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Condensed Consolidated Statement Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 28, 2018
Apr. 29, 2017
Apr. 30, 2016
OPERATING ACTIVITIES:      
Net Income $ 57.2 $ 92.9 $ 84.6
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Gain on Sale of Fixed Assets 0.0 0.0 (0.7)
Gain on Sale of Licensing Agreement (1.6) 0.0 0.0
Provision for Depreciation 22.5 22.0 21.5
Amortization of Intangibles 5.6 2.3 2.4
Stock-based Compensation 4.0 12.4 7.4
Provision for Bad Debt 0.0 0.2 0.0
Change in Deferred Income Taxes (12.7) (3.9) 8.2
Changes in Operating Assets and Liabilities:      
Accounts Receivable 2.8 5.6 (6.0)
Inventories (7.2) 7.4 4.5
Prepaid Expenses and Other Assets 7.4 (4.8) 0.1
Accounts Payable and Other Expenses 39.8 11.1 (11.3)
NET CASH PROVIDED BY OPERATING ACTIVITIES 117.8 145.2 110.7
INVESTING ACTIVITIES:      
Purchases of Property, Plant and Equipment (47.7) (22.4) (23.2)
Acquisition of Businesses (130.9) 0.0 0.0
Acquisition of Technology Licenses (0.7) 0.0 0.0
Sale of Business/Investment/Property 0.3 0.7 1.6
NET CASH USED IN INVESTING ACTIVITIES (179.0) (21.7) (21.6)
FINANCING ACTIVITIES:      
Taxes Paid Related to Net Share Settlement of Equity Awards (0.3) (1.1) (7.7)
Purchase of Common Stock 0.0 (9.8) (62.3)
Proceeds from Exercise of Stock Options 0.3 2.7 0.6
Tax Benefit from Stock Option Exercises 0.0 4.9 2.2
Cash Dividends (14.7) (13.7) (13.5)
Proceeds from Borrowings 81.4 0.0 71.0
Repayment of Borrowings (79.4) (30.0) (19.0)
NET CASH USED IN FINANCING ACTIVITIES (12.7) (47.0) (28.7)
Effect of Foreign Currency Exchange Rate Changes on Cash 26.0 (10.3) (0.7)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (47.9) 66.2 59.7
Cash and Cash Equivalents at Beginning of Year 294.0 227.8 168.1
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 246.1 $ 294.0 $ 227.8