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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Aug. 02, 2015
Aug. 03, 2014
Cash flows from operating activities:    
Net income $ 4,701 $ 3,344
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,555 1,399
Amortization of other assets 47 47
Stock-based compensation 265 46
Excess tax benefit related to stock-based compensation (788) (99)
Deferred income taxes 1,641 1,193
Gain on sale of equipment (46) (45)
Foreign currency gains (57) (201)
Changes in assets and liabilities:    
Accounts receivable 2,774 3,168
Inventories (4,068) (1,021)
Other current assets (1,149) 40
Other assets 23 283
Accounts payable - trade (132) (2,224)
Accrued expenses and deferred compensation (3,870) (1,855)
Income taxes 159 (24)
Net cash provided by operating activities 1,055 4,051
Cash flows from investing activities:    
Capital expenditures (3,336) (2,333)
Proceeds from the sale of equipment 104 391
Proceeds from the sale of short-term investments 3,612  
Purchase of short-term investments (33) (27)
Purchase of long-term investments (478) (984)
Net cash used in investing activities (131) (2,953)
Cash flows from financing activities:    
Excess tax benefit related to stock-based compensation 788 99
Common stock repurchased   (556)
Dividends paid (5,676) (5,502)
Proceeds from common stock issued 56  
Net cash used in financing activities (4,832) (5,959)
Effect of exchange rate changes on cash and cash equivalents 116 223
Decrease in cash and cash equivalents (3,792) (4,638)
Cash and cash equivalents at beginning of period 29,725 [1] 29,303
Cash and cash equivalents at end of period $ 25,933 $ 24,665
[1] Derived from audited financial statements.