Inventories at April 30, 2019 and 2018, consisted of the following: The Company has investments in publicly traded equity securities, corporate bonds, state and municipal debt securities, REITs, money markets, certificates of deposits and hedge funds and they are recorded at fair value.
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Sections 15(d) of the Act.
Based on the net shares outstanding as of April 30, 2019. We are not aware of any arrangements, including any pledge by any person of our securities, the operation of which may result in a change in control of the Company. As a result, combined, they have voting and shared dispositive control.
(Annual sales and employees). [X]. Watch Now. In November 2018, April 2019 and May 2019, the FASB issued ASU No. The inputs to the valuation are classified as Level 1 given the active market for these securities; however, if an active market does not exist, which is the case for municipal bonds and REITs; the inputs are recorded as Level 2. The fair value of our investments is determined utilizing market based information. The Plan is intended to be qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended.
2020 Proxy Statement 2.10 MB. The Company’s quick ratio increased to 15.316 for the year ended April 30, 2019 compared to 14.703 for the year ended April 30, 2018. The following table sets forth certain information regarding the compensation paid to or accrued by the Company to executive officers for services rendered in all capacities during each of the Company’s fiscal years ended April 30, 2019 and 2018.
The security products division comprises the largest portion of GRI sales and products are sold worldwide through distributors, who in turn sell these products to security installation companies. GRI owns and operates its main manufacturing plant and offices in Kimball, Nebraska with a satellite plant 40 miles away in Gering, Nebraska. While only a few new or improved products were successfully launched in fiscal year 2019, we are confident that more new products will be released soon, and we are searching for products that complement our current offerings. The updated guidance improves the disclosure requirements on fair value measurements.
Net gain on the sale of investments for the current fiscal year was $61,000, which is a 69.5% decrease over the prior year. 2019 Annual Report 2.17 MB. Spotlight. The Company has a limited number of customers with individually substantial amounts due at any given date. Ms. Westby continues in her position on the Board of Directors at GRI with over 35 years of experience with the Company.
On September 18, 2008, the Board of Directors approved an authorization for the repurchase of up to 500,000 shares of the Company’s common stock. Depreciation expense of $231,000 and $195,000 was charged to operations for the years ended April 30, 2019 and 2018, respectively. For previous years. The innovative design is slim in style and will also allow the homeowner to change the plate to match their décor. The marketable securities are valued using third-party broker statements. And as President of the Company, she oversees all the day to day operations as well.
FirsTier Bank is the financial institution the Company uses for its day to day banking operations.
In July 2018, the FASB issued ASU No. Read Report. Executive officers, directors and greater than 10% shareholders are required by the SEC regulations to furnish us with copies of all Section 16(a) reports that they file. Magnetic Reed Switches & Security Products.
Heritage 2018 Annual Report PDF; Heritage 2017 Annual Report PDF; Heritage 2016 Annual Report PDF; Heritage 2015 Annual Report PDF; Heritage 2014 Annual Report PDF; Heritage TSRS – PM 10, PM 2.5, Ammonia and Sulphuric Acid PDF Cost of goods sold was 51.86% of net sales for the year ended April 30, 2019 and 52.94% for the same period last year. Indicate by check mark whether the registrant is a large accelerated filer, a non-accelerated filer, or a small reporting company.
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