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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Jan. 31, 2026
Jan. 25, 2025
Operating activities    
Net (loss) income $ (328,296,000) $ 26,955,000
Adjustments to reconcile net (loss) income to cash used in operating activities:    
Depreciation and amortization 202,960,000 27,144,000
Impairment of goodwill 240,708,000  
(Gain)/Loss from equity method investments (2,688,000) (1,055,000)
Amortization of debt issuance costs 10,273,000 1,121,000
Provision for credit losses 1,867,000 (64,000)
Reserve for inventory excess and obsolescence 5,125,000 2,025,000
Other non-cash expense, net 3,543,000 1,810,000
Non-cash lease expense 18,889,000 7,379,000
Loss on foreign currency transactions 264,000 (22,000)
Unrealized gain on available-for-sale equity securities, net (7,446,000) (1,187,000)
Deferred income taxes (6,464,000)  
Stock-based compensation 28,065,000 15,518,000
Loss on disposal of property and equipment 1,149,000 201,000
Amortization of debt securities (661,000)  
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (19,892,000) (11,095,000)
Unbilled receivables and retentions (142,088,000) (30,172,000)
Inventories (92,721,000) (1,167,000)
Income taxes receivable (38,646,000) (14,738,000)
Prepaid expenses and other assets (13,287,000) (9,314,000)
Accounts payable (17,397,000) (1,359,000)
Other liabilities (17,174,000) (13,034,000)
Net cash (used in) provided by operating activities (173,917,000) (1,054,000)
Investing activities    
Acquisition of property and equipment (46,134,000) (14,292,000)
Contributions in equity method investments (3,243,000) (2,309,000)
Purchase of available-for-sale investments (335,183,000)  
Redemption of available-for-sale investments 21,500,000  
Acquisition of capitalized software to be sold (17,275,000)  
Business acquisitions, net of cash acquired (844,586,000)  
Net cash used in investing activities (1,224,921,000) (16,601,000)
Financing activities    
Principal payments of revolver (265,000,000)  
Proceeds from shares issued, net of underwriter costs 968,515,000  
Proceeds from convertible debt, net of underwriter costs 726,944,000  
Payment of debt issuance costs (2,445,000) (1,056,000)
Payment of equity issuance costs (1,388,000) (365,000)
Holdback and retention payments for business acquisition   (390,000)
Tax withholding payment related to net settlement of equity awards (10,900,000) (4,064,000)
Employee stock purchase plan contributions 4,355,000  
Exercise of stock options   506,000
Other (12,000) (19,000)
Net cash provided by (used in) financing activities 1,647,210,000 (8,388,000)
Effects of currency translation on cash and cash equivalents 644,000 (258,000)
Net increase (decrease) in cash and cash equivalents 249,016,000 (26,301,000)
Cash and cash equivalents at beginning of period 40,862,000 73,301,000
Cash and cash equivalents at end of period 289,878,000 47,000,000
Cash paid, net during the period for:    
Income taxes 4,335,000 19,342,000
Interest 12,535,000 1,196,000
Non-cash activities    
Issuance of common stock for business acquisition 2,640,365,000  
Unrealized loss on available-for-sale investments (15,000)  
Change in foreign currency translation adjustments 1,015,000 (605,000)
Acquisitions of property and equipment included in accounts payable 4,961,000 1,608,000
Revolving credit facility    
Financing activities    
Proceeds from revolving credit facility 233,939,000 25,000,000
Term loan    
Adjustments to reconcile net (loss) income to cash used in operating activities:    
Amortization of debt issuance costs 6,668,000  
Financing activities    
Principal payments of term loan (700,000,000) $ (28,000,000)
Proceeds from long-term debt $ 693,202,000