XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 29, 2017
Apr. 29, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 26,868 $ 32,623
Restricted cash 222 216
Marketable securities 25,020 32,713
Accounts receivable, net 100,867 78,846
Inventories, net 74,412 66,486
Costs and estimated earnings in excess of billings 46,355 36,403
Current maturities of long-term receivables 2,011 2,274
Prepaid expenses and other assets 6,857 7,553
Income tax receivables 316 611
Total current assets 282,928 257,725
Long-term receivables, less current maturities 2,392 2,616
Goodwill 8,271 7,812
Intangibles, net 4,778 4,705
Investments in affiliates and other assets 4,951 4,534
Deferred income taxes 11,283 11,292
Total noncurrent assets 31,675 30,959
PROPERTY AND EQUIPMENT:    
Land 2,132 2,099
Buildings 66,427 65,935
Machinery and equipment 85,198 84,189
Office furniture and equipment 5,621 5,604
Computer software and hardware 52,067 51,523
Equipment held for rental 374 374
Demonstration equipment 7,136 7,109
Transportation equipment 7,398 7,108
Property and equipment, gross 226,353 223,941
Less accumulated depreciation 161,060 157,192
Property and equipment, net 65,293 66,749
TOTAL ASSETS 379,896 355,433
CURRENT LIABILITIES:    
Accounts payable 54,505 51,499
Accrued expenses 26,555 25,033
Warranty obligations 14,085 13,578
Billings in excess of costs and estimated earnings 14,636 10,897
Customer deposits (billed or collected) 18,402 14,498
Deferred revenue (billed or collected) 13,739 12,137
Current portion of other long-term obligations 764 1,409
Income taxes payable 3,036 1,544
Total current liabilities 145,722 130,595
Long-term warranty obligations 15,668 14,321
Long-term deferred revenue (billed or collected) 5,365 5,434
Other long-term obligations 2,563 2,848
Long-term income tax payable 3,265 3,113
Deferred income taxes 914 836
Total long-term liabilities 27,775 26,552
TOTAL LIABILITIES 173,497 157,147
SHAREHOLDERS' EQUITY:    
Common Stock, no par value, authorized 120,000,000 shares; 44,511,290 and 44,372,357 shares issued and outstanding at July 29, 2017 and April 29, 2017, respectively 53,561 52,530
Additional paid-in capital 38,677 38,004
Retained earnings 119,302 113,967
Treasury Stock, at cost, 303,957 shares at July 29, 2017 and April 29, 2017, respectively (1,834) (1,834)
Accumulated other comprehensive loss (3,307) (4,381)
TOTAL SHAREHOLDERS' EQUITY 206,399 198,286
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 379,896 $ 355,433