BUTLER NATIONAL CORP Financials

PERIOD ENDING31-Jul-0930-Apr-0931-Jan-0931-Oct-08Total Revenue6,069  4,288  4,546  4,056  Cost of Revenue3,681  1,857  3,031  3,151  Gross Profit2,387  2,431  1,514  905  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative1,686  1,753  1,012  910  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss701  678  503  (5)Income from Continuing OperationsTotal Other Income/Expenses Net506  1  3   -  Earnings Before Interest And Taxes1,207  680  506  (5)Interest Expense121  114  119  41  Income Before Tax1,086  566  388  (46)Income Tax Expense368  286  110   -  Minority Interest -   -   -   -  Net Income From Continuing Ops718  280  278  (46)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -  ...
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Butler National doubles first-quarter earnings

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BUTLER NATIONAL CORP Files SEC form 8-K, Results of Operations and Financial Condition

Show all filings for BUTLER NATIONAL CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for BUTLER NATIONAL CORP 9-Sep-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpose...
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Butler National Corporation Announces First Quarter Financial Results and Conference Call

OLATHE, Kan., Sept. 9 /PRNewswire-FirstCall/ -- Butler National Corporation (OTC Bulletin Board: BUKS - News), a leading manufacturer and provider of support systems for "Classic" commercial and military aircraft, announces its financial results for the first quarter fiscal 2010 for the period ended July 31, 2009. In conjunction with the release, the Company has scheduled a conference call Thursday, September 10, 2009 at 9:00 AM Central Daylight Time. What: Butler National Corporation First Quarter Fiscal 2010 Financial Results Conference CallWhen: Thursday, September 10, 2009 - 9:00 AM Central Daylight TimeHow: Live via phone by dialing 800-624-7038. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time. Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the first quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2010.Historical selected financial data related to all operations: Quarter Ended July 31 Quarter Ended April 30 (In thousands except (In thousands except per share data) per share data) --------------------- ---------------------- 2009 2008 2007 2009 2008 2007 ---- -...
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BUTLER NATIONAL CORP Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS REFERENCE TO EXHIBIT 99 OF THE COMPANY'S ANNUAL REPORT ON FORM 10-K Statements made in this report, filed with the Securities and Exchange Commission, communications to stockholders, press releases, and oral statements made by representatives of the Company that are not historical in nature, or that state the Company or management intentions, hopes, beliefs, expectations or predictions of the future, may constitute "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements can often be identified by the use of forward-looking terminology, such as "could," "should," "will," "intended," "continue," "believe," "may," "expect," "hope," "anticipate," "goal," "forecast," "plan," "guidance" or "estimate" or the negative of these words, variations thereof or similar expressions. Forward-looking statements are not guarantees of future performance or results. They involve risks, uncertainties, and assumptions. It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Cautionary Statements and Risk Factors, filed as Exhibit 99 and Item 1A. Risk Factors to the Company's Annual Report on Form 10-K and elsewhere herein or in other reports filed with the SEC, are incorporated herein by reference. Other unforeseen factors not identified herein could also have such an effect. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the oc...
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Revenue-hungry Kansas will be owner of new casinos

TOPEKA, Kansas (AP) -- In Kansas, prohibitionists battled booze by smashing up saloons, the state school board once approved science guidelines questioning evolution and anti-abortion leaders have made their stiffest stands -- all burnishing the state's conservative credentials. Now, Kansas is poised for an unlikely distinction: It's about to get into the casino business, not merely by blessing gambling and taxing the profits but by becoming the legal owner of the casinos themselves.Kansas is believed to be the only state with such an arrangement. It already has four Indian casinos, but its first non-tribal one is set to open in December in Dodge City, a former cowtown.It's all because the state, known for its conservative history and a vibrant right wing within its dominant Republican Party, needs the money.Lawmakers in recent months have slashed money for schools and other state services, and the current state budget relies on $50 million in casino licensing fees to remain balanced."It's terribly ironic, and disappointingly so. I never dreamed that Kansas would be the first to try this experiment," said House Speaker Mike O'Neal, a Hutchinson Republican who fought unsuccessfully to block the 2007 law authorizing the new casinos and slot machines at racetracks.Developers will build the casinos, install slot machines, set up tables and manage dealers, all under contract with the state lottery. They pay upfront privilege fees: $5.5 million for Dodge City and $25 million each for casinos planned in the Kansas City and Wichita areas.The state will own the games and control software determining who wins and may overrule management decisions. Contracts spell out how revenues are divided."The whole ownership thing -- it always struck me as a little bit squirrely," said Burdett Loomis, a University of Kansas po...
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BUTLER NATIONAL CORP Files SEC form 8-K, Other Events

Show all filings for BUTLER NATIONAL CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for BUTLER NATIONAL CORP 21-Jul-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading...
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BUTLER NATIONAL CORP Files SEC form 8-K, Results of Operations and Financial Condition

Show all filings for BUTLER NATIONAL CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for BUTLER NATIONAL CORP 20-Jul-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purpose...
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BUTLER NATIONAL CORP Files SEC form 10-K, Annual Report

Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Fiscal 2009 compared to Fiscal 2008 Revenue and Operating Profit Our revenue for fiscal 2009 was $18,093,088, an increase of 2.5% from fiscal 2008 revenue of $17,646,565. We experienced a 18.4% decrease in earnings before taxes from fiscal 2008 to fiscal 2009. Our operating profit for 2009 was $1,831,882 compared to $2,202,560 in 2008, a decrease of 16.8%. Discussion of specific changes by segment are as follows. Aircraft Modifications: Sales from the Aircraft Modifications including modified aircraft increased 35.5% from $8,646,562 in fiscal 2008, to $11,713,497 in 2009. The modifications segment had an operating profit of $967,085 in 2009, compared to a profit of $814,599 in 2008. The majority of the increase was from special mission modifications. We believe we may sell and install approximately 15 to 25 Lear 20 & 30 series RVSM kits during the next two years. In addition to the RVSM sales, we expect to experience some increase in our base modification sales. During the past few years we have seen a significant increase in aircraft camera modification. Custom engineering projects and aircraft modifications have also attributed to our increase in sales. As the economy slows aircraft owners may elect to delay the updates modifications, and purchases of business aircraft. Although we have not experienced a decrease in sales we cannot anticipate the future, and we must always consider the negative impact of items such as the 9-11 event, increases in fuel prices, and general economic downturns. Aircraft Acquisitions and Sales: There were no aircraft sales in fiscal 2009 or fiscal 2008. We acquired no aircraft during fiscal 2009 or fiscal 2008. Management expects this business segment to have limited activity until more favorable economic conditions exist. FAA required modifications to the business aircraft fleet may increase customer demand for company owned aircraft. Avioni...
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BUTLER NATIONAL CORP Files SEC form 8-K, Financial Statements and Exhibits

Show all filings for BUTLER NATIONAL CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for BUTLER NATIONAL CORP 11-May-2009Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not...
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