XML 26 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Apr. 29, 2023
USD ($)
Apr. 30, 2022
USD ($)
May 01, 2021
USD ($)
Cash flows from operating activities:      
Net income (loss) $ (101,862) $ (68,857) $ (139,810)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (11,722) (7,298) (6,241)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (90,140) (61,559) (133,569)
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization expense 42,163 42,124 45,204
Impairment loss (non-cash) 6,008 6,411 27,630
COGS Inventory Loss and Markdown 0 434 14,960
Content amortization expenses 26 386 745
Amortization of deferred financing costs 3,129 1,472 1,112
Deferred taxes 409 (17,838) (7,772)
Stock-based compensation expense 4,715 5,726 4,678
Increase (Decrease) in Operating Liabilities 5,912 (8,475) (4,367)
Changes in other long-term liabilities 2,711 (3,291) 9,454
Changes in other operating assets and liabilities, net 115,580 18,415 68,974
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 90,513 (16,195) 27,049
Cash Provided by (Used in) Operating Activities, Discontinued Operations 1,157 17,356 5,847
Net Cash Provided by (Used in) Operating Activities 91,670 1,161 32,896
Cash flows from investing activities:      
Purchases of property and equipment (25,092) (33,607) (27,562)
Increase (Decrease) in Other Noncurrent Assets (591) (872) (335)
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (24,501) (32,735) (27,227)
Cash Provided by (Used in) Investing Activities, Discontinued Operations (6,542) (9,926) (9,661)
Net Cash Provided by (Used in) Investing Activities (31,043) (42,661) (36,888)
Cash flows from financing activities:      
Proceeds from borrowings on Credit Facility 590,303 632,220 722,600
Repayments of borrowings on Credit Facility (631,849) (584,120) (719,700)
Payments of deferred financing costs (7,265) (265) (1,076)
Proceeds from Sale of Treasury Stock 0 0 10,869
Payments for Repurchase of Common Stock (864) (2,370) (894)
Proceeds from Stock Options Exercised 0 256 0
Net Cash Provided by (Used in) Financing Activities, Continuing Operations (49,675) 45,721 11,799
Cash Provided by (Used in) Financing Activities, Discontinued Operations 0 0 0
Net Cash Provided by (Used in) Financing Activities (49,675) 45,721 11,799
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 10,952 4,221 7,807
Cash and cash equivalents at beginning of period 31,988 21,036 16,815
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations (1,057) (696) (645)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations 30,931 20,340 16,170
Changes in other operating assets and liabilities, net:      
Receivables, net (43,489) 15,532 30,244
Merchandise inventories 29,125 13,176 (132,867)
Textbook rental inventories 737 920 (12,018)
Prepaid expenses and other current assets (19,610) (2,100) 35,256
Accounts payable and accrued liabilities 82,343 45,943 (10,411)
Changes in other operating assets and liabilities, net 115,580 18,415 68,974
Supplemental Cash Flow Information [Abstract]      
Interest Paid, Excluding Capitalized Interest, Operating Activities 19,024 8,166 6,778
Income taxes paid (net of refunds) $ (15,216) $ (8,007) $ 6,008