XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 27, 2018
Jan. 28, 2017
Cash flows from operating activities    
Net income $ 47,235 $ 58,755
Adjustments to reconcile net income to cash provided by (used for) operating activities    
Gain on disposal of assets (1,849) (103)
Gain on conversion of investment (2,204)  
Deferred income tax expense 10,543 3,214
Provision for doubtful accounts 198 (64)
Depreciation and amortization 23,671 21,311
Equity-based compensation expense 7,929 7,571
Pension plan contributions (2,000) (2,300)
Change in receivables 5,057 (576)
Change in inventories (9,142) (5,929)
Change in other assets (3,304) (4,415)
Change in payables 12,529 6,359
Change in other liabilities 2,537 9,191
Net cash provided by operating activities 91,200 93,014
Cash flows from investing activities    
Proceeds from disposals of assets 620 273
Proceeds from property insurance 1,807  
Capital expenditures (24,138) (15,529)
Purchases of investments (24,124) (20,778)
Proceeds from sales of investments 17,109 13,899
Acquisitions, net of cash acquired (16,495) (35,878)
Net cash used for investing activities (45,221) (58,013)
Cash flows from financing activities    
Payments on debt (203) (217)
Payments for debt issuance costs (220)  
Stock issued for stock and employee benefit plans, net of shares withheld for taxes 1,418 1,739
Excess tax benefit on stock option exercises   1,924
Purchases of common stock (46,074) (25,062)
Dividends paid (16,343) (15,270)
Net cash used for financing activities (61,422) (36,886)
Effect of exchange rate changes on cash and equivalents 2,204 (139)
Change in cash, cash equivalents and restricted cash (13,239) (2,024)
Cash, cash equivalents and restricted cash at beginning of period 150,859 121,335
Cash, cash equivalents and restricted cash at end of period 137,620 119,311
Supplemental disclosure of non-cash investing activities    
Capital expenditures included in payables $ 3,926 $ 1,012