XML 79 R9.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jan. 30, 2021
Jan. 25, 2020
Operating activities    
Net income (loss) $ 12,373 $ 23,576
Adjustments to reconcile net income from continuing operations to cash provided by operating activities from continuing operations:    
Depreciation and amortization 8,650 7,107
Losses from equity method investments 10,891 3,410
Realized gain from sale of available-for-sale investments (11)  
Provision for doubtful accounts (145) (2)
Other non-cash income (473) (719)
Non-cash lease expense (income) 3,592 3,453
Loss on foreign currency transactions 1  
Deferred income taxes (897) (946)
Stock-based compensation 4,754 4,751
Loss (gain) on sale of property and equipment 2 (71)
Amortization of debt securities 143 (1,291)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 47,184 3,245
Unbilled receivables and retentions 14,753 (24,364)
Inventories (7,569) (10,766)
Income tax receivable   821
Prepaid expenses and other assets (1,622) 216
Accounts payable (3,346) (1,301)
Other liabilities (9,318) 7,947
Net cash provided by operating activities 78,962 15,066
Investing activities    
Acquisition of property and equipment (8,472) (8,504)
Equity method investments (2,150) (9,551)
Business acquisition, net of cash acquired   (18,641)
Proceeds from sale of property and equipment   81
Redemptions of held-to-maturity investments   166,917
Purchases of held-to-maturity investments   (162,517)
Redemptions of available-for-sale investments 130,066 41,150
Purchases of available-for-sale investments (125,644) (59,297)
Net cash used in investing activities (6,200) (50,362)
Financing activities    
Tax withholding payment related to net settlement of equity awards (1,955) (1,009)
Holdback and retention payments for business acquisitions (1,492)  
Exercise of stock options 86 93
Net cash used in financing activities (3,361) (916)
Net increase (decrease) in cash, cash equivalents, and restricted cash 69,401 (36,212)
Cash, cash equivalents, and restricted cash at beginning of period 255,142 172,708
Cash, cash equivalents, and restricted cash at end of period 324,543 136,496
Cash refunded (paid), net during the period for:    
Income taxes 2,364 518
Non-cash activities    
Unrealized gain on available-for-sale investments, net of deferred tax benefit of $2 56  
Change in foreign currency translation adjustments 75 67
Acquisitions of property and equipment included in accounts payable $ 746 $ 263