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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities:    
Net income $ 271,202 $ 201,755
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 195,299 185,981
Amortization of debt issuance costs 1,258 0
Share-based compensation 22,009 14,394
Loss on disposal of assets and impairment charges 3,808 2,115
Deferred income taxes 13,554 39,454
Changes in assets and liabilities:    
Receivables (18,117) (8,527)
Inventories (35,238) 10,207
Prepaid expenses (7,993) (6,937)
Accounts payable 124,026 (53,534)
Accrued expenses 56,228 12,737
Income taxes 18,363 9,204
Other, net 18,680 (7,142)
Net cash provided by operating activities 663,079 399,707
Cash flows from investing activities:    
Purchase of property and equipment (263,077) (363,907)
Payments for acquisition of businesses, net of cash acquired (5,780) (12,644)
Proceeds from sales of property and equipment 4,823 3,813
Net cash used in investing activities (264,034) (372,738)
Cash flows from financing activities:    
Proceeds from long-term debt 650,000 0
Payments of long-term debt (570,999) (9,329)
Payments of debt issuance costs (5,525) 0
Net (payments) borrowings of short-term debt (120,000) 1,000
Proceeds from exercise of stock options 1,665 2,392
Payments of cash dividends (35,410) (34,178)
Tax withholdings on employee share-based awards (8,105) (6,611)
Net cash used in financing activities (88,374) (46,726)
Net increase (decrease) in cash and cash equivalents 310,671 (19,757)
Cash and cash equivalents at beginning of the period 78,275 63,296
Cash and cash equivalents at end of the period 388,946 43,539
Cash paid during the period for:    
Interest, net of amount capitalized 32,862 33,636
Income taxes, net 48,137 10,800
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 28,605 9,813
Right-of-use assets obtained in exchange for new finance lease liabilities 0 1,520
Right-of-use assets obtained in exchange for new operating lease liabilities 1,109 1,037
Noncash additions from adoption of ASC 842 $ 0 $ 22,635