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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Oct. 26, 2019
Oct. 27, 2018
OPERATING ACTIVITIES    
Net Income $ 52.1 $ 38.3
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Change in Cash Surrender Value of Life Insurance (0.3) 0.0
Amortization of Debt Issuance Costs 0.3 0.2
Gain on Sale of Fixed Assets 0.0 (0.7)
Gain on Sale of Business (0.5) 0.0
Depreciation 14.2 12.8
Amortization of Intangible Assets 9.5 5.6
Stock-based Compensation Expense 4.0 10.9
Provision for Bad Debt 0.0 0.1
Change in Deferred Income Taxes 0.4 (0.4)
Changes in Operating Assets and Liabilities:    
Accounts Receivable 10.7 (8.2)
Inventories (18.1) (5.2)
Prepaid Expenses and Other Assets (10.2) (13.2)
Accounts Payable and Other Liabilities 5.7 (4.0)
NET CASH PROVIDED BY OPERATING ACTIVITIES 67.8 36.2
INVESTING ACTIVITIES    
Purchases of Property, Plant and Equipment (26.8) (28.6)
Acquisitions of Businesses, Net of Cash Acquired 0.0 (421.6)
Sale of Business/Investment/Property 0.6 0.7
NET CASH USED IN INVESTING ACTIVITIES (26.2) (449.5)
FINANCING ACTIVITIES    
Taxes Paid Related to Net Share Settlement of Equity Awards (0.4) (1.7)
Repayments of Finance Leases (0.3) 0.0
Cash Dividends (8.2) (8.6)
Proceeds from Borrowings 26.4 348.0
Repayments of Borrowings (44.2) (46.6)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (26.7) 291.1
Effect of Foreign Currency Exchange Rate Changes on Cash and Cash Equivalents (2.5) (13.0)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12.4 (135.2)
Cash and Cash Equivalents at Beginning of the Year 83.2 246.1
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 95.6 110.9
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest 5.6 1.6
Income Taxes, Net of Refunds $ 10.9 $ 14.9