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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jul. 29, 2017
Jul. 30, 2016
Operating activities    
Net loss $ (4,466) $ (11,642)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization 1,862 1,653
Loss from equity method investments   72
Impairment of long-lived assets 9  
Provision for doubtful accounts 211 171
(Gains) losses on foreign currency transactions (106) 226
Deferred income taxes (596)  
Stock-based compensation 1,397 992
Tax benefit from exercise of stock options   22
Gain on disposition of property and equipment   (7)
Amortization of held-to-maturity investments 474 661
Changes in operating assets and liabilities:    
Accounts receivable 43,577 23,019
Unbilled receivables and retentions 3,367 4,406
Inventories (11,941) (6,619)
Income tax receivable (2,969) (4,250)
Prepaid expenses and other assets 377 (17)
Accounts payable (6,238) (6,336)
Other liabilities (3,676) (3,594)
Net cash provided by (used in) operating activities 21,282 (1,243)
Investing activities    
Acquisition of property and equipment (2,973) (2,634)
Redemptions of held-to-maturity investments 59,280 28,820
Purchases of held-to-maturity investments (41,806) (27,487)
Proceeds from the sale of property and equipment   7
Sales and redemptions of available-for-sale investments 450 400
Net cash provided by (used in) investing activities 14,951 (894)
Financing activities    
Principal payments of capital lease obligations (92) (95)
Tax withholding payment related to net settlement of equity awards (212)  
Exercise of stock options 1,640 258
Net cash provided by financing activities 1,336 163
Net increase (decrease) in cash and cash equivalents 37,569 (1,974)
Cash and cash equivalents at beginning of period 79,904 124,287
Cash and cash equivalents at end of period 117,473 122,313
Cash paid during the period for:    
Income taxes 1,803 1,786
Non-cash activities    
Unrealized gain on investments, net of deferred tax expense of $2 and $12, respectively 2 18
Reclassification from share-based liability compensation to equity 384 307
Acquisitions of property and equipment included in accounts payable $ 644 $ 321