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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net income $ 119,159 $ 120,592
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 75,888 65,820
Amortization of debt issuance costs 359 0
Share-based compensation 8,623 7,021
(Gain) loss on disposal of assets and impairment charges (1,770) 340
Deferred income taxes 33,460 9,767
Changes in assets and liabilities:    
Receivables (18,511) (7,147)
Inventories (26,624) (2,788)
Prepaid expenses (5,264) (7,332)
Accounts payable 65,727 117,756
Accrued expenses (12,035) 21,631
Income taxes 1,531 27,087
Other, net 1,016 (697)
Net cash provided by operating activities 241,559 352,050
Cash flows from investing activities:    
Purchase of property and equipment (45,045) (45,146)
Payments for acquisition of businesses, net of cash acquired (617,291) 0
Proceeds from sales of property and equipment 18,001 1,695
Net cash used in investing activities (644,335) (43,451)
Cash flows from financing activities:    
Proceeds from long-term debt 300,000 0
Payments of long-term debt (4,867) (873)
Payments of debt issuance costs (249) 0
Net payments of short-term debt 0 (120,000)
Proceeds from exercise of stock options 133 211
Payments of cash dividends (12,609) (11,779)
Tax withholdings on employee share-based awards (17,249) (7,917)
Net cash provided by (used in) financing activities 265,159 (140,358)
Net (decrease) increase in cash and cash equivalents (137,617) 168,241
Cash and cash equivalents at beginning of the period 336,545 78,275
Cash and cash equivalents at end of the period 198,928 246,516
Cash paid during the period for:    
Interest, net of amount capitalized 7,914 6,882
Income taxes, net 0 45
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 22,007 12,890
Right-of-use assets obtained in exchange for new finance lease liabilities 47,775 0
Right-of-use assets obtained in exchange for new operating lease liabilities $ 39,021 $ 0