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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 28, 2017
Jan. 30, 2016
Operating activities    
Net (loss) income $ (17,997) $ 3,602
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 5,188 4,547
Loss from equity method investments 119 248
Impairment of available-for-sale securities   2,186
Provision for doubtful accounts 115 (252)
Losses on foreign currency transactions 272 63
Loss on sale of equity securities   219
Deferred income taxes (698) 18
Stock-based compensation 2,736 3,170
Tax benefit from exercise of stock options 22 302
Loss (gain) on disposition of property and equipment 37 (32)
Amortization of held-to-maturity investments 1,827 3,086
Changes in operating assets and liabilities:    
Accounts receivable 32,553 (5,052)
Unbilled receivables and retentions 4,079 6,916
Inventories (31,320) (7,020)
Income tax receivable (2,487) (3,952)
Prepaid expenses and other assets (1,190) 455
Accounts payable (3,170) (9,457)
Other liabilities (4,510) (4,746)
Net cash used in operating activities (14,424) (5,699)
Investing activities    
Acquisition of property and equipment (7,586) (4,259)
Equity method investment   (295)
Redemptions of held-to-maturity investments 93,208 67,402
Purchases of held-to-maturity investments (122,978) (75,740)
Proceeds from the sale of property and equipment 7  
Sales and redemptions of available-for-sale investments 400 987
Net cash used in investing activities (36,949) (11,905)
Financing activities    
Purchase and retirement of common stock   (3,756)
Principal payments of capital lease obligations (291) (341)
Tax withholding payment related to net settlement of equity awards   (29)
Exercise of stock options 655 1,026
Net cash provided by (used in) financing activities 364 (3,100)
Net decrease in cash and cash equivalents (51,009) (20,704)
Cash and cash equivalents at beginning of period 124,287 143,410
Cash and cash equivalents at end of period 73,278 122,706
Cash paid during the period for:    
Income taxes 1,786 1,539
Non-cash activities    
Unrealized change in fair value of long-term investments recorded in accumulated other comprehensive loss, net of deferred tax expense of $6 and $23, respectively 32 34
Reclassification from share-based liability compensation to equity 307 228
Acquisitions of property and equipment financed with capital lease obligations   $ 694
Acquisitions of property and equipment included in accounts payable $ 408