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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jan. 25, 2025
Jan. 27, 2024
Operating Activities:    
Net income $ 142,060 $ 133,011
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,317 15,089
Deferred income taxes 20 4,024
Stock-based compensation expense 465 504
Other, net 632 3
Non-cash operating lease expense 10,786 10,482
Changes in assets and liabilities:    
Trade receivables 11,934 3,187
Inventories (429) 4,908
Prepaid and other assets (5,501) (11,786)
Accounts payable (15,646) (11,796)
Accrued and other liabilities (2,457) 1,115
Operating lease liabilities (10,560) (11,276)
Net cash provided by operating activities 146,621 137,465
Investing Activities:    
Purchases of property, plant and equipment (20,815) (19,464)
Proceeds from sale of property, plant and equipment 2 45
Net cash used in investing activities (20,813) (19,419)
Financing Activities:    
Dividends paid on common stock (304,148) 0
Proceeds from stock options exercised 515 841
Net cash (used in) provided by financing activities (303,633) 841
Net (Decrease) Increase in Cash and Cash Equivalents (177,825) 118,887
Cash and Cash Equivalents - Beginning of Period 327,047 158,074
Cash and Cash Equivalents - End of Period 149,222 276,961
Supplemental Cash Flow Information:    
Interest paid 65 146
Income taxes paid 46,501 43,549
Non-Cash Activities:    
Right-of-use assets obtained in exchange for lease liabilities $ 11,125 $ 27,905