XML 49 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2019
Apr. 30, 2019
Current Assets:    
Cash and cash equivalents $ 7,647 $ 10,647
Restricted cash 1,951 509
Receivables, less allowance; $427; $361, on each respective date 32,017 33,259
Inventories 14,778 17,206
Prepaid expenses and other current assets 4,674 3,736
Total Current Assets 61,067 65,357
Property, plant and equipment, at cost 57,359 56,676
Accumulated depreciation (41,475) (40,214)
Net Property, Plant and Equipment 15,884 16,462
Right of use assets 10,082  
Deferred income taxes 102 1,829
Other assets 3,187 3,575
Total Other Assets 13,371 5,404
Total Assets 90,322 87,223
Current Liabilities:    
Short-term borrowings and interest rate swaps 6,760 9,513
Current portion of long-term debt 0 1,167
Current portion of capital lease liability 18  
Current portion of capital lease liability   17
Current portion of operating lease liabilities 1,401  
Accounts payable 13,836 15,190
Employee compensation and amounts withheld 3,788 3,737
Deferred revenue 2,032 1,599
Other accrued expenses 2,391 1,510
Total Current Liabilities 30,226 32,733
Long-term debt 0 97
Long-term portion of capital lease liability 123  
Long-term portion of capital lease liability   132
Long-term portion of operating lease liabilities 8,513  
Accrued pension and deferred compensation costs 5,592 5,878
Other non-current liabilities 878 680
Total Liabilities 45,332 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 3,226 3,133
Retained earnings 40,800 43,552
Accumulated other comprehensive loss (6,389) (6,407)
Common stock in treasury, at cost, 3 shares, on each date (53) (53)
Total Kewaunee Scientific Corporation Stockholders’ Equity 44,468 47,100
Noncontrolling interest 522 603
Total Stockholders’ Equity 44,990 47,703
Total Liabilities and Stockholders’ Equity $ 90,322 $ 87,223