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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2021
Apr. 30, 2021
Current Assets:    
Cash and cash equivalents $ 4,985 $ 5,206
Restricted cash 482 525
Receivables, less allowance; $618; $636, on each respective date 34,932 34,095
Inventories 17,852 16,517
Income tax receivable 955 955
Prepaid expenses and other current assets 2,763 3,159
Total Current Assets 61,969 60,457
Property, plant and equipment, at cost 59,295 58,804
Accumulated depreciation (43,523) (42,822)
Net Property, Plant and Equipment 15,772 15,982
Right of use assets 8,838 9,279
Other assets 3,720 3,666
Total Assets 90,299 89,384
Current Liabilities:    
Short-term borrowings 8,854 6,828
Current portion of financing lease liability 22 21
Current portion of operating lease liabilities 1,349 1,348
Accounts payable 17,487 16,780
Employee compensation and amounts withheld 4,593 4,726
Deferred revenue 2,555 3,123
Other accrued expenses 1,400 1,355
Total Current Liabilities 36,260 34,181
Long-term portion of financing lease liability 86 91
Long-term portion of operating lease liabilities 7,423 7,860
Accrued pension and deferred compensation costs 4,611 4,652
Deferred income taxes 344 307
Other non-current liabilities 1,235 806
Total Liabilities 49,959 47,897
Commitments and Contingencies
Stockholders' Equity:    
Common stock, $2.50 par value, Authorized – 5,000 shares; Issued – 2,793 shares; 2,766 shares; – Outstanding – 2,790 shares; 2,763 shares, on each respective date 6,982 6,915
Additional paid-in-capital 3,978 3,807
Retained earnings 32,804 34,149
Accumulated other comprehensive loss (3,653) (3,577)
Common stock in treasury, at cost, 3 shares, on each date (53) (53)
Total Kewaunee Scientific Corporation Stockholders' Equity 40,058 41,241
Non-controlling interest 282 246
Total Stockholders' Equity 40,340 41,487
Total Liabilities and Stockholders' Equity $ 90,299 $ 89,384