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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2018
Jul. 31, 2017
OPERATING ACTIVITIES    
Net income $ 24,767,000 $ 22,281,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,018,000 5,536,000
Net loss on disposal of property, plant and equipment 354,000 32,000
Amortization of debt issuance costs 700,000 0
Unrealized gain on foreign exchange forward contracts (794,000) 0
Gain on insurance recoveries (580,000) 0
Stock-based compensation expense 786,000 945,000
Deferred income taxes (1,744,000) 1,650,000
Pension contributions in excess of expense (1,545,000) (1,841,000)
Contributions of employer stock to employee benefit plan 3,623,000 3,554,000
Other non-cash items (456,000) (258,000)
Changes in operating assets and liabilities:    
Customer receivables 4,758,000 406,000
Income taxes receivables 8,153,000 0
Inventories (8,270,000) (1,826,000)
Prepaid expenses and other assets 835,000 (1,260,000)
Accounts payable (7,793,000) (410,000)
Accrued compensation and related expenses 1,741,000 (7,556,000)
Income taxes payable 0 6,293,000
Marketing and other accrued expenses 5,384,000 (976,000)
Net cash provided by operating activities 52,937,000 26,570,000
INVESTING ACTIVITIES    
Payments to acquire property, plant and equipment (9,309,000) (10,643,000)
Proceeds from sales of property, plant and equipment 9,000 2,000
Proceeds from insurance recoveries 580,000 0
Acquisition of business, net of cash acquired (7,182,000) 0
Purchases of certificates of deposit 0 17,250,000
Maturities of certificates of deposit 1,750,000 7,750,000
Investment in promotional displays (2,254,000) (1,037,000)
Net cash used by investing activities (16,406,000) (21,178,000)
FINANCING ACTIVITIES    
Payments of long-term debt (63,516,000) (455,000)
Proceeds from long-term debt 0 734,000
Proceeds from issuance of common stock 500,000 1,257,000
Repurchase of common stock 0 (5,562,000)
Withholding of employee taxes related to stock-based compensation (1,739,000) (2,747,000)
Net cash used by financing activities (64,755,000) (6,773,000)
Net decrease in cash and cash equivalents (28,224,000) (1,381,000)
Cash and cash equivalents, beginning of period 78,410,000 176,978,000
Cash and cash equivalents, end of period 50,186,000 175,597,000
Non-cash investing and financing activities:    
Property, plant and equipment included in accounts payable at period end 2,052 0
Cash paid during the period for:    
Interest 4,756 93
Income taxes $ 1,623 $ 1,123