XML 28 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Oct. 26, 2013
Oct. 27, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 17,509 $ 18,225
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,190 7,717
Amortization 181 114
Amortization of premium/discount on marketable securities 116 93
Gain on sale of property and equipment (76) (11)
Share-based compensation 1,456 1,654
Excess tax benefits from share-based compensation (19) (13)
Provision for doubtful accounts 364 (187)
Deferred income taxes, net 186 (258)
Change in operating assets and liabilities 3,719 6,708
Net cash provided by operating activities 30,626 34,042
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (6,285) (4,331)
Proceeds from sale of property and equipment 133 119
Purchases of marketable securities (4,422) (6,828)
Proceeds from sales or maturities of marketable securities 2,958 5,992
Acquisition, net of cash acquired (1,298) 0
Net cash used in investing activities (8,914) (5,048)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on notes payable 0 (982)
Proceeds from exercise of stock options 2,145 439
Excess tax benefits from share-based compensation 19 13
Principal payments on long-term obligations 3,640 0
Dividends paid (8,934) (4,832)
Net cash used in financing activities (10,410) (5,362)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 306 39
NET INCREASE IN CASH AND CASH EQUIVALENTS 11,608 23,671
CASH AND CASH EQUIVALENTS:    
Beginning of period 40,628 29,423
End of period 52,236 53,094
Cash payments for:    
Interest 47 149
Income taxes, net of refunds 10,832 1,783
Supplemental schedule of non-cash investing and financing activities:    
Demonstration equipment transferred to inventory 259 367
Purchases of property and equipment included in accounts payable 699 706
Contributions of common stock under the employee stock purchase plan $ 766 $ 732