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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2019
Apr. 30, 2019
Current Assets:    
Cash and cash equivalents $ 11,653 $ 10,647
Restricted cash 928 509
Receivables, less allowance; $395; $361, on each respective date 36,231 33,259
Inventories 16,351 17,206
Prepaid expenses and other current assets 3,839 3,736
Total Current Assets 69,002 65,357
Property, plant and equipment, at cost 57,700 56,676
Accumulated depreciation (40,839) (40,214)
Net Property, Plant and Equipment 16,861 16,462
Right of use assets 6,785  
Deferred income taxes 1,845 1,829
Other assets 4,048 3,575
Total Other Assets 12,678 5,404
Total Assets 98,541 87,223
Current Liabilities:    
Short-term borrowings and interest rate swaps 13,279 9,513
Current portion of long-term debt 972 1,167
Current portion of capital lease liability 18  
Current portion of capital lease liability   17
Current portion of operating lease liabilities 1,027  
Accounts payable 15,393 15,190
Employee compensation and amounts withheld 3,694 3,737
Deferred revenue 1,523 1,599
Other accrued expenses 2,126 1,510
Total Current Liabilities 38,032 32,733
Long-term debt 0 97
Long-term portion of capital lease liability 127  
Long-term portion of capital lease liability   132
Long-term portion of operating lease liabilities 5,638  
Accrued pension and deferred compensation costs 6,062 5,878
Income taxes payable 745 680
Total Liabilities 50,604 39,520
Commitments and Contingencies
Stockholders’ Equity:    
Common stock, $2.50 par value, Authorized – 5,000 shares; Issued – 2,753 shares; 2,750 shares; – Outstanding – 2,750 shares; 2,747 shares, on each respective date 6,884 6,875
Additional paid-in-capital 3,184 3,133
Retained earnings 43,501 43,552
Accumulated other comprehensive loss (6,212) (6,407)
Common stock in treasury, at cost, 3 shares, on each date (53) (53)
Total Kewaunee Scientific Corporation Stockholders’ Equity 47,304 47,100
Noncontrolling interest 633 603
Total Stockholders’ Equity 47,937 47,703
Total Liabilities and Stockholders’ Equity $ 98,541 $ 87,223