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Condensed Consolidated Statement Cash Flows - USD ($)
$ in Millions
12 Months Ended
Apr. 29, 2017
Apr. 30, 2016
May 02, 2015
OPERATING ACTIVITIES      
Net income $ 92.9 $ 84.6 $ 101.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of fixed assets 0.0 (0.7) 0.0
Impairment of goodwill and intangible assets 0.0 0.0 11.1
Gain on sale of business 0.0 0.0 (7.7)
Provision for depreciation 22.0 21.5 21.9
Amortization of intangibles 2.3 2.4 1.5
Stock-based compensation 12.4 7.4 4.3
Provision for bad debt 0.2 0.0 0.0
Change in Deferred income taxes (3.9) 8.2 (0.3)
Changes in operating assets and liabilities:      
Accounts receivable 5.6 (6.0) (8.6)
Inventories 7.4 4.5 (1.6)
Prepaid expenses and other assets (4.8) 0.1 (1.6)
Accounts payable and other expenses 11.1 (11.3) 2.9
NET CASH PROVIDED BY OPERATING ACTIVITIES 145.2 110.7 122.9
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (22.4) (23.2) (22.5)
Sale of business/investment/property 0.7 1.6 11.2
NET CASH USED IN INVESTING ACTIVITIES (21.7) (21.6) (11.3)
FINANCING ACTIVITIES      
Taxes paid related to net share settlement of equity awards (1.1) (7.7) 0.0
Purchase of common stock (9.8) (62.3) 0.0
Proceeds from exercise of stock options 2.7 0.6 4.0
Tax benefit from stock option exercises 4.9 2.2 4.3
Cash dividends (13.7) (13.5) (13.8)
Proceeds from borrowings 0.0 71.0 0.0
Repayment of borrowings (30.0) (19.0) (43.0)
NET CASH USED IN FINANCING ACTIVITIES (47.0) (28.7) (48.5)
Effect of foreign currency exchange rate changes on cash (10.3) (0.7) (11.4)
INCREASE IN CASH AND CASH EQUIVALENTS 66.2 59.7 51.7
Cash and cash equivalents at beginning of year 227.8 168.1 116.4
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 294.0 $ 227.8 $ 168.1