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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jan. 25, 2020
Jan. 26, 2019
Operating activities    
Net income $ 23,576 $ 41,716
Gain on sale of business, net of tax   (8,452)
Loss from discontinued operations, net of tax   2,511
Net income from continuing operations 23,576 35,775
Adjustments to reconcile net income from continuing operations to cash provided by operating activities from continuing operations:    
Depreciation and amortization 7,107 5,530
Loss from equity method investment 3,410 2,071
Provision for doubtful accounts (2) (33)
Other non-cash gain, net (719)  
Non-cash lease expense 3,453  
Gains on foreign currency transactions   (10)
Deferred income taxes (946) (1,214)
Stock-based compensation 4,751 5,599
(Gain) loss on sale of property and equipment (71) 51
Amortization of debt securities (1,291) (941)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 3,245 22,817
Unbilled receivables and retentions (24,364) (34,760)
Inventories (10,766) (12,954)
Income tax receivable 821  
Prepaid expenses and other assets 216 (1,791)
Accounts payable (1,301) (10,645)
Other liabilities 7,947 (2,598)
Net cash provided by operating activities of continuing operations 15,066 6,897
Investing activities    
Acquisition of property and equipment (8,504) (6,806)
Equity method investments (9,551)  
Business acquisition, net of cash acquired (18,641)  
Proceeds from sale of business   31,994
Proceeds from sale of property and equipment 81  
Redemptions of held-to-maturity investments 166,917 191,455
Purchases of held-to-maturity investments (162,517) (211,120)
Redemptions of available-for-sale investments 41,150 2,250
Purchases of available-for-sale investments (59,297)  
Net cash (used in) provided by investing activities from continuing operations (50,362) 7,773
Financing activities    
Principal payments of capital lease obligations   (154)
Tax withholding payment related to net settlement of equity awards (1,009) (1,033)
Exercise of stock options 93 71
Net cash used in financing activities from continuing operations (916) (1,116)
Discontinued operations    
Operating activities of discontinued operations 0 (7,250)
Investing activities of discontinued operations 0 (452)
Net cash used in discontinued operations   (7,702)
Net (decrease) increase in cash, cash equivalents, and restricted cash (36,212) 5,852
Cash, cash equivalents, and restricted cash at beginning of period 172,708 143,517
Cash, cash equivalents, and restricted cash at end of period 136,496 149,369
Cash paid, net during the period for:    
Income taxes 518 6,777
Non-cash activities    
Unrealized gain on investments, net of deferred tax expense of $51   57
Change in foreign currency translation adjustments 67 (32)
Acquisitions of property and equipment included in accounts payable $ 263 $ 58