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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Nov. 02, 2019
Oct. 27, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 14,304 $ 13,180
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,724 9,300
Gain (loss) on sale of property, equipment and other assets 30 (93)
Share-based compensation 1,184 1,263
Contingent consideration adjustment 0 (956)
Equity in loss of affiliate 241 265
Provision for doubtful accounts (535) 51
Deferred income taxes, net (64) (85)
Change in operating assets and liabilities (34,156) (368)
Net cash (used in) provided by operating activities (10,272) 22,557
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (9,768) (9,833)
Proceeds from sales of property, equipment and other assets 149 182
Purchases of marketable securities 0 (9,209)
Proceeds from sales or maturities of marketable securities 22,775 12,034
Purchases of and loans to equity investment (896) (854)
Acquisitions, net of cash acquired 0 2,250
Net cash provided by (used in) investing activities 12,260 (9,930)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on long-term obligations (1,931) (431)
Dividends paid (4,500) (6,252)
Proceeds from exercise of stock options 0 57
Payments for common shares repurchased 1,682 0
Tax payments related to RSU issuances 199 246
Net cash used in financing activities (8,312) (6,872)
EFFECT OF EXCHANGE RATE CHANGES (94) 73
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (6,418) 5,828
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 35,742 29,755
End of period 29,324 35,583
Cash payments for:    
Interest 117 84
Income taxes, net of refunds 1,051 954
Supplemental schedule of non-cash investing and financing activities:    
Demonstration equipment transferred to inventory 0 97
Purchases of property and equipment included in accounts payable 1,469 2,348
Contributions of common stock under the ESPP $ 1,577 $ 820