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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jul. 27, 2019
Jul. 28, 2018
Cash flows from operating activities    
Net income $ 17,988 $ 18,951
Adjustments to reconcile net income to cash provided by (used for) operating activities    
Gain on disposal of assets (536)  
Change in deferred taxes (677) (183)
Provision for doubtful accounts 116 279
Depreciation and amortization 7,298 7,541
Equity-based compensation expense 1,675 2,040
Change in receivables 8,535 14,236
Change in inventories (527) (11,092)
Change in other assets 7,305 463
Change in payables (1,391) 2,491
Change in other liabilities (20,446) (2,572)
Net cash provided by operating activities 19,340 32,154
Cash flows from investing activities    
Proceeds from disposals of assets 22 61
Proceeds from insurance 642 58
Capital expenditures (12,299) (15,873)
Purchases of investments (5,288) (4,190)
Proceeds from sales of investments 4,060 4,762
Acquisitions (5,438)  
Net cash used for investing activities (18,301) (15,182)
Cash flows from financing activities    
Payments on debt and finance lease liabilities (47) (59)
Stock issued for stock and employee benefit plans, net of shares withheld for taxes (1,417) (2,009)
Purchases of common stock (12,313) (7,944)
Dividends paid (6,112) (5,625)
Net cash used for financing activities (19,889) (15,637)
Effect of exchange rate changes on cash and equivalents 655 (1,601)
Change in cash, cash equivalents and restricted cash (18,195) (266)
Cash, cash equivalents and restricted cash at beginning of period 131,787 136,871
Cash, cash equivalents and restricted cash at end of period 113,592 136,605
Supplemental disclosure of non-cash investing activities    
Capital expenditures included in payables $ 2,416 $ 4,122