$BUKS
BUTLER NATIONAL CORP Stock $buks

$buks Overview Financials Valuation SEC Filings Company Website

2020 Q3 Form 10-Q Financial Statement

#000143774920019607 Filed on September 11, 2020

Income Statement

Concept	2020 Q3	2019 Q3
Revenue	$12.99M	$17.02M
YoY Change	-23.67%	26.95%
Cost Of Revenue	$8.510M	$8.819M
YoY Change	-3.5%	-1.35%
Gross Profit	$4.479M	$8.197M
YoY Change	-45.36%	83.79%
Gross Profit Margin	34.48%	48.17%
Selling, General & Admin	$3.045M	$3.437M
YoY Change	-11.41%	8.42%
% of Gross Profit	67.98%	41.93%
Research & Development	$763.0K	$397.0K
YoY Change	92.19%	24.84%
% of Gross Profit	17.04%	4.84%
Depreciation & Amortization	$1.306M	$1.239M
YoY Change	5.41%	219.33%
% of Gross Profit	29.16%	15.12%
Operating Expenses	$763.0K	$397.0K
YoY Change	92.19%	24.84%
Operating Profit	$128.0K	$3.521M
YoY Change	-96.36%	290.79%
Interest Expense	$588.0K	$1.097M
YoY Change	-46.4%	1467.14%
% of Operating Profit	459.38%	31.16%
Other Income/Expense, Net	-$588.0K	-$568.0K
YoY Change	3.52%	-371.77%
Pretax Income	-$460.0K	$2.953M
YoY Change	-115.58%	166.04%
Income Tax	-$6.000K	$762.0K
% Of Pretax Income		25.8%
Net Earnings	-$15.00K	$2.061M
YoY Change	-100.73%	304.91%
Net Earnings / Revenue	-0.12%	12.11%
Basic Earnings Per Share	$0.00	$0.03
Diluted Earnings Per Share	$0.00	$0.03
COMMON SHARES
Basic Shares Outstanding	74.39M	68.27M
Diluted Shares Outstanding	74.39M	68.27M

Balance Sheet

Concept	2020 Q3	2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$17.61M	$10.25M
YoY Change	71.82%	35.75%
Cash & Equivalents	$17.61M	$10.25M
Short-Term Investments
Other Short-Term Assets	$1.862M	$1.746M
YoY Change	6.64%	21.25%
Inventory	$10.04M	$9.259M
Prepaid Expenses
Receivables	$3.830M	$5.382M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$33.34M	$26.64M
YoY Change	25.18%	34.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$54.91M	$55.74M
YoY Change	-1.49%	451.66%
Goodwill
YoY Change
Intangibles	$6.872M	$6.163M
YoY Change	11.5%	-5.45%
Long-Term Investments
YoY Change
Other Assets	$3.363M	$4.200M
YoY Change	-19.93%	-21.01%
Total Long-Term Assets	$65.15M	$66.10M
YoY Change	-1.45%	1099.69%
TOTAL ASSETS
Total Short-Term Assets	$33.34M	$26.64M
Total Long-Term Assets	$65.15M	$66.10M
Total Assets	$98.49M	$92.74M
YoY Change	6.2%	121.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.356M	$1.736M
YoY Change	-21.89%	-9.91%
Accrued Expenses	$1.756M	$1.508M
YoY Change	16.45%	19.68%
Deferred Revenue	$6.656M	$2.948M
YoY Change	125.78%
Short-Term Debt	$1.246M	$975.0K
YoY Change	27.79%	-62.64%
Long-Term Debt Due	$2.852M	$1.596M
YoY Change	78.7%	2.64%
Total Short-Term Liabilities	$15.58M	$11.05M
YoY Change	41.01%	7.15%
LONG-TERM LIABILITIES
Long-Term Debt	$2.993M	$1.823M
YoY Change	64.18%	31.25%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$45.52M	$45.15M
YoY Change	0.81%	3150.61%
TOTAL LIABILITIES
Total Short-Term Liabilities	$15.58M	$11.05M
Total Long-Term Liabilities	$45.52M	$45.15M
Total Liabilities	$61.10M	$56.20M
YoY Change	8.71%	380.3%
SHAREHOLDERS EQUITY
Retained Earnings	$18.13M	$15.97M
YoY Change	13.51%	51.14%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.821M	$1.430M
YoY Change	27.34%	49.43%
Treasury Stock Shares	$3.533M	$2.848M
Shareholders Equity	$32.84M	$30.07M
YoY Change
Total Liabilities & Shareholders Equity	$98.49M	$92.74M
YoY Change	6.2%	121.42%

