XML 20 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Cash flows from operating activities:    
Net earnings $ 1,670 $ 2,488
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 1,227 1,263
Bad debt provision 24 4
Stock based compensation expense 96 108
Provision for deferred income tax expense (20) (41)
Change in assets and liabilities:    
Decrease (increase) in receivables 510 (605)
Increase in inventories (995) (261)
(Decrease) increase in accounts payable and other accrued expenses (817) 3,931
Increase in deferred revenue 477 101
Other, net (311) (226)
Net cash provided by operating activities 1,861 6,762
Cash flows from investing activities:    
Capital expenditures (1,261) (1,626)
Decrease (increase) in restricted cash 597 (2,501)
Net cash used in investing activities (664) (4,127)
Cash flows from financing activities:    
Dividends paid (664) (603)
Dividends paid to noncontrolling interest in subsidiaries (75) (38)
Increase (decrease) in short-term borrowings and interest rate swaps 574 (2,209)
Payments on long-term debt (211) (210)
Payment toward purchase of noncontrolling interest in subsidiary (888) (888)
Net proceeds from exercise of stock options (including tax benefit) 458 32
Net cash used in financing activities (806) (3,916)
Effect of exchange rate changes on cash (161) (104)
Increase (decrease) in cash and cash equivalents 230 (1,385)
Cash and cash equivalents, beginning of period 3,044 6,248
Cash and cash equivalents, end of period $ 3,274 $ 4,863