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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Jan. 22, 2016
Jan. 23, 2015
Operating activities:    
Net income $ 23,642 $ 10,943
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,116 59,851
Impairments 1,089 3,249
Loss on disposal of fixed assets 820 1,624
Loss (Gain) on rabbi trust assets 1,768 (204)
(Gain) Loss Deferred compensation (1,146) 1,953
Share-based compensation 4,656 2,158
Accretion on long-term note receivable (1,539) (1,374)
Deferred income taxes (136) (4,596)
Amortization of deferred financing costs 1,762 749
Cash provided by (used for) assets and liabilities:    
Accounts receivable (2,727) 2,585
Inventories 1,345 (166)
Prepaid expenses and other current assets 1,555 (267)
Accounts payable (1,781) 505
Federal and state income taxes 19,119 4,279
Accrued wages and related liabilities (6,633) 3,583
Self-insurance 2,744 1,125
Accrued non-income taxes 2,881 (3,320)
Deferred gift card revenue 4,945 5,250
Other assets and liabilities 5,001 (6,927)
Net cash provided by operating activities 117,481 81,000
Investing activities:    
Purchase of property, plant and equipment (48,663) (58,921)
Proceeds from sale of property, plant and equipment 64,065 9,696
Liquidation of rabbi trust assets 5,245 0
Deposits and other (582) (246)
Net cash provided by (used in) investing activities 20,065 (49,471)
Financing activities:    
Cash dividends paid (21,132) (21,711)
Gross proceeds from credit facility borrowings and other long-term debt 506,626 316,253
Gross repayments of credit facility borrowings and other long-term debt (461,668) (327,995)
Payments of debt issuance costs (2,517) (1,279)
Purchase of treasury stock (156,654) 0
Proceeds from share-based compensation 214 478
Cash paid for taxes on share-based compensation (1,177) (1,790)
Excess tax benefits from share-based compensation 84 513
Net cash used in financing activities (136,224) (35,531)
Net decrease in cash and equivalents 1,322 (4,002)
Cash and equivalents at the beginning of the period 6,358 7,826
Cash and equivalents at the end of the period $ 7,680 $ 3,824