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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:      
Net income $ 105,560 $ 23,381 $ 56,002
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 108,125 116,533 117,459
Impairment of goodwill 0 63,074 0
Write-off and amortization of debt discount and debt issuance costs 7,568 4,541 3,332
Equity-based compensation 12,872 8,970 7,643
(Gain) loss on disposal and impairment of assets (1,011) 658 (525)
Change in fair value of financial instruments 0 0 6,395
Deferred income taxes (10,329) 926 (17,487)
Other items, net 1,552 4,110 5,984
Changes in assets and liabilities net of effects of acquisitions:      
Trade accounts and notes receivable (101,617) 50,215 (18,039)
Inventories (46,660) (4,579) 5,137
Prepaid expenses and other assets (2,621) 6,623 (4,842)
Accounts payable 65,446 31,499 31,269
Accrued compensation and employee benefits 4,477 4,740 6,631
Other accrued expenses and liabilities 9,942 (7,612) (5,344)
Cash provided by operating activities 153,304 303,079 193,615
Cash flows from investing activities:      
Purchases of property and equipment (29,873) (25,193) (18,770)
Proceeds from sale of assets 2,262 2,229 1,170
Acquisition of businesses, net of cash acquired (35,976) (24,136) (583,092)
Cash used in investing activities (63,587) (47,100) (600,692)
Cash flows from financing activities:      
Repayments on revolving credit facilities (102,189) (837,424) (937,176)
Borrowings from revolving credit facilities 14,750 880,698 981,148
Payments of principal on long-term debt (8,754) (109,968) (9,968)
Payments of principal on finance lease obligations (30,371) (25,275) (19,474)
Borrowings from term loan 511,000 0 996,840
Repayments of term loan (869,427) 0 (571,840)
Issuance of Senior Notes 350,000 0 0
Repurchases of common stock (4,160) 0 (16,520)
Payments for contingent consideration 0 (11,133) 0
Debt issuance costs (6,299) (1,286) (7,933)
Proceeds from exercises of stock options 7,559 11,793 2,538
Payments for taxes related to net share settlement of equity awards (807) (532) (50)
Proceeds from issuance of stock pursuant to employee stock purchase plan 2,076 1,793 1,405
Cash (used in) provided by financing activities (136,622) (91,334) 418,970
Effect of exchange rates on cash and cash equivalents 3,008 (1,074) (992)
(Decrease) increase in cash and cash equivalents (43,897) 163,571 10,901
Cash and cash equivalents, beginning of year 210,909 47,338 36,437
Cash and cash equivalents, end of year 167,012 210,909 47,338
Supplemental cash flow disclosures:      
Cash paid for income taxes 46,417 29,761 19,351
Cash paid for interest 49,650 63,745 66,435
Supplemental schedule of noncash activities:      
Assets acquired under finance lease 27,400 50,484 111,826
Issuance of installment notes associated with equity-based compensation liability awards $ 590 $ 5,163 $ 5,356