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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 28, 2018
Apr. 29, 2017
Apr. 30, 2016
Operating Activities:      
Net income $ 149,774 $ 107,045 $ 61,198
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 13,226 12,834 12,056
Deferred income tax provision (benefit) 676 1,358 (1,299)
Loss on disposal of property, net 149 72 129
Stock-based compensation 161 208 228
Stock-based tax benefits 495 1,528
Changes in assets and liabilities:      
Trade receivables (13,041) (10,273) (1,095)
Inventories (7,565) (5,433) (4,998)
Prepaid and other assets (5,437) (2,205) (485)
Accounts payable 16,753 8,709 4,495
Accrued and other liabilities 25 1,457 8,726
Net cash provided by operating activities 154,721 114,267 80,483
Investing Activities:      
Additions to property, plant and equipment (31,974) (14,015) (12,140)
Proceeds from sale of property, plant and equipment 63 28 116
Net cash used in investing activities (31,911) (13,987) (12,024)
Financing Activities:      
Dividends paid on common stock (69,878) (69,850)
Dividends paid on preferred stock (186)
Repayments under credit facilities, net (10,000)
Redemption of preferred stock (6,000)
Proceeds from stock options exercised 560 365 848
Net cash used in financing activities (69,318) (69,485) (15,338)
Net Increase in Cash and Equivalents 53,492 30,795 53,121
Cash and Equivalents - Beginning of Year 136,372 105,577 52,456
Cash and Equivalents - End of Year 189,864 136,372 105,577
Other Cash Flow Information:      
Interest paid 101 202 116
Income taxes paid $ 56,737 $ 55,901 $ 29,473