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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Oct. 30, 2011
Oct. 31, 2010
Operating activities    
Consolidated net income $ 16,305 $ 52,922
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 21,590 16,850
Amortization 5,211 3,457
Stock-based compensation expense 13,764 8,219
Non-cash interest cost on 2.5% convertible senior subordinated notes    742
Loss on sale or retirement of assets 220 0
Equity in losses of equity method investment 619 0
Gain on fair value remeasurement of equity investment (5,429) 0
Changes in operating assets and liabilities:    
Accounts receivable 3,159 (45,626)
Inventories (16,617) (24,692)
Other assets (21,840) (1,465)
Deferred income taxes 542 769
Accounts payable 6,705 9,760
Accrued compensation 458 3,556
Other accrued liabilities 2,665 (1,903)
Deferred revenue (1,001) 8,659
Net cash provided by operating activities 26,351 31,248
Investing activities    
Purchases of property, equipment and improvements (33,464) (25,700)
Proceeds from sale of property and equipment 32 0
Acquisition of controlling interest in subsidiary, net of cash acquired (71,125) 0
Purchase of available for sale minority investment 0 (5,880)
Net cash used in investing activities (104,557) (31,580)
Financing activities    
Proceeds from term loan 1,800   
Repayments of long-term debt (14,026) (2,000)
Repayment of convertible notes 0 (29,581)
Proceeds from the issuance of shares under employee stock option and stock purchase plans, net of repurchase of unvested shares 3,707 9,817
Net cash used in financing activities (8,519) (21,764)
Net decrease in cash and cash equivalents (86,725) (22,096)
Cash and cash equivalents at beginning of period 314,765 207,024
Cash and cash equivalents at end of period 228,040 184,928
Supplemental disclosure of cash flow information    
Cash paid for interest 1,408 3,177
Cash paid for taxes $ 5,015 $ 697