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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2023
Cash flows from operating activities:      
Net income $ 115,469 $ 276,079 $ 332,991
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 164,148 133,362 126,907
Impairment of goodwill 42,454 0 0
Write-off and amortization of debt discount and debt issuance costs 1,774 4,704 1,468
Equity-based compensation 19,202 22,436 22,098
Gain on sale of business and disposal of assets, net (5,476) (729) (1,413)
Deferred income taxes (8,628) 3,685 220
Other items, net 10,473 8,766 13,270
Changes in assets and liabilities net of effects of acquisitions:      
Trade accounts and notes receivable 54,846 (26,573) (37,024)
Inventories 2,763 17,067 (16,802)
Prepaid expenses and other assets (549) (18,652) 1,367
Accounts payable (8,687) 22,147 6,665
Accrued compensation and employee benefits 828 5,795 11,754
Other accrued expenses and liabilities (5,043) (14,838) (19,764)
Cash provided by operating activities 383,574 433,249 441,737
Cash flows from investing activities:      
Purchases of property and equipment (47,490) (57,247) (52,672)
Proceeds from sale of business and sale of assets 17,293 2,668 2,879
Acquisition of businesses, net of cash acquired (204,092) (376,192) (61,677)
Other investing activities (5,200) 0 0
Cash used in investing activities (239,489) (430,771) (111,470)
Cash flows from financing activities:      
Repayments on revolving credit facility (1,657,599) (605,409) (647,247)
Borrowings from revolving credit facility 1,615,132 765,373 546,113
Payments of principal on long-term debt (4,988) (2,500) (5,110)
Payments of principal on finance lease obligations (46,720) (41,786) (35,845)
Borrowings from term loan amendments 0 390,574 0
Repayments of term loan amendments 0 (390,076) 0
Repurchases of common stock (165,502) (116,439) (110,776)
Payment of acquisition holdback liability 0 0 (13,500)
Debt issuance costs 0 (7,070) (3,157)
Proceeds from exercises of stock options 3,499 6,336 4,715
Payments for taxes related to net share settlement of equity awards (5,006) (4,026) (4,005)
Proceeds from issuance of stock pursuant to employee stock purchase plan 5,967 4,586 3,203
Cash used in financing activities (255,217) (437) (265,609)
Effect of exchange rates on cash and cash equivalents 583 (638) (1,829)
(Decrease) increase in cash and cash equivalents (110,549) 1,403 62,829
Cash and cash equivalents, beginning of year 166,148 164,745 101,916
Cash and cash equivalents, end of year 55,599 166,148 164,745
Supplemental cash flow disclosures:      
Cash paid for income taxes 63,168 120,352 110,366
Cash paid for interest $ 87,996 $ 70,798 $ 61,752