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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Operating activities:    
Net (loss) income $ (54.4) $ 49.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28.4 24.5
Stock-based compensation expense 3.9 6.7
Change in cash surrender value of life insurance 0.2 (0.2)
Amortization of debt issuance costs 0.4 0.3
Loss on sale of property, plant and equipment 0.5 0.1
Impairment of long-lived assets 0.6 0.4
Goodwill impairment 56.5  
Change in deferred income taxes (1.0) 1.0
Other 0.8 0.2
Changes in operating assets and liabilities:    
Accounts receivable 12.5 (50.6)
Inventories (29.1) (19.5)
Prepaid expenses and other assets (10.8) (15.7)
Accounts payable (1.8) 21.5
Other liabilities (12.5) 10.3
Net cash (used in) provided by operating activities (6.2) 28.1
Investing activities:    
Purchases of property, plant and equipment (24.5) (18.0)
Proceeds from settlement of net investment hedge 0.6  
Proceeds from disposition of assets 1.6 3.5
Net cash used in investing activities (22.3) (14.5)
Financing activities:    
Taxes paid related to net share settlement of equity awards (3.8) (0.5)
Repayments of finance leases (0.1) (0.2)
Purchases of common stock (7.8) (31.6)
Cash dividends (10.1) (9.9)
Purchase of redeemable noncontrolling interest (10.9)  
Proceeds from borrowings 213.9  
Repayments of borrowings (179.3) (6.5)
Net cash provided by (used in) financing activities 1.9 (48.7)
Effect of foreign currency exchange rate changes on cash and cash equivalents (7.9) (7.3)
Decrease in cash and cash equivalents (34.5) (42.4)
Cash and cash equivalents at beginning of the period 157.0 172.0
Cash and cash equivalents at end of the period 122.5 129.6
Cash paid during the period for:    
Interest 6.7 1.4
Income taxes, net of refunds 14.5 12.5
Operating lease obligations $ 4.5 $ 4.0