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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2022
Cash flows from operating activities:      
Net income $ 276,079 $ 332,991 $ 273,442
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 133,362 126,907 119,232
Write-off and amortization of debt discount and debt issuance costs 4,704 1,468 2,744
Equity-based compensation 22,436 22,098 17,354
Gain on disposal of assets (729) (1,413) (913)
Deferred income taxes 3,685 220 (351)
Other items, net 8,766 13,270 5,706
Changes in assets and liabilities net of effects of acquisitions:      
Trade accounts and notes receivable (26,573) (37,024) (162,118)
Inventories 17,067 (16,802) (156,311)
Prepaid expenses and other assets (18,652) 1,367 (92)
Accounts payable 22,147 6,665 28,423
Accrued compensation and employee benefits 5,795 11,754 32,564
Other accrued expenses and liabilities (14,838) (19,764) 19,931
Cash provided by operating activities 433,249 441,737 179,611
Cash flows from investing activities:      
Purchases of property and equipment (57,247) (52,672) (41,082)
Proceeds from sale of assets 2,668 2,879 1,922
Acquisition of businesses, net of cash acquired (376,192) (61,677) (348,050)
Cash used in investing activities (430,771) (111,470) (387,210)
Cash flows from financing activities:      
Repayments on revolving credit facility (605,409) (647,247) (1,178,897)
Borrowings from revolving credit facility 765,373 546,113 1,390,222
Payments of principal on long-term debt (2,500) (5,110) (5,110)
Payments of principal on finance lease obligations (41,786) (35,845) (31,365)
Borrowings from term loan amendments 390,574 0 0
Repayments of term loan amendments (390,076) 0 0
Repurchases of common stock (116,439) (110,776) (35,488)
Payment of acquisition holdback liability 0 (13,500) 0
Debt issuance costs (7,070) (3,157) 0
Proceeds from exercises of stock options 6,336 4,715 4,434
Payments for taxes related to net share settlement of equity awards (4,026) (4,005) (2,850)
Proceeds from issuance of stock pursuant to employee stock purchase plan 4,586 3,203 2,332
Cash (used in) provided by financing activities (437) (265,609) 143,278
Effect of exchange rates on cash and cash equivalents (638) (1,829) (775)
Increase (decrease) in cash and cash equivalents 1,403 62,829 (65,096)
Cash and cash equivalents, beginning of year 164,745 101,916 167,012
Cash and cash equivalents, end of year 166,148 164,745 101,916
Supplemental cash flow disclosures:      
Cash paid for income taxes 120,352 110,366 86,288
Cash paid for interest $ 70,798 $ 61,752 $ 46,204