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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2013
Cash flows from operating activities:      
Net income $ 49,613 $ 89,305 $ 78,713
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 30,893 21,704 16,730
Loss on sale of discontinued operations     1,222
Loss on sale/disposition of assets 267 150 315
Provision for/(recoveries of) losses on accounts receivable 122 (214) 720
Change in disposal group assets and liabilities     (1,215)
Deferred income taxes 2,341 (1,463) 4,009
Stock-based compensation expense 5,808 8,212 4,073
Changes in operating assets and liabilities (net effect of acquisitions):      
Accounts receivable 10,983 (9,588) 1,505
Inventories 25,662 (23,744) (7,702)
Prepaid expenses and other current assets (569) (1,856) (285)
Income tax receivable/(payable) 8,965 (1,534) (3,384)
Accounts payable (7,345) 6,468 2,602
Accrued payroll (9,525) 2,720 3,489
Accrued taxes other than income (86) 10 1,079
Accrued profit sharing (4,895) 1,473 1,547
Accrued expenses 1,447 (477) (5,125)
Accrued warranty 891 (244) 408
Other assets (348) (356) (1,930)
Other non-current liabilities 583 (360) 1,327
Net cash provided by operating activities 114,807 90,206 98,098
Cash flows from investing activities:      
Proceeds from sale of the net assets of SWSS LLC     7,500
Refunds of/(payments for) deposits on machinery and equipment 1,431 (9,269)  
Receipts from note receivable 81 77 73
Payments to acquire patents and software (392) (243) (102)
Proceeds from sale of property and equipment 264 101 1,040
Payments to acquire property and equipment (28,199) (53,282) (41,421)
Net cash used in investing activities (186,057) (62,616) (32,910)
Cash flows from financing activities:      
Proceeds from loans and notes payable 175,000 101,584 1,753
Cash paid for debt issue costs (2,558) (3,791)  
Payments on capital lease obligation (596) (596) (600)
Payments on notes payable (100,000) (45,143) (8,195)
Proceeds from Economic Development Incentive Program 640 722  
Payments to acquire treasury stock (30,040) (115,887) (20,000)
Proceeds from exercise of options to acquire common stock, including employee stock purchase plan 3,103 3,315 4,808
Payroll taxes paid as a result of restricted stock unit withholdings (1,708) (2,068) (209)
Excess tax benefit of stock-based compensation 771 2,647 1,025
Net cash provided by/(used in) financing activities 44,612 (59,217) (21,418)
Net (decrease)/increase in cash and cash equivalents (26,638) (31,627) 43,770
Cash and cash equivalents, beginning of period 68,860 100,487 56,717
Cash and cash equivalents, end of period 42,222 68,860 100,487
Supplemental disclosure of cash flow information Cash paid for:      
Interest 8,617 7,688 5,295
Income taxes 16,926 $ 48,778 $ 44,087
Tri Town Precision Plastics Inc      
Cash flows from investing activities:      
Payments to acquire business, net of cash acquired (23,805)    
BTI Acquisition      
Cash flows from investing activities:      
Payments to acquire business, net of cash acquired $ (135,437)