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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2017
Cash flows from operating activities:      
Net income $ 18,410 $ 20,128 $ 127,854
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:      
Depreciation and amortization 53,859 52,075 50,213
(Gain)/loss on sale/disposition of assets (454) 44 99
Provision for losses on notes and accounts receivable 1,060 991 1,546
Impairment of long-lived tangible assets   282  
Goodwill impairment 10,396    
Deferred income taxes (2,795) (8,775) (7,840)
Change in fair value of contingent consideration (60) (1,640)  
Stock-based compensation expense 7,992 7,815 8,590
Changes in operating assets and liabilities:      
Accounts receivable (28,997) 51,380 (40,709)
Inventories (10,533) (16,971) (22,171)
Prepaid expenses and other current assets 359 514 (1,619)
Income taxes 1,780 5,848 (13,745)
Accounts payable 3,392 (20,998) 1,233
Accrued payroll and incentives 10,959 (10,754) 988
Accrued profit sharing 1,547 (11,721) 1,545
Accrued expenses and deferred revenue (7,193) (8,424) 21,238
Accrued warranty (1,224) 1,915 (1,415)
Other assets (671) (417) 1,029
Other non-current liabilities (377) 351 (3,260)
Net cash provided by operating activities 57,450 61,643 123,576
Cash flows from investing activities:      
Acquisition of businesses, net of cash acquired (1,772) (23,120) (211,069)
Refunds on machinery and equipment     2,776
Receipts from note receivable 74   65
Payments to acquire patents and software (516) (560) (638)
Proceeds from sale of property and equipment 1,336 6  
Payments to acquire property and equipment (33,949) (18,490) (34,876)
Net cash used in investing activities (34,827) (42,164) (243,742)
Cash flows from financing activities:      
Proceeds from loans and notes payable 50,000 150,000 100,000
Cash paid for debt issuance costs   (158) (525)
Payments on capital lease obligation (741) (646) (558)
Payments on notes and loans payable (81,300) (181,300) (56,300)
Proceeds from Economic Development Incentive Program     101
Payments to acquire treasury stock     (50,052)
Proceeds from exercise of options to acquire common stock, including employee stock purchase plan 2,222 2,213 2,442
Payment of employee withholding tax related to restricted stock units (649) (2,277) (4,672)
Net cash used in financing activities (30,468) (32,168) (9,564)
Net decrease in cash and cash equivalents (7,845) (12,689) (129,730)
Cash and cash equivalents, beginning of period 48,860 61,549 191,279
Cash and cash equivalents, end of period 41,015 48,860 61,549
Supplemental disclosure of cash flow information Cash paid for:      
Interest 9,473 10,624 7,650
Income taxes 10,567 1,387 85,216
Supplemental Disclosure of Non-cash Investing and Financing Activities:      
Purchases of property and equipment included in accounts payable 565 2,406 2,474
Change in fair value of interest rate swap 1,393 1,531 1,860
Contingent consideration   100 $ 1,700
Purchases of property and equipment funded by capital lease 24,271 21,974  
Capital lease obligation 24,271 $ 21,974  
Changes in note receivable $ 1,007