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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Operating Activities:    
Net income $ 35,454 $ 53,816
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,461 4,679
Deferred income taxes 1,072 (401)
Loss on disposal of property, net 6 6
Stock-based compensation 170 171
Amortization of operating right of use assets 3,164 3,562
Changes in assets and liabilities:    
Trade receivables (6,681) (12,174)
Inventories 12,965 1,546
Operating lease right of use assets (12,468) (924)
Prepaid and other assets 11,656 (106)
Accounts payable (19,148) (3,834)
Accrued and other liabilities (344) 12,509
Operating lease liabilities 9,310 (2,192)
Net cash provided by operating activities 40,617 56,658
Investing Activities:    
Additions to property, plant and equipment (2,609) (4,770)
Proceeds from sale of property, plant and equipment 3 (0)
Proceeds from sale of property, plant and equipment (3) 0
Net cash used in investing activities (2,606) (4,770)
Financing Activities:    
Proceeds from stock options exercised 0 58
Repayments of long-term debt (30,000) 0
Net cash (used in) provided by financing activities (30,000) 58
Net Increase in Cash and Equivalents 8,011 51,946
Cash and Equivalents - Beginning of Period 48,050 193,589
Cash and Equivalents - End of Period 56,061 245,535
Other Cash Flow Information:    
Interest paid 192 61
Income taxes (refunded) paid $ (79) $ 222