XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jan. 27, 2018
Jan. 28, 2017
Operating Activities:    
Net Income $ 20.4 $ 69.7
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Gain on Sale of Licensing Agreement (1.6) 0.0
Provision for Depreciation 16.3 15.8
Amortization of Intangible Assets 3.7 1.8
Stock-based Compensation 3.3 9.8
Provision for Bad Debt 0.1 0.0
Change in Deferred Income Taxes (12.2) 0.0
Changes in Operating Assets and Liabilities:    
Accounts Receivable 5.9 16.5
Inventories (5.8) 3.1
Prepaid Expenses and Other Assets 14.6 (7.5)
Accounts Payable and Other Expenses 42.4 (2.5)
Net Cash Provided by Operating Activities 87.1 106.7
Investing Activities:    
Purchases of Property, Plant and Equipment (34.7) (13.2)
Acquisition of Business, Net of Cash Received (129.9) 0.0
Purchases of Technology Licenses, Net (0.7) 0.0
Sale of Business/Investment/Property 0.3 0.0
Net Cash Used in Investing Activities (165.0) (13.2)
Financing Activities:    
Taxes Paid Related to Net Share Settlement of Equity Awards (0.3) (1.1)
Purchase of Common Stock 0.0 (9.8)
Proceeds from Exercise of Stock Options 0.2 2.7
Tax Benefit from Stock Option Exercises 0.0 0.5
Cash Dividends (10.6) (10.3)
Proceeds from Borrowings 71.3 0.0
Repayment of Borrowings (3.0) (20.0)
Net Cash Provided (Used) in Financing Activities 57.6 (38.0)
Effect of Foreign Currency Exchange Rate Changes on Cash 30.3 (14.5)
Increase in Cash and Cash Equivalents 10.0 41.0
Cash and Cash Equivalents at Beginning of Year 294.0 227.8
Cash and Cash Equivalents at End of Period $ 304.0 $ 268.8