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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2015
May. 02, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 27,460 $ 57,284
Restricted cash 195 496
Marketable securities 24,935 25,346
Accounts receivable, net 90,938 80,857
Inventories, net 69,441 64,389
Costs and estimated earnings in excess of billings 28,906 35,068
Current maturities of long-term receivables 3,143 3,784
Prepaid expenses and other assets 6,160 6,663
Deferred income taxes 10,452 10,640
Income tax receivables 6,635 5,543
Total current assets 268,265 290,070
Long-term receivables, less current maturities 5,160 6,090
Goodwill 5,371 5,269
Intangibles, net 1,721 1,824
Investment in affiliates and other assets 2,456 2,680
Deferred income taxes 721 702
Total noncurrent assets 15,429 16,565
PROPERTY AND EQUIPMENT:    
Land 2,139 2,147
Buildings 64,948 64,186
Machinery and equipment 85,113 80,664
Office furniture and equipment 15,827 15,823
Computer software and hardware 53,618 51,083
Equipment held for rental 803 803
Demonstration equipment 7,543 7,299
Transportation equipment 6,266 6,012
Property and equipment, gross 236,257 228,017
Less accumulated depreciation 161,513 155,173
Property and equipment, net 74,744 72,844
TOTAL ASSETS 358,438 379,479
CURRENT LIABILITIES:    
Accounts payable 44,182 52,747
Accrued expenses 25,992 26,063
Warranty obligations 13,486 11,838
Billings in excess of costs and estimated earnings 12,583 23,797
Customer deposits (billed or collected) 13,103 16,828
Deferred revenue (billed or collected) 11,501 9,524
Current portion of other long-term obligations 499 587
Income taxes payable 257 636
Total current liabilities 121,603 142,020
Long-term warranty obligations 14,978 14,643
Long-term deferred revenue (billed or collected) 3,958 3,914
Other long-term obligations, less current maturities 2,229 3,190
Long-term income tax payable 2,934 2,734
Deferred income taxes 1,389 939
Total long-term liabilities 25,488 25,420
TOTAL LIABILITIES 147,091 167,440
SHAREHOLDERS' EQUITY:    
Common Stock, no par value, authorized 120,000,000 shares; 43,863,600 and 43,643,801 shares issued and outstanding at October 31, 2015 and May 2, 2015, respectively 49,570 48,960
Additional paid-in capital 33,971 32,693
Retained earnings 130,954 132,771
Treasury Stock, at cost, 19,680 shares (9) (9)
Accumulated other comprehensive loss (3,139) (2,376)
TOTAL SHAREHOLDERS' EQUITY 211,347 212,039
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 358,438 $ 379,479