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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Apr. 30, 2022
May 01, 2021
May 02, 2020
Operating activities:      
Net income $ 102.2 $ 122.3 $ 123.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 52.6 51.5 48.3
Stock-based compensation expense 11.8 6.8 0.3
Change in cash surrender value of life insurance 0.1 (2.0)  
Amortization of debt issuance costs 0.7 0.7 0.7
(Gain) loss on sale of business/investment/property (0.3) 1.3 (0.4)
Impairment of long-lived assets 3.1    
Change in deferred income taxes (2.1) (9.6) 8.0
Other 0.5 2.0 (0.2)
Changes in operating assets and liabilities:      
Accounts receivable (2.0) (81.9) 27.4
Inventories (39.3) 11.3 (15.8)
Prepaid expenses and other assets 1.5 17.9 (3.6)
Accounts payable (8.7) 44.0 (15.5)
Other liabilities (21.3) 15.5 (32.0)
Net cash provided by operating activities 98.8 179.8 140.6
Investing activities:      
Purchases of property, plant and equipment (38.0) (24.9) (45.1)
Sale of business/investment/property 0.6 0.1 0.6
Net cash used in investing activities (37.4) (24.8) (44.5)
Financing activities:      
Taxes paid related to net share settlement of equity awards (0.3) (3.9) (0.4)
Repayments of finance leases (0.7) (0.5) (0.7)
Proceeds from exercise of stock options 0.5 0.8  
Purchases of common stock (64.5) (6.7)  
Cash dividends (20.4) (17.4) (16.3)
Proceeds from borrowings   1.5 157.5
Repayments of borrowings (29.2) (116.7) (98.4)
Net cash (used in) provided by financing activities (114.6) (142.9) 41.7
Effect of foreign currency exchange rate changes on cash and cash equivalents (8.0) 3.8 (3.7)
(Decrease) increase in cash and cash equivalents (61.2) 15.9 134.1
Cash and cash equivalents at beginning of the year 233.2 217.3 83.2
Cash and cash equivalents at end of the year 172.0 233.2 217.3
Cash paid during the period for:      
Interest 3.6 5.3 9.9
Income taxes, net of refunds $ 32.3 $ 16.0 $ 21.1