XML 25 R9.htm IDEA: XBRL DOCUMENT
v3.20.2

Assets Held for Sale | 12 Months Ended
--- | ---
Apr. 30, 2020
Table Text Block Supplement [Abstract] |
Schedule of Other Assets [Table Text Block] | 2. Assets Held for Sale and Note Receivable for Sale of Subsidiaries For the year ended April 30, 2019, the Company’s wholly-owned subsidiary, FEI-Asia, which is reported under the FEI-NY segment, was classified as held-for-sale. The table below represents FEI-Asia’s assets and liabilities as of April 30, 2019 (in thousands):
Cash and cash equivalents |  | $ | 35 |
Accounts receivable, net |  |  | 348 |
Inventories, net |  |  | 876 |
Other current assets |  |  | 88 |
Property, plant and equipment, net |  |  | 202 |
Total assets held for sale |  | $ | 1,549 |
Accounts payable – trade |  | $ | 707 |
Accrued liabilities |  |  | 315 |
Other current liabilities |  |  | 56 |
Other liabilities |  |  | 2,253 |
Total liabilities held for sale |  | $ | 3,331 |
On May 21, 2019 the Company completed the sale of its wholly-owned subsidiary FEI-Asia to an Asian corporation. FEI-Asia was sold for $130,000 in addition to all rights, benefits and obligations attached thereto, free and clear from any encumbrance. The results of this transaction, including approximately $85,000 of income for the twenty-one days in May 2019, are included in the consolidated financial statements for the fiscal year ended April 30, 2019. The above transaction resulted in a consolidated loss of approximately $1 million recorded in SG&A on the consolidated statement of operations in fiscal year 2019. On April 26, 2018, the Company sold its Gillam-FEI s.a. (“Gillam”) Belgium subsidiary to a European entity, in a stock purchase agreement, for $1 million in cash received on April 27, 2018, and a note receivable payable in three years for $1 million, included in other assets in the accompanying consolidated balance sheets. In fiscal 2020 it was determined that the note receivable would not likely be collected and thus a reserve was recorded for $1 million, recorded in other expense on the consolidated statement of operations for the year ended April 30, 2020.

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlockSupplementAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration