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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Aug. 01, 2020
Jul. 27, 2019
Operating Activities:    
Net income $ 51,164 $ 34,542
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,627 4,446
Deferred income tax benefit (151) (428)
Loss on disposal of property, net 2 46
Stock-based compensation 41 62
Amortization of operating right to use assets 3,399 3,435
Changes in assets and liabilities:    
Trade receivables (18,828) 38
Inventories 407 (2,731)
Prepaid and other assets (163) 3,154
Accounts payable 98 (493)
Accrued and other liabilities 10,933 8,540
Net cash provided by operating activities 51,529 50,611
Investing Activities:    
Additions to property, plant and equipment (3,668) (4,156)
Proceeds from sale of property, plant and equipment 1 6
Net cash used in investing activities (3,667) (4,150)
Financing Activities:    
Proceeds from stock options exercised 139 7
Net cash provided by financing activities 139 7
Net Increase in Cash and Equivalents 48,001 46,468
Cash and Equivalents - Beginning of Period 304,518 156,200
Cash and Equivalents - End of Period 352,519 202,668
Other Cash Flow Information:    
Interest paid 13 13
Income taxes paid $ 1,240 $ 0