Cashflow Statement

Concept	2020 Q3	2019 Q3
OPERATING ACTIVITIES
Net Income	-$15.00K	$2.061M
YoY Change	-100.73%	304.91%
Depreciation, Depletion And Amortization	$1.306M	$1.239M
YoY Change	5.41%	219.33%
Cash From Operating Activities	$2.496M	$917.0K
YoY Change	172.19%	-40.42%
INVESTING ACTIVITIES
Capital Expenditures	$1.977M	$58.00K
YoY Change	3308.62%	-74.45%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$975.0K
YoY Change	-100.0%
Cash From Investing Activities	-$1.977M	$917.0K
YoY Change	-315.59%	-503.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$108.0K	$43.00K
YoY Change	151.16%	616.67%
Debt Paid & Issued, Net	$1.595M	$556.0K
YoY Change	186.87%	38.65%
Cash From Financing Activities	$298.0K	-599.0K
YoY Change	-149.75%	-46.52%
NET CHANGE
Cash From Operating Activities	$2.496M	917.0K
Cash From Investing Activities	-$1.977M	917.0K
Cash From Financing Activities	$298.0K	-599.0K
Net Change In Cash	$817.0K	1.235M
YoY Change	-33.85%	543.23%
FREE CASH FLOW
Cash From Operating Activities	$2.496M	$917.0K
Capital Expenditures	$1.977M	$58.00K
Free Cash Flow	$519.0K	$859.0K
YoY Change	-39.58%	-34.53%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2020Q3	buks	Flight Equipment Owned FlightEquipmentOwned	8740000
CY2020Q2	buks	Flight Equipment Owned FlightEquipmentOwned	8511000
CY2020Q3	buks	Gaming Facility Mandated Payment GamingFacilityMandatedPayment	1246000
CY2020Q3	buks	Accumulated Amortization Other Assets AccumulatedAmortizationOtherAssets	10336000
CY2020Q2	buks	Accumulated Amortization Other Assets AccumulatedAmortizationOtherAssets	10153000
CY2020Q3	buks	Capital Asset And Lease Obligation Additions CapitalAssetAndLeaseObligationAdditions
CY2019Q3	buks	Capital Asset And Lease Obligation Additions CapitalAssetAndLeaseObligationAdditions	41981000
CY2019Q3	buks	Deferred Compensation Value Restricted Stock DeferredCompensationValueRestrictedStock	-47000
CY2020Q3	buks	Deferred Compensation Value Restricted Stock DeferredCompensationValueRestrictedStock	-150000
CY2020Q3	buks	Depreciation And Amortization Excluding Amortization Of Supplemental Type Certificates DepreciationAndAmortizationExcludingAmortizationOfSupplementalTypeCertificates	1606000
CY2019Q3	buks	Depreciation And Amortization Excluding Amortization Of Supplemental Type Certificates DepreciationAndAmortizationExcludingAmortizationOfSupplementalTypeCertificates	1555000
CY2020Q3	buks	Duration During Which Inventory If Inactive Taken As Obsolete DurationDuringWhichInventoryIfInactiveTakenAsObsolete	P5Y
CY2020Q2	buks	Gaming Facility Mandated Payment GamingFacilityMandatedPayment	1338000
CY2020Q3	buks	Increase Decrease In Gaming Facility Mandated Payment IncreaseDecreaseInGamingFacilityMandatedPayment	-92000
CY2019Q3	buks	Increase Decrease In Gaming Facility Mandated Payment IncreaseDecreaseInGamingFacilityMandatedPayment	-305000
CY2020Q3	buks	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	-276000
CY2019Q3	buks	Increase Decrease In Lease Liability IncreaseDecreaseInLeaseLiability	-224000
CY2020Q3	buks	Land And Building Gross LandAndBuildingGross	5805000
CY2020Q2	buks	Land And Building Gross LandAndBuildingGross	5805000
CY2018Q2	buks	Stock Repurchase Program Authorized Amount Increase During Period StockRepurchaseProgramAuthorizedAmountIncreaseDuringPeriod	525000
CY2019Q2	buks	Stock Repurchase Program Authorized Amount Increase During Period StockRepurchaseProgramAuthorizedAmountIncreaseDuringPeriod	1569000
CY2019Q4	buks	Stock Repurchase Program Authorized Amount Increase During Period StockRepurchaseProgramAuthorizedAmountIncreaseDuringPeriod	3301000
CY2020Q3	buks	Supplemental Type Certificates Accumulated Amortization SupplementalTypeCertificatesAccumulatedAmortization	7275000
CY2020Q2	buks	Supplemental Type Certificates Accumulated Amortization SupplementalTypeCertificatesAccumulatedAmortization	7029000
	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	878814
CY2018Q4	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	480805
CY2019Q1	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	186727
CY2019Q2	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	580705
CY2019Q3	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	120821
CY2019Q4	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	206050
CY2020Q1	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	267468
CY2020Q2	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	25
CY2020Q3	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	212000
	buks	Treasury Stock Shares Acquired As Part Of Publicly Announced Programs TreasuryStockSharesAcquiredAsPartOfPubliclyAnnouncedPrograms	2933415
CY2020Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	1356000
CY2020Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	962000
CY2020Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3830000
CY2020Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2784000
CY2020Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	200000
CY2020Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	206000
CY2020Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	15750000
CY2020Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	15600000
CY2020Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	74186262
CY2020Q3	us-gaap	Assets Assets	98488000
CY2020Q2	us-gaap	Assets Assets	94587000
CY2020Q3	us-gaap	Assets Current AssetsCurrent	33342000
CY2020Q2	us-gaap	Assets Current AssetsCurrent	29812000
CY2020Q3	us-gaap	Cash Cash	17610000
CY2020Q2	us-gaap	Cash Cash	16793000
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	16793000
CY2019Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	9014000
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	17610000
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	10249000
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	817000
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1235000
CY2020Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2020Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2020Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2020Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2020Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	77719677
CY2020Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	77719677
CY2020Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7418626
CY2020Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	74398262
CY2020Q3	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	777000
CY2020Q2	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	777000
CY2020Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	6656000
CY2020Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1994000
CY2020Q3	us-gaap	Costs And Expenses CostsAndExpenses	12861000
CY2019Q3	us-gaap	Costs And Expenses CostsAndExpenses	13495000
CY2020Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-6000
CY2019Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	762000
CY2020Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	625000
CY2020Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	625000
CY2020Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1306000
CY2019Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1239000
CY2020Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2019Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2020Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
