XML 71 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2020
Jan. 31, 2019
Condensed Consolidated Statements of Operations and Comprehensive Income        
Net sales $ 761,352 $ 723,902 $ 2,470,457 $ 2,335,883
Cost of sales (exclusive of depreciation and amortization shown separately below) 507,879 489,676 1,658,837 1,588,691
Gross profit 253,473 234,226 811,620 747,192
Operating expenses:        
Selling, general and administrative 193,384 178,180 588,472 548,883
Depreciation and amortization 29,422 30,220 88,215 87,329
Total operating expenses 222,806 208,400 676,687 636,212
Operating income 30,667 25,826 134,933 110,980
Other (expense) income:        
Interest expense (16,474) (19,526) (52,310) (54,896)
Change in fair value of financial instruments       (6,395)
Write-off of debt discount and deferred financing fees     (707)  
Other (expense) income, net (498) 957 1,254 2,025
Total other expense, net (16,972) (18,569) (51,763) (59,266)
Income before taxes 13,695 7,257 83,170 51,714
Provision for income taxes 2,816 1,442 18,333 12,337
Net income $ 10,879 $ 5,815 $ 64,837 $ 39,377
Weighted average common shares outstanding:        
Basic (in shares) 42,223 40,912 41,663 41,053
Diluted (in shares) 42,949 41,371 42,401 41,789
Net income per common share:        
Basic (in dollars per share) $ 0.26 $ 0.14 $ 1.55 $ 0.94
Diluted (in dollars per share) $ 0.25 $ 0.14 $ 1.52 $ 0.92
Comprehensive income        
Net income $ 10,879 $ 5,815 $ 64,837 $ 39,377
Foreign currency translation income (loss) (2,504) (128) 8,947 (8,821)
Changes in other comprehensive income, net of tax (547)   (10,214) 491
Comprehensive income $ 7,828 $ 5,687 $ 63,570 $ 31,047