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Condensed Consolidated Statement Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 27, 2013
Apr. 28, 2012
Apr. 30, 2011
OPERATING ACTIVITIES      
Net income $ 40,444 $ 8,137 $ 19,193
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:      
Loss on sale of fixed assets 0 118 73
Gain on the sale of discontinued business 0 0 (4,148)
Impairment of goodwill 4,326 0 0
Gain on investment in business 0 0 (165)
Gain on bargain purchase 0 (255) 0
Provision for depreciation 17,012 14,348 13,354
Amortization of intangible assets 1,794 1,811 2,402
Impairment of tangible assets 0 0 1,299
Stock-based compensation 3,252 3,976 3,006
Provision for bad debt 106 495 249
Deferred income taxes (7,206) (1,939) (5,207)
Changes in operating assets and liabilities:      
Accounts receivable (21,198) (13,525) (17,846)
Inventories (16,138) (3,278) (8,710)
Prepaid expenses and other current assets 9,175 (10,255) 13,841
Accounts payable and accrued expenses 1,678 25,192 (301)
NET CASH PROVIDED BY OPERATING ACTIVITIES 33,245 24,825 17,040
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (38,555) (25,744) (15,223)
Acquisition of businesses (1,434) (6,353) (2,470)
Proceeds from life insurance policies 0 0 1,515
NET CASH USED IN INVESTING ACTIVITIES (39,989) (32,097) (16,178)
FINANCING ACTIVITIES      
Proceeds from exercise of stock options 608 263 1,028
Cash dividends (10,378) (10,364) (10,329)
Proceeds from borrowings 37,000 52,000 0
Repayment of borrowings (41,500) (4,000) 0
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES (14,270) 37,899 (9,301)
Effect of foreign currency exchange rate changes on cash 28 (1,275) 2,063
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (20,986) 29,352 (6,376)
Cash and cash equivalents at beginning of year 86,797 57,445 63,821
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 65,811 $ 86,797 $ 57,445