CY2019Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-38000
CY2020Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1046000
CY2019Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2117000
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-460000
CY2019Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2953000
CY2019Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
CY2019Q3	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	529000
CY2020Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	585000
CY2019Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	547000
CY2020Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1756000
CY2020Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2571000
CY2020Q3	us-gaap	Finance Lease Liability FinanceLeaseLiability	43098000
CY2020Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1200000
CY2020Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	1163000
CY2020Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	41898000
CY2020Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	42211000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	84687000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due In Next Rolling Twelve Months FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths	5245000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due In Rolling After Year Five FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFive	58299000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due In Rolling Year Five FinanceLeaseLiabilityPaymentsDueInRollingYearFive	5255000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due In Rolling Year Four FinanceLeaseLiabilityPaymentsDueInRollingYearFour	5342000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due In Rolling Year Three FinanceLeaseLiabilityPaymentsDueInRollingYearThree	5300000
CY2020Q3	us-gaap	Finance Lease Liability Payments Due In Rolling Year Two FinanceLeaseLiabilityPaymentsDueInRollingYearTwo	5246000
CY2020Q3	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	41589000
CY2020Q3	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	40790000
CY2020Q3	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	3559000
CY2020Q3	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	44349000
CY2020Q2	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	44349000
CY2020Q3	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	9544000
CY2020Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	8533000
CY2020Q3	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets
CY2020Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet
CY2019Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet
CY2020Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	394000
CY2020Q3	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-815000
CY2019Q3	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-156000
CY2020Q3	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-6000
CY2019Q3	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	735000
CY2020Q3	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	4662000
CY2019Q3	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	190000
CY2020Q3	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable
CY2019Q3	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-27000
CY2020Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1425000
CY2019Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	374000
CY2020Q3	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	40000
CY2019Q3	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	15000
CY2020Q3	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	242000
CY2019Q3	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	100000
CY2020Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6872000
CY2020Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6483000
CY2020Q3	us-gaap	Interest Expense InterestExpense	588000
CY2019Q3	us-gaap	Interest Expense InterestExpense	1097000
CY2020Q3	us-gaap	Interest Paid Net InterestPaidNet	584000
CY2019Q3	us-gaap	Interest Paid Net InterestPaidNet	1096000
CY2020Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	53000
CY2020Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	62000
CY2020Q3	us-gaap	Inventory Net InventoryNet	10040000
CY2020Q2	us-gaap	Inventory Net InventoryNet	8615000
CY2020Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	7062000
CY2020Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	6892000
CY2020Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	685000
CY2020Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	685000
CY2020Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	2925000
CY2020Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	1661000
CY2020Q3	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	4032000
CY2020Q2	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	4032000
CY2020Q3	us-gaap	Liabilities Liabilities	61096000
CY2020Q2	us-gaap	Liabilities Liabilities	56783000
CY2020Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	98488000
CY2020Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	94587000
CY2020Q3	us-gaap	Liabilities Current LiabilitiesCurrent	15580000
CY2020Q2	us-gaap	Liabilities Current LiabilitiesCurrent	10736000
CY2020Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	45516000
CY2020Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	46047000
CY2020Q3	us-gaap	Line Of Credit Facility Interest Rate At Period End LineOfCreditFacilityInterestRateAtPeriodEnd	0.0365
CY2020Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	5000000
CY2020Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	5000000
CY2020Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	2852000
CY2020Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	2228000
CY2020Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2993000
CY2020Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3211000
CY2020Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	4195000
CY2020Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	4093000
CY2020Q3	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	953000
CY2019Q3	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	1104000
CY2020Q3	us-gaap	Minority Interest MinorityInterest	4554000
CY2020Q2	us-gaap	Minority Interest MinorityInterest	4993000
CY2020Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	298000
CY2019Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-599000
CY2020Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1977000
CY2019Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	917000
CY2020Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2496000
CY2019Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	917000
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	-15000
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	2061000
CY2020Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-439000
CY2019Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	130000
CY2020Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-588000
CY2019Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-568000
CY2020Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	128000
CY2019Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	3521000
CY2020Q3	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1595000
CY2020Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	18132000
