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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2025
Apr. 30, 2024
Current Assets:    
Cash and cash equivalents $ 9,454 $ 23,267
Restricted cash 2,881 2,671
Receivables, less allowance; $588; $588, on each respective date 57,419 45,064
Inventories 31,560 20,679
Prepaid expenses and other current assets 7,298 5,136
Total Current Assets 108,612 96,817
Property, plant and equipment, at cost 73,087 64,234
Accumulated depreciation (49,238) (46,585)
Property, plant and equipment, net 23,849 17,649
Right of use assets 13,974 7,454
Deferred income taxes 3,883 7,401
Net Book Value 18,216 0
Goodwill 14,150 0
Other assets 6,464 5,445
Total Assets 189,148 134,766
Current Liabilities:    
Short-term borrowings 1,131 3,099
Current portion of financing liability 769 713
Current portion of term loan 3,000 0
Current portion of financing lease liabilities 102 111
Current portion of operating lease liabilities 3,395 2,123
Accounts payable 24,530 23,262
Employee compensation and amounts withheld 6,843 6,041
Deferred revenue 7,773 4,374
Other accrued expenses 2,628 1,057
Total Current Liabilities 50,171 40,780
Long-term portion of financing liability 26,835 27,420
Long-term portion of seller note 23,463 0
Long-term portion of term loan 11,500 0
Long-term portion of financing lease liabilities 150 235
Long-term portion of operating lease liabilities 9,550 5,434
Accrued pension and deferred compensation costs 3,818 3,008
Deferred income taxes 1,093 1,218
Other non-current liabilities 447 462
Total Liabilities 127,027 78,557
Commitments and Contingencies
Stockholders' Equity:    
Common stock, $2.50 par value, Authorized – 5,000 shares; Issued – 2,941 shares; 2,909 shares; – Outstanding – 2,872 shares; 2,839 shares, on each respective date 7,353 7,273
Additional paid-in-capital 5,266 5,406
Retained earnings 54,069 47,514
Accumulated other comprehensive loss (3,836) (3,382)
Common stock in treasury, at cost, 70 shares, on each respective date (2,051) (2,051)
Total Kewaunee Scientific Corporation Stockholders' Equity 60,801 54,760
Non-controlling interest 1,320 1,449
Total Stockholders' Equity 62,121 56,209
Total Liabilities and Stockholders' Equity $ 189,148 $ 134,766