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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 30, 2022
Jul. 31, 2021
Operating activities    
Net loss $ (8,389) $ (13,918)
Adjustments to reconcile net loss from operations to cash provided by (used in) operating activities:    
Depreciation and amortization 14,000 13,654
Loss from equity method investments 500 1,141
Amortization of debt issuance costs 211 129
Provision for doubtful accounts 23 (20)
Other non-cash expense, net 153 48
Non-cash lease expense 1,590 1,677
(Gain) loss on foreign currency transactions (44) 19
Deferred income taxes (381) (472)
Stock-based compensation 2,217 1,922
Loss on disposal of property and equipment 485 379
Amortization of debt securities 130 90
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 8,053 17,914
Unbilled receivables and retentions 14,754 (14,684)
Inventories (11,707) (6,058)
Income taxes receivable 442 (326)
Prepaid expenses and other assets 46 481
Accounts payable 3,323 (7,997)
Other liabilities (9,519) (9,283)
Net cash provided by (used in) operating activities 15,887 (15,304)
Investing activities    
Acquisition of property and equipment (5,393) (5,428)
Equity method investments (2,774) (2,692)
Business acquisitions, net of cash acquired   (46,150)
Redemptions of available-for-sale investments 13,280 17,925
Purchases of available-for-sale investments (1,326)  
Net cash provided by (used in) investing activities 3,787 (36,345)
Financing activities    
Principal payments of term loan (2,500) (2,500)
Tax withholding payment related to net settlement of equity awards (824) (1,176)
Holdback and retention payments for business acquisition   (5,991)
Exercise of stock options   119
Other (7) (8)
Net cash used in financing activities (3,331) (9,556)
Effects of currency translation on cash and cash equivalents (391) (111)
Net increase (decrease) in cash, cash equivalents, and restricted cash 15,952 (61,316)
Cash, cash equivalents and restricted cash at beginning of period 77,231 157,063
Cash, cash equivalents and restricted cash at end of period 93,183 95,747
Cash paid, net during the period for:    
Interest 2,169  
Non-cash activities    
Unrealized (gain) loss on available-for-sale investments, net of deferred tax expense of $6 and $0 for the three months ended July 30, 2022 and July 31, 2021, respectively (20) 4
Change in foreign currency translation adjustments (1,064) (733)
Issuances of inventory to property and equipment, ISR in-service assets 3,364 6,881
Acquisitions of property and equipment included in accounts payable $ 543 $ 821