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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 27, 2019
Jul. 28, 2018
Operating Activities:    
Net income $ 34,542 $ 48,830
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,446 3,955
Deferred income tax provision (428) 1,588
Loss on disposal of property, net 46 1
Stock-based compensation 62 40
Changes in assets and liabilities:    
Trade receivables 38 (10,306)
Inventories (2,731) (6,894)
Prepaid and other assets 3,154 769
Accounts payable (493) 7,952
Accrued and other liabilities 11,975 13,345
Net cash provided by operating activities 50,611 59,280
Investing Activities:    
Additions to property, plant and equipment (4,156) (6,226)
Proceeds from sale of property, plant and equipment 6 1
Net cash used in investing activities (4,150) (6,225)
Financing Activities:    
Proceeds from stock options exercised 7 123
Net cash provided by financing activities 7 123
Net Increase in Cash and Equivalents 46,468 53,178
Cash and Equivalents - Beginning of Period 156,200 189,864
Cash and Equivalents - End of Period 202,668 243,042
Other Cash Flow Information:    
Interest paid 13 13
Income taxes paid $ 0 $ 2