XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 27, 2024
Jan. 28, 2023
Operating Activities:    
Net income $ 133,011 $ 105,861
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,089 15,552
Deferred income tax provision 4,024 3,266
Loss on sale of property, plant and equipment, net 3 20
Stock-based compensation 504 507
Amortization of operating right-of-use assets 10,482 9,946
Changes in assets and liabilities:    
Trade receivables 3,187 (3,512)
Inventories 4,908 9,727
Operating lease right-of-use assets (27,905) (19,539)
Prepaid and other assets (3,186) 1,832
Accounts payable (11,796) (26,311)
Accrued and other liabilities (7,485) 5,271
Operating lease obligation 16,629 9,633
Net cash provided by operating activities 137,465 112,253
Investing Activities:    
Additions to property, plant and equipment (19,464) (12,282)
Proceeds from sale of property, plant and equipment 45 11
Net cash used in investing activities (19,419) (12,271)
Financing Activities:    
Proceeds from stock options exercised 841 292
Repayments of Loan Facility 0 (30,000)
Net cash provided by (used in) financing activities 841 (29,708)
Net Increase in Cash and Equivalents 118,887 70,274
Cash and Equivalents - Beginning of Period 158,074 48,050
Cash and Equivalents - End of Period 276,961 118,324
Other Cash Flow Information:    
Interest paid 146 291
Income taxes paid $ 43,549 $ 27,411