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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2024
Apr. 30, 2023
Current Assets:    
Cash and cash equivalents $ 21,312 $ 8,078
Restricted cash 5,800 5,737
Receivables, less allowance; $589; $476, on each respective date 41,109 46,081
Inventories 21,845 21,889
Prepaid expenses and other current assets 6,090 6,135
Total Current Assets 96,156 87,920
Property, plant and equipment, at cost 64,208 61,368
Accumulated depreciation (46,716) (44,966)
Net Property, Plant and Equipment 17,492 16,402
Right of use assets 7,827 9,170
Other assets 4,830 5,406
Total Assets 126,305 118,898
Current Liabilities:    
Short-term borrowings 3,184 3,587
Current portion of financing liability 695 642
Current portion of financing lease liabilities 110 85
Current portion of operating lease liabilities 2,056 1,967
Accounts payable 19,083 23,599
Employee compensation and amounts withheld 5,766 4,304
Deferred revenue 10,248 4,097
Other accrued expenses 1,000 1,772
Total Current Liabilities 42,142 40,053
Long-term portion of financing liability 27,603 28,132
Long-term portion of financing lease liabilities 247 148
Long-term portion of operating lease liabilities 5,741 7,136
Accrued pension and deferred compensation costs 3,655 3,546
Deferred income taxes 1,134 943
Other non-current liabilities 441 455
Total Liabilities 80,963 80,413
Commitments and Contingencies
Stockholders' Equity:    
Common stock, $2.50 par value, Authorized – 5,000 shares; Issued – 2,908 shares; 2,833 shares; – Outstanding – 2,875 shares; 2,830 shares, on each respective date 7,270 7,084
Additional paid-in-capital 5,046 5,059
Retained earnings 36,488 28,761
Accumulated other comprehensive loss (3,877) (3,442)
Common stock in treasury, at cost, 33 shares; 3 shares, on each respective date (844) (53)
Total Kewaunee Scientific Corporation Stockholders' Equity 44,083 37,409
Non-controlling interest 1,259 1,076
Total Stockholders' Equity 45,342 38,485
Total Liabilities and Stockholders' Equity $ 126,305 $ 118,898