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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Oct. 26, 2024
Oct. 28, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 16,460 $ 21,361
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,794 9,494
(Gain) loss on sale of property, equipment and other assets (40) 101
Share-based compensation 1,050 1,091
Equity in loss of affiliates 1,832 1,461
(Recoveries of) provision for doubtful accounts, net (152) 240
Deferred income taxes, net 13 20
Non-cash impairment charges 0 654
Change in fair value of convertible note 11,286 17,910
Debt issuance costs write-off 0 3,353
Change in operating assets and liabilities 22,577 (11,374)
Net cash provided by operating activities 62,820 44,311
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (10,466) (9,226)
Proceeds from sales of property, equipment and other assets 124 52
Purchases of equity and loans to equity investees (2,041) (2,899)
Net cash used in investing activities (12,383) (12,073)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on notes payable 0 40,000
Payments on notes payable (1,358) (18,125)
Principal payments on long-term obligations (206) (204)
Debt issuance costs 0 (6,454)
Proceeds from exercise of stock options 4,188 1,005
Tax payments related to RSU issuances (591) (303)
Net cash provided by financing activities 2,033 15,919
EFFECT OF EXCHANGE RATE CHANGES ON CASH 204 139
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 52,674 48,296
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 81,678 24,690
End of period 134,352 72,986
Cash paid for:    
Interest 1,770 1,027
Income taxes, net of refunds 12,910 11,874
Supplemental schedule of non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable 2,343 1,443
Contributions of common stock under the ESPP $ 569 $ 614