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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 27, 2018
Jan. 28, 2017
Operating Activities:    
Net income $ 113,332 $ 77,884
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 10,273 9,600
Deferred income tax benefit (5,806) (189)
Gain on sale of property, net (9) (5)
Stock-based compensation 119 146
Stock-based tax benefits 153
Changes in assets and liabilities:    
Trade receivables (4,623) (7,664)
Inventories (7,477) (518)
Prepaid and other assets (1,840) (1,703)
Accounts payable 399 282
Accrued and other liabilities 2,390 3,586
Net cash provided by operating activities 106,758 81,572
Investing Activities:    
Additions to property, plant and equipment (18,686) (11,834)
Proceeds from sale of property, plant and equipment 58 15
Net cash used in investing activities (18,628) (11,819)
Financing Activities:    
Dividends paid on common stock (69,878) (69,850)
Proceeds from stock options exercised 399 186
Net cash used in financing activities (69,479) (69,664)
Net Increase in Cash and Equivalents 18,651 89
Cash and Equivalents - Beginning of Period 136,372 105,577
Cash and Equivalents - End of Period 155,023 105,666
Other Cash Flow Information:    
Interest paid 76 165
Income taxes paid $ 48,848 $ 40,389