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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 27, 2018
Apr. 29, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 49,042 $ 32,623
Restricted cash 28 216
Marketable securities 23,937 32,713
Accounts receivable, net 76,104 78,846
Inventories, net 70,451 66,486
Costs and estimated earnings in excess of billings 32,449 36,403
Current maturities of long-term receivables 2,199 2,274
Prepaid expenses and other assets 7,333 7,553
Income tax receivables 2,726 611
Total current assets 264,269 257,725
Long-term receivables, less current maturities 1,948 2,616
Goodwill 8,469 7,812
Intangibles, net 4,174 4,705
Investments in affiliates and other assets 4,888 4,534
Deferred income taxes 7,983 11,292
Total noncurrent assets 27,462 30,959
PROPERTY AND EQUIPMENT:    
Land 2,172 2,099
Buildings 67,340 65,935
Machinery and equipment 88,143 84,189
Office furniture and equipment 5,799 5,604
Computer software and hardware 51,980 51,523
Equipment held for rental 287 374
Demonstration equipment 7,044 7,109
Transportation equipment 7,647 7,108
Property and equipment, gross 230,412 223,941
Less accumulated depreciation 166,117 157,192
Property and equipment, net 64,295 66,749
TOTAL ASSETS 356,026 355,433
CURRENT LIABILITIES:    
Accounts payable 40,309 51,499
Accrued expenses 27,578 25,033
Warranty obligations 13,291 13,578
Billings in excess of costs and estimated earnings 14,424 10,897
Customer deposits (billed or collected) 10,288 14,498
Deferred revenue (billed or collected) 13,906 12,137
Current portion of other long-term obligations 1,000 1,409
Income taxes payable 532 1,544
Total current liabilities 121,328 130,595
Long-term warranty obligations 15,909 14,321
Long-term deferred revenue (billed or collected) 6,916 5,434
Other long-term obligations 2,795 2,848
Long-term income tax payable 3,679 3,113
Deferred income taxes 984 836
Total long-term liabilities 30,283 26,552
TOTAL LIABILITIES 151,611 157,147
SHAREHOLDERS' EQUITY:    
Common Stock, no par value, authorized 120,000,000 shares; 44,778,945 and 44,372,357 shares issued and outstanding at January 27, 2018 and April 29, 2017, respectively 54,725 52,530
Additional paid-in capital 39,671 38,004
Retained earnings 114,028 113,967
Treasury Stock, at cost, 303,957 shares at January 27, 2018 and April 29, 2017, respectively (1,834) (1,834)
Accumulated other comprehensive loss (2,175) (4,381)
TOTAL SHAREHOLDERS' EQUITY 204,415 198,286
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 356,026 $ 355,433