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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Oct. 23, 2015
Oct. 24, 2014
Operating activities:    
Net income $ 10,711 $ 5,023
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 40,260 39,448
Impairments 285 1,577
Loss (Gain) on disposal of fixed assets 1,603 (376)
Loss (Gain) on rabbi trust assets 2,453 (1,233)
(Gain) Loss Deferred compensation (1,462) 880
Share based compensation 3,329 1,888
Accretion on long-term note receivable (1,011) (903)
Deferred income taxes 161 0
Amortization of deferred financing costs 1,336 448
Cash provided by (used for) assets and liabilities:    
Accounts receivable (5,597) 106
Inventories (4,558) (2,734)
Prepaid expenses and other current assets (1,136) (1,453)
Accounts payable 8,454 3,837
Federal and state income taxes 10,719 627
Accrued wages and related liabilities (7,710) (1,600)
Self-insurance 1,904 745
Accrued non-income taxes 2,072 (2,732)
Deferred gift card revenue (1,794) (1,775)
Other assets and liabilities 6,332 (1,932)
Net cash provided by operating activities 66,351 39,841
Investing activities:    
Purchase of property, plant and equipment (26,667) (36,955)
Proceeds from sale of property, plant and equipment 58,451 1,108
Deposits and other (566) (261)
Net cash provided by (used in) investing activities 31,218 (36,108)
Financing activities:    
Cash dividends paid (14,040) (14,468)
Gross proceeds from credit facility borrowings and other long-term debt 380,192 211,072
Gross repayments of credit facility borrowings and other long-term debt (356,610) (202,101)
Payments of debt issuance costs (2,517) (1,279)
Purchase of treasury stock (104,929) 0
Proceeds from share-based compensation 214 239
Cash paid for taxes on share-based compensation (1,007) (1,768)
Excess tax benefits from stock-based compensation 131 483
Net cash used in financing activities (98,566) (7,822)
Net decrease in cash and equivalents (997) (4,089)
Cash and equivalents at the beginning of the period 6,358 7,826
Cash and equivalents at the end of the period $ 5,361 $ 3,737