cash used in investing activities (6,006,446) (2,307,143)
Cash flows from financing activities    
Proceeds from exercise of common stock options 39,900 99,656
Payments under capital lease obligations (219,457) (850,104)
Payments under other notes payable (26,832) (160,994)
Payments under building notes payable (99,996) (99,996)
Change in lines of credit 2,500,000 (6,000,000)
Tax benefit from exercise of options   41,100
Net cash provided (used in) by financing activities 2,193,615 (6,970,338)
(DECREASE) INCREASE IN CASH (61,200) 530,829
Cash and cash equivalents at beginning of year 4,668,931 4,138,102
Cash and cash equivalents at end of year 4,607,731 4,668,931
Supplementary disclosures of cash flow information    
Cash paid for interest 795,502 968,478
Cash paid for income taxes 34,535 66,713
Cash refunded for income taxes (286,695) (160,000)
Non-Cash Transaction - Acquisition of Spitfire Control, Inc.    
SigmaTron International, Inc. A/R Trade forgiven 15,312,904  
SigmaTron International, Inc. Foreign A/R Trade forgiven 1,142,392  
Contingent consideration 2,320,000  
Issuance of Restricted stock 169,011  
Total Cost of Acquisition $ 18,944,307