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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Operating Activities:    
Net income $ 124,168 $ 135,015
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 13,711 13,729
Deferred income tax (benefit) provision (283) 337
Loss on sale of property, net 11 4
Stock-based compensation 524 290
Amortization of operating right of use assets 10,117 9,845
Changes in assets and liabilities:    
Trade receivables 4,270 9,252
Inventories (17,199) (7,643)
Operating lease right of use assets (5,827) (4,420)
Prepaid and other assets (4,730) (4,444)
Accounts payable (20,236) (3,001)
Accrued and other liabilities (7,724) 1,091
Operating lease liabilities (4,250) (4,884)
Net cash provided by operating activities 92,552 145,171
Investing Activities:    
Additions to property, plant and equipment (16,059) (16,997)
Proceeds from sale of property, plant and equipment 1 15
Net cash used in investing activities (16,058) (16,982)
Financing Activities:    
Borrowing under loan facility 50,000 0
Proceeds from stock options exercised 292 475
Dividend paid (280,003) (279,876)
Net cash used in financing activities (229,711) (279,401)
Net Decrease in Cash and Equivalents (153,217) (151,212)
Cash and Equivalents - Beginning of Period 193,589 304,518
Cash and Equivalents - End of Period 40,372 153,306
Other Cash Flow Information:    
Interest paid 189 117
Income taxes paid $ 42,401 $ 51,031