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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Oct. 28, 2016
Oct. 23, 2015
Operating activities:    
Net income $ 9,381 $ 10,711
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 35,218 40,260
Impairments 16,523 285
(Gain) Loss on disposal of fixed assets (1,664) 1,603
(Gain) Loss on rabbi trust assets (967) 2,453
Loss (Gain) on deferred compensation 1,115 (1,462)
Share-based compensation 3,263 3,329
Accretion on long-term note receivable (1,133) (1,011)
Deferred income taxes (5,903) 161
Amortization of deferred financing costs 720 1,336
Cash provided by (used for) assets and liabilities:    
Accounts receivable (10,930) (5,597)
Inventories (8,338) (4,558)
Prepaid expenses and other current assets 491 (1,136)
Accounts payable 4,110 8,454
Federal and state income taxes (11,185) 10,719
Accrued wages and related liabilities (6,941) (7,710)
Self-insurance (1,740) 1,904
Accrued non-income taxes (1,450) 2,072
Deferred revenue (2,096) (1,794)
Other assets and liabilities (7,060) 6,332
Net cash provided by operating activities 11,414 66,351
Investing activities:    
Purchase of property, plant and equipment (37,086) (26,667)
Proceeds from sale of property, plant and equipment 10,688 58,451
Deposits and other 130 (566)
Net cash (used in) provided by investing activities (26,268) 31,218
Financing activities:    
Cash dividends paid (13,452) (14,040)
Gross proceeds from credit facility borrowings and other long-term debt 189,179 380,192
Gross repayments of credit facility borrowings and other long-term debt (166,490) (356,610)
Payments of debt issuance costs 0 (2,517)
Purchase of treasury stock 0 (104,929)
Proceeds from share-based compensation 0 214
Cash paid for taxes on share-based compensation (667) (1,007)
Excess tax benefits from share-based compensation (1,729) 131
Net cash provided by (used in) financing activities 6,841 (98,566)
Net decrease in cash and equivalents (8,013) (997)
Cash and equivalents at the beginning of the period 12,896 6,358
Cash and equivalents at the end of the period $ 4,883 $ 5,361