CY2020Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	18147000
CY2020Q3	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	914000
CY2020Q3	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	3363000
CY2020Q2	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	3546000
CY2020Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3363000
CY2020Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3546000
CY2020Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1507000
CY2019Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1786000
CY2020Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	314000
CY2020Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	274000
CY2020Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	108000
CY2019Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	43000
CY2020Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1977000
CY2019Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	58000
CY2020Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	5
CY2020Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	5
CY2020Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000
CY2020Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000
CY2020Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1862000
CY2020Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1620000
CY2020Q3	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	2001000
CY2019Q3	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
CY2020Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment
CY2019Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	975000
CY2019Q3	us-gaap	Profit Loss ProfitLoss	2191000
CY2020Q3	us-gaap	Profit Loss ProfitLoss	-454000
CY2020Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	21754000
CY2020Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	20577000
CY2020Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	54911000
CY2020Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	54746000
CY2020Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	76665000
CY2020Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	75323000
CY2019Q3	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	556000
CY2020Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	763000
CY2019Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	397000
CY2020Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	12989000
CY2019Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	17016000
CY2020Q3	us-gaap	Share Based Compensation ShareBasedCompensation	150000
CY2019Q3	us-gaap	Share Based Compensation ShareBasedCompensation	47000
CY2020Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	4000000
CY2018Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000
CY2018Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	750000
CY2019Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	750000
CY2019Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	2225000
CY2019Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	2225000
CY2019Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	4000000
CY2016Q4	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	500000
CY2018Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	275000
CY2018Q4	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	381000
CY2019Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	317000
CY2019Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	94000
CY2019Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	1526000
CY2019Q4	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	3206000
CY2020Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	3019000
CY2020Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	3019000
CY2020Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	2911000
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	32838000
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	32811000
CY2019Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	34344000
CY2019Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	36539000
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37804000
CY2020Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37392000
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.26
CY2018Q4	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.30
CY2019Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.34
CY2019Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.38
CY2019Q3	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.35
CY2019Q4	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.46
CY2020Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.70
CY2020Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.41
CY2020Q3	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.51
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0.37
CY2020Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	3533415
CY2020Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	3321415
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	878814
CY2018Q4	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	480805
CY2019Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	186727
CY2019Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	580705
CY2019Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	120821
CY2019Q4	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	206050
CY2020Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	267468
CY2020Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	25
CY2020Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	212000
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	2933415
CY2020Q3	us-gaap	Treasury Stock Value TreasuryStockValue	1821000
CY2020Q2	us-gaap	Treasury Stock Value TreasuryStockValue	1713000
CY2019Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	43000
CY2020Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	108000
CY2020Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	74386184
CY2019Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68270565
CY2020Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	74386184
CY2019Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68270565

Files In Submission

Name	View Source	Status
0001437749-20-019607-index-headers.html	Edgar Link	pending
0001437749-20-019607-index.html	Edgar Link	pending
0001437749-20-019607.txt	Edgar Link	pending
0001437749-20-019607-xbrl.zip	Edgar Link	pending
buks-20200731.xml	Edgar Link	completed
buks-20200731.xsd	Edgar Link	pending
buks-20200731_cal.xml	Edgar Link	unprocessable
buks-20200731_def.xml	Edgar Link	unprocessable
buks-20200731_lab.xml	Edgar Link	unprocessable
buks-20200731_pre.xml	Edgar Link	unprocessable
buks20200731_10q.htm	Edgar Link	pending
ex_196470.htm	Edgar Link	pending
ex_196471.htm	Edgar Link	pending
ex_196472.htm	Edgar Link	pending
ex_196473.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
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R33.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$BUKS
BUTLER NATIONAL CORP Stock $buks

2020 Q3 Form 10-Q Financial Statement

#000143774920019607 Filed on September 11, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BUKS BUTLER NATIONAL CORP Stock $buks

2020 Q3 Form 10-Q Financial Statement

#000143774920019607 Filed on September 11, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BUKS
BUTLER NATIONAL CORP Stock $buks