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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Apr. 30, 2018
Cash flows from operating activities      
Net income $ 263,846 $ 203,886 $ 317,903
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 251,174 244,387 220,970
Stock-based compensation 18,129 16,410 18,800
Loss on disposal of assets and impairment charges 3,495 1,384 2,281
Deferred income taxes 49,810 45,337 (98,178)
Changes in assets and liabilities:      
Receivables (10,644) 7,189 (1,801)
Inventories 37,713 (29,648) (38,406)
Prepaid expenses (2,308) (1,727) 3,413
Accounts payable (140,151) 12,451 14,751
Accrued expenses 26,400 30,927 15,967
Income taxes 15,783 22,545 (30,053)
Other, net (8,933) (22,527) (5,850)
Net cash provided by operating activities 504,314 530,614 419,797
Cash flows from investing activities      
Purchase of property and equipment (438,977) (394,699) (577,421)
Payments for acquisitions of businesses, net of cash acquired (32,706) (68,200) (37,160)
Proceeds from sales of property and equipment 5,041 5,069 5,246
Net cash used in investing activities (466,642) (457,830) (609,335)
Cash flows from financing activities      
Proceeds from long-term debt 0 0 400,000
Repayments of long-term debt (17,476) (16,000) (15,688)
Net borrowings of short-term debt 45,000 35,400 38,700
Proceeds from exercise of stock options 2,958 2,290 1,377
Payments of cash dividends (45,951) (41,430) (38,780)
Repurchase of common stock 0 (37,479) (214,683)
Tax withholdings on employee share-based awards (7,224) (5,948) (4,426)
Net cash (used in) provided by financing activities (22,693) (63,167) 166,500
Net increase (decrease) in cash and cash equivalents 14,979 9,617 (23,038)
Cash and cash equivalents at beginning of year 63,296 53,679 76,717
Cash and cash equivalents at end of year 78,275 63,296 53,679
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION      
Cash paid during the year for interest, net of amount capitalized 54,277 56,306 48,757
Cash paid (received) for income taxes, net 9,364 (11,433) 24,274
Noncash investing and financing activities      
Noncash additions from adoption of ASC 842 2,840    
Purchased property and equipment in accounts payable 5,328 15,616 12,014
Shares repurchased in accounts payable $ 0 $ 0 $ 2,232