XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Nov. 01, 2014
Oct. 26, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 16,482 $ 17,509
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,377 7,190
Amortization 124 181
Amortization of premium/discount on marketable securities 91 116
Gain on sale of property, equipment and other assets (1,202) (76)
Share-based compensation 1,564 1,456
Excess tax benefits from share-based compensation (31) (19)
Provision for doubtful accounts (136) 364
Deferred income taxes, net 301 578
Change in operating assets and liabilities 11,764 3,719
Net cash provided by operating activities 36,334 31,018
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (12,699) (6,285)
Proceeds from sale of property, equipment and other assets 4,001 133
Purchases of marketable securities (6,451) (4,422)
Proceeds from sales or maturities of marketable securities 6,316 2,958
Acquisitions, net of cash acquired (5,915) (1,298)
Net cash used in investing activities (14,748) (8,914)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on notes payable (229) 0
Proceeds from exercise of stock options 1,010 2,145
Excess tax benefits from share-based compensation 31 19
Principal payments on long-term obligations 930 3,640
Dividends paid (8,656) (8,934)
Net cash used in financing activities (8,774) (10,410)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (431) (86)
NET INCREASE IN CASH AND CASH EQUIVALENTS 12,381 11,608
CASH AND CASH EQUIVALENTS:    
Beginning of period 45,054 40,628
End of period 57,435 52,236
Cash payments for:    
Interest 217 47
Income taxes, net of refunds 9,812 10,832
Supplemental schedule of non-cash investing and financing activities:    
Demonstration equipment transferred to inventory 39 259
Purchase of property and equipment included in accounts payable 1,516 699
Contributions of common stock under the employee stock purchase plan $ 1,737 $ 766