XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Oct. 30, 2021
Oct. 31, 2020
Net Income (Loss) Attributable to Parent $ (21,818) $ (39,137)
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization expense 24,576 27,256
Content Amortization 2,586 2,386
Amortization of Debt Issuance Costs 725 541
COGS Inventory Loss and Markdown 434 0
Deferred Income Tax Expense (Benefit) 0 (426)
Share-based Compensation 2,600 2,701
Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net 1,462 5,016
Increase (Decrease) in Operating Liabilities 286 6,597
Net Cash Provided by (Used in) Operating Activities 24,142 91,386
Cash flows from investing activities:    
Purchases of property and equipment (21,264) (16,197)
Increase (Decrease) in Other Noncurrent Assets 460 3
Net cash flows used in investing activities (20,804) (16,194)
Cash flows from financing activities:    
Proceeds from borrowings on Credit Facility 259,720 330,800
Repayments of borrowings on Credit Facility (254,020) (406,000)
Payments for Repurchase of Common Stock (2,359) (881)
Proceeds from Stock Options Exercised 37 0
Net cash flows used in financing activities 3,378 (76,081)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 6,716 (889)
Changes in other operating assets and liabilities, net:    
Receivables, net (96,981) (76,642)
Merchandise inventories (89,851) (28,738)
Textbook rental inventories (21,950) (10,026)
Prepaid expenses and other current assets (3,288) (7,585)
Accounts payable and accrued liabilities 225,361 209,443
Changes in other operating assets and liabilities, net (13,291) (86,452)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 16,814 9,008
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 23,530 $ 8,119