Supplemental disclosure for statement of cash flows |
3 Months Ended |
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Oct. 31, 2017 | |
Supplemental Cash Flow Elements [Abstract] | |
Cash Flow, Supplemental Disclosures [Text Block] |
Note 3 - Supplemental disclosure for statement of cash flows For the three months ended October 31, 2017 and 2016, income taxes paid by the Company were $15 and $954, respectively. For the three months ended October 31, 2017 and 2016, interest paid by the Company was $25 and $58, respectively. For the three months ended October 31, 2017 and 2016, the Company financed $0 and $69 respectively, in machinery and transportation equipment under installment loans. During the three months ended October 31, 2017 and 2016, the Company did not enter into any capital lease agreements. During the three months ended October 31, 2017 certain officers of the Company exercised 271,591 stock options in non-cash transactions. The officers surrendered 80,751 shares of the Company’s common stock to exercise the stock options. The Company recorded approximately $815, the market value of the surrendered shares, as treasury stock. |