XML 45 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Oct. 31, 2013
Oct. 31, 2012
OPERATING ACTIVITIES    
Net income $ 11,926 $ 2,511
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,183 7,572
Net (gain) loss on disposal of property, plant and equipment (10) 100
Gain on sales of assets held for sale 0 (487)
Gain on insurance recoveries (94) (399)
Stock-based compensation expense 1,730 1,761
Deferred income taxes 3,085 1,723
Pension contributions in excess of expense (847) (2,435)
Tax benefit from stock-based compensation (475) 0
Other non-cash items 437 (182)
Changes in operating assets and liabilities:    
Customer receivables (10,261) (8,752)
Inventories (2,287) (5,469)
Prepaid expenses and other assets (579) (637)
Accounts payable 3,032 3,483
Accrued compensation and related expenses 611 215
Other accrued expenses 2,361 (1,157)
Net Cash Provided (Used) by Operating Activities 15,812 (2,153)
INVESTING ACTIVITIES    
Payments to acquire property, plant, and equipment (3,793) (5,129)
Proceeds from sales of property, plant, and equipment 50 75
Proceeds from insurance recoveries 94 399
Proceeds from sales of assets held for sale 0 6,447
Investment in promotional displays (2,147) (2,873)
Net Cash Used by Investing Activities (5,796) (1,081)
FINANCING ACTIVITIES    
Payments of long-term debt (456) (336)
Proceeds from issuance of common stock 11,498 0
Tax benefit from stock-based compensation 475 0
Net Cash Provided (Used) by Financing Activities 11,517 (336)
Net Increase (Decrease) in Cash And Cash Equivalents 21,533 (3,570)
Cash And Cash Equivalents, Beginning of Period 96,971 66,620
Cash And Cash Equivalents, End of Period $ 118,504 $ 63,050