XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 26, 2019
Jan. 27, 2018
Cash flows from operating activities    
Net income $ 68,474 $ 47,235
Adjustments to reconcile net income to cash provided by (used for) operating activities    
(Gain)/ Loss on disposal of assets 41 (1,849)
Gain on conversion of investment   (2,204)
Change in deferred taxes 2,538 10,543
Provision for doubtful accounts 477 198
Depreciation and amortization 23,182 23,671
Equity-based compensation expense 8,174 7,929
Pension plan contributions (7,000) (2,000)
Change in receivables 1,152 5,057
Change in inventories (18,950) (9,142)
Change in other assets (10,103) (3,304)
Change in payables 4,954 12,529
Change in other liabilities 18,509 2,537
Net cash provided by operating activities 91,448 91,200
Cash flows from investing activities    
Proceeds from disposals of assets 447 620
Proceeds from property insurance 154 1,807
Capital expenditures (35,766) (24,138)
Purchases of investments (14,956) (24,124)
Proceeds from sales of investments 14,304 17,109
Acquisitions, net of cash acquired (78,582) (16,495)
Net cash used for investing activities (114,399) (45,221)
Cash flows from financing activities    
Net proceeds from credit facility 20,000  
Payments on debt (169) (203)
Payments for debt issuance costs   (220)
Stock issued for stock and employee benefit plans, net of shares withheld for taxes 4,012 1,418
Purchases of common stock (16,726) (46,074)
Dividends paid (17,381) (16,343)
Net cash used for financing activities (10,264) (61,422)
Effect of exchange rate changes on cash and equivalents (74) 2,204
Change in cash, cash equivalents and restricted cash (33,289) (13,239)
Cash, cash equivalents and restricted cash at beginning of period 136,871 150,859
Cash, cash equivalents and restricted cash at end of period 103,582 137,620
Supplemental disclosure of non-cash investing activities    
Capital expenditures included in payables $ 2,827 $ 3,926