XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
Condensed Consolidated Statements of Operations and Comprehensive Income        
Net sales $ 833,837 $ 648,004 $ 1,611,981 $ 1,290,161
Cost of sales (exclusive of depreciation and amortization shown separately below) 565,687 435,744 1,099,015 872,797
Gross profit 268,150 212,260 512,966 417,364
Operating expenses:        
Selling, general and administrative 185,268 159,898 370,703 315,970
Depreciation and amortization 30,787 16,713 57,109 33,058
Total operating expenses 216,055 176,611 427,812 349,028
Operating income 52,095 35,649 85,154 68,336
Other (expense) income:        
Interest expense (19,182) (7,917) (35,370) (15,417)
Change in fair value of financial instruments (376) (238) (6,395) (434)
Write-off of debt discount and deferred financing fees       (74)
Other income, net 434 512 1,068 998
Total other expense, net (19,124) (7,643) (40,697) (14,927)
Income before taxes 32,971 28,006 44,457 53,409
Provision for income taxes 8,059 9,983 10,895 20,043
Net income $ 24,912 $ 18,023 $ 33,562 $ 33,366
Weighted average common shares outstanding:        
Basic (in shares) 41,149 41,006 41,121 40,988
Diluted (in shares) 41,918 42,146 41,996 42,137
Net income per common share:        
Basic (in dollars per share) $ 0.59 $ 0.44 $ 0.80 $ 0.81
Diluted (in dollars per share) $ 0.58 $ 0.43 $ 0.78 $ 0.79
Comprehensive income        
Net income $ 24,912 $ 18,023 $ 33,562 $ 33,366
Foreign currency translation loss (4,902)   (8,693)  
Changes in other comprehensive income, net of tax 378 243 491 396
Comprehensive income $ 20,388 $ 18,266 $ 25,360 $ 33,762