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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 27, 2019
Apr. 28, 2018
Apr. 29, 2017
Operating Activities:      
Net income $ 140,853,000 $ 149,774,000 $ 107,045,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 15,439,000 13,226,000 12,834,000
Deferred income tax provision 3,351,000 676,000 1,358,000
Loss on disposal of property, net 12,000 149,000 72,000
Stock-based compensation 251,000 161,000 208,000
Stock-based tax benefits 495,000
Changes in assets and liabilities:      
Trade receivables (481,000) (13,041,000) (10,273,000)
Inventories (9,782,000) (7,565,000) (5,433,000)
Prepaid and other assets (2,806,000) (5,437,000) (2,205,000)
Accounts payable (8,651,000) 16,753,000 8,709,000
Accrued and other liabilities 1,256,000 25,000 1,457,000
Net cash provided by operating activities 139,442,000 154,721,000 114,267,000
Investing Activities:      
Additions to property, plant and equipment (38,333,000) (31,974,000) (14,015,000)
Proceeds from sale of property, plant and equipment 18,000 63,000 28,000
Net cash used in investing activities (38,315,000) (31,911,000) (13,987,000)
Financing Activities:      
Dividends paid on common stock (135,247,000) (69,878,000) (69,850,000)
Proceeds from stock options exercised 456,000 560,000 365,000
Net cash used in financing activities (134,791,000) (69,318,000) (69,485,000)
Net (Decrease) Increase in Cash and Equivalents (33,664,000) 53,492,000 30,795,000
Cash and Equivalents - Beginning of Year 189,864,000 136,372,000 105,577,000
Cash and Equivalents - End of Year 156,200,000 189,864,000 136,372,000
Other Cash Flow Information:      
Interest paid 51,000 101,000 202,000
Income taxes paid $ 36,833,000 $ 56,737,000 $ 55,901,000