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Condensed Consolidated Statement Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
May 03, 2014
Apr. 27, 2013
Apr. 28, 2012
OPERATING ACTIVITIES      
Net income $ 96.2 $ 40.4 $ 8.2
Adjustments to reconcile net income to net cash provided by operating activities:      
Loss on sale of fixed assets 0.2 0 0.1
Impairment of goodwill and intangible assets 1.7 4.3 0
Gain on bargain purchase 0 0 (0.3)
Provision for depreciation 22.1 17.0 14.3
Amortization of intangible assets 1.8 1.8 1.8
Stock-based compensation 3.3 3.3 4.0
Provision for bad debt 0 0.1 0.5
Deferred income taxes (29.2) (7.2) (2.0)
Changes in operating assets and liabilities:      
Accounts receivable (49.7) (21.2) (13.4)
Inventories (11.0) (16.1) (3.3)
Prepaid expenses and other current assets 0.2 9.1 (10.3)
Accounts payable and accrued expenses 36.8 1.7 25.2
NET CASH PROVIDED BY OPERATING ACTIVITIES 72.4 33.2 24.8
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (29.0) (38.6) (25.7)
Acquisition of businesses 0 (1.4) (6.4)
Sale of investment 6.1 0 0
NET CASH USED IN INVESTING ACTIVITIES (22.9) (40.0) (32.1)
FINANCING ACTIVITIES      
Proceeds from exercise of stock options 5.0 0.6 0.3
Tax benefit from stock option exercises 0.4 0 0
Cash dividends (11.3) (10.3) (10.4)
Proceeds from borrowings 38.0 37.0 52.0
Repayment of borrowings (33.5) (41.5) (4.0)
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES (1.4) (14.2) 37.9
Effect of foreign currency exchange rate changes on cash 2.5 0 (1.2)
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 50.6 (21.0) 29.4
Cash and cash equivalents at beginning of year 65.8 86.8 57.4
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 116.4 $ 65.8 $ 86.8