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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2020
Cash flows from operating activities      
Net income $ 339,790 $ 312,900 $ 263,846
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 303,541 265,195 251,174
Amortization of debt issuance costs 2,527 1,603 0
Stock-based compensation 37,976 31,986 18,129
(Gain) loss on disposal of assets and impairment charges (1,201) 9,680 3,495
Deferred income taxes 82,721 4,123 49,810
Changes in assets and liabilities:      
Receivables (33,025) (26,278) (10,644)
Inventories (76,730) (50,342) 37,713
Prepaid expenses (6,376) (1,413) (2,308)
Accounts payable 165,893 166,546 (140,151)
Accrued expenses 23,574 65,497 26,400
Income taxes (35,716) 5,714 15,783
Other, net (14,233) 18,877 (8,933)
Net cash provided by operating activities 788,741 804,088 504,314
Cash flows from investing activities      
Purchase of property and equipment (326,475) (441,252) (438,977)
Payments for acquisitions of businesses, net of cash acquired (901,638) (9,356) (32,706)
Proceeds from sales of property and equipment 70,118 6,268 5,041
Net cash used in investing activities (1,157,995) (444,340) (466,642)
Cash flows from financing activities      
Proceeds from long-term debt 450,000 650,000 0
Repayments of long-term debt (188,537) (571,661) (17,476)
Net (payments) borrowings of short-term debt 0 (120,000) 45,000
Payment of debt issuance costs (1,149) (5,525) 0
Proceeds from exercise of stock options 133 1,784 2,958
Payments of cash dividends (51,212) (47,971) (45,951)
Tax withholdings on employee stock-based awards (17,648) (8,105) (7,224)
Net cash provided by (used in) financing activities 191,587 (101,478) (22,693)
Net (decrease) increase in cash and cash equivalents (177,667) 258,270 14,979
Cash and cash equivalents at beginning of year 336,545 78,275 63,296
Cash and cash equivalents at end of year 158,878 336,545 78,275
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION      
Cash paid during the year for interest, net of amount capitalized 54,499 48,508 54,277
Cash paid for income taxes, net 49,565 80,916 9,364
Noncash investing and financing activities      
Noncash additions from adoption of ASC 842 0 0 22,635
Purchased property and equipment in accounts payable $ 46,659 $ 9,204 $ 5,328