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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Cash Flows from Operating Activities    
Net earnings (loss) $ 1,359 $ (6,003)
Adjustments to reconcile net earnings (loss) to net cash used by operating activities:    
Depreciation 2,867 2,769
Bad debt provision 120 92
Stock based compensation expense 886 729
Provision for deferred income taxes 516 120
Change in assets and liabilities:    
Receivables (4,947) (8,464)
Inventories 1,907 (7,279)
Income tax receivable 0 955
Accounts payable and other accrued expenses (5,558) 11,886
Deferred revenue 568 406
Other, net (1,508) (3,096)
Net cash used by operating activities (3,790) (7,885)
Cash Flows from Investing Activities    
Capital expenditures (4,148) (1,908)
Net cash used in investing activities (4,148) (1,908)
Cash Flows from Financing Activities    
Proceeds from short-term borrowings 60,599 59,359
Repayments on short-term borrowings (58,601) (64,598)
Proceeds from sale-leaseback transaction 13,629 15,893
Repayments on financing liability (575) 0
Proceeds from long-term debt 0 377
Repayments on long-term debt (121) 0
Net cash provided by financing activities 14,931 11,031
Effect of exchange rate changes on cash, net (72) (75)
Increase in Cash, Cash Equivalents and Restricted Cash 6,921 1,163
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 6,894 5,731
Cash, Cash Equivalents and Restricted Cash at End of Year 13,815 6,894
Supplemental Disclosure of Cash Flow Information    
Interest paid 1,862 480
Income taxes paid 3,158 1,006
Assets obtained under new finance or operating leases $ 3,902 $ 366