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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 30, 2021
Apr. 24, 2021
Current assets:    
Cash and cash equivalents $ 154,152 $ 143,244
Receivables, net of allowance for doubtful accounts of $6,459 and $6,138 481,844 449,235
Inventory 830,121 736,778
Prepaid expenses and other current assets 333,314 286,672
Total current assets 1,799,431 1,615,929
Property and equipment, net 213,362 219,438
Operating lease right-of-use assets, net 74,095 77,217
Long-term receivables, net 170,249 223,970
Goodwill, net 140,884 139,932
Identifiable intangibles, net 272,750 279,644
Investments 144,082 105,522
Other non-current assets 87,872 89,859
Total assets 2,902,725 2,751,511
Current liabilities:    
Accounts payable 773,230 609,264
Accrued payroll expense 73,839 118,425
Other accrued liabilities 171,044 175,975
Operating lease liabilities 31,191 32,252
Current maturities of long-term debt 100,750 100,750
Borrowings on revolving credit 43,000 53,000
Total current liabilities 1,193,054 1,089,666
Long-term debt 488,091 487,545
Non-current operating lease liabilities 45,217 48,318
Other non-current liabilities 164,381 161,311
Total liabilities 1,890,743 1,786,840
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 97,492 and 96,813 shares issued and outstanding 975 968
Additional paid-in capital 184,548 169,099
Accumulated other comprehensive loss (61,307) (62,592)
Retained earnings 886,897 855,741
Total Patterson Companies, Inc. stockholders' equity 1,011,113 963,216
Noncontrolling interests 869 1,455
Total stockholders’ equity 1,011,982 964,671
Total liabilities and stockholders’ equity $ 2,902,725 $ 2,751,511