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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2021
Aug. 01, 2020
Operating Activities:    
Net income $ 53,816 $ 51,164
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,679 4,627
Deferred income taxes (401) (151)
Loss on disposal of property, net 6 2
Stock-based compensation 171 41
Amortization of operating right of use assets 3,562 3,399
Changes in assets and liabilities:    
Trade receivables (12,174) (18,828)
Inventories 1,546 407
Operating lease right of use assets (924) (160)
Prepaid and other assets (106) (163)
Accounts payable (3,834) 98
Accrued and other liabilities 12,509 14,056
Operating lease liabilities (2,192) (2,963)
Net cash provided by operating activities 56,658 51,529
Investing Activities:    
Additions to property, plant and equipment (4,770) (3,668)
Proceeds from sale of property, plant and equipment 0 1
Net cash used in investing activities (4,770) (3,667)
Financing Activities:    
Proceeds from stock options exercised 58 139
Net cash provided by financing activities 58 139
Net Increase in Cash and Equivalents 51,946 48,001
Cash and Equivalents - Beginning of Period 193,589 304,518
Cash and Equivalents - End of Period 245,535 352,519
Other Cash Flow Information:    
Interest paid 61 13
Income taxes paid $ 222 $ 1,240