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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Operating Activities:    
Net income $ 49,631 $ 35,454
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,956 5,461
Deferred income taxes 4,284 1,072
Loss on disposal of property, net 3 6
Stock-based compensation 171 170
Amortization of operating right of use assets 3,329 3,164
Changes in assets and liabilities:    
Trade receivables (2,762) (6,681)
Inventories 579 12,965
Operating lease right of use assets (3,589) (12,468)
Prepaid and other assets 1,475 11,656
Accounts payable 2,217 (19,148)
Accrued and other liabilities 9,562 (344)
Operating lease liabilities 287 9,310
Net cash provided by operating activities 70,143 40,617
Investing Activities:    
Additions to property, plant and equipment (5,474) (2,609)
Proceeds from sale of property, plant and equipment 26 3
Net cash used in investing activities (5,448) (2,606)
Financing Activities:    
Repayments of loan facility 0 (30,000)
Net cash used in financing activities 0 (30,000)
Net Increase in Cash and Equivalents 64,695 8,011
Cash and Equivalents - Beginning of Period 158,074 48,050
Cash and Equivalents - End of Period 222,769 56,061
Other Cash Flow Information:    
Interest paid 112 192
Income taxes paid (refunded) $ 1 $ (79)