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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Oct. 24, 2015
Oct. 25, 2014
Cash flows from operating activities    
Net income $ 35,782 $ 33,019
Adjustments to reconcile net income to cash provided by (used for) operating activities    
Restructuring 352 (332)
Deferred income tax expense (benefit) 138 (1,799)
Provision for doubtful accounts (426) (1,113)
Depreciation and amortization 12,679 10,996
Equity-based compensation expense 5,123 5,047
Pension plan contributions (7,000)  
Change in receivables 4,980 (2,135)
Change in inventories (21,501) (11,006)
Change in other assets (5,656) 6,253
Change in payables (628) (785)
Change in other liabilities (2,120) (6,377)
Net cash provided by operating activities 21,723 31,768
Cash flows from investing activities    
Proceeds from disposal of assets 2,491 6,534
Capital expenditures (13,949) (40,580)
Purchases of investments (11,693) (24,224)
Proceeds from sales of investments 19,409 17,827
Acquisitions, net of cash acquired (19,232)  
Change in restricted cash 660 7,287
Net cash used for investing activities (22,314) (33,156)
Cash flows from financing activities    
Net proceeds from credit facility 4,000  
Payments on debt (283) (7,358)
Stock issued for stock and employee benefit plans 253 161
Excess tax benefit on stock option exercises 392 252
Purchases of common stock (18,461) (19,654)
Dividends paid (8,112) (6,274)
Net cash used for financing activities (22,211) (32,873)
Effect of exchange rate changes on cash and equivalents (934) (75)
Change in cash and equivalents (23,736) (34,336)
Cash and equivalents at beginning of period 98,302 149,661
Cash and equivalents at end of period $ 74,566 115,325
Supplemental disclosure of non-cash investing activities    
Capital expenditures included in payables   $ 5,339