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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Oct. 31, 2020
Oct. 31, 2019
OPERATING ACTIVITIES    
Net income $ 38,741,000 $ 49,044,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 51,779,000 48,527,000
Net loss on disposal of property, plant and equipment 332,000 217,000
Reduction in the carrying amount of operating lease right-of-use assets 13,366,000 12,768,000
Amortization of debt issuance costs 1,263,000 1,316,000
Unrealized gain on foreign exchange forward contracts (1,821,000) (96,000)
Stock-based compensation expense 2,227,000 2,075,000
Deferred income taxes (6,927,000) (5,464,000)
Pension contributions in excess of expense (1,004,000) (626,000)
Contributions of employer stock to employee benefit plan 3,743,000 3,772,000
Other non-cash items 2,299,000 951,000
Changes in operating assets and liabilities:    
Customer receivables (45,071,000) 5,026,000
Income taxes receivable 2,003,000 (1,695,000)
Inventories (16,805,000) (12,123,000)
Prepaid expenses and other assets (4,825,000) (5,634,000)
Accounts payable 21,575,000 673,000
Accrued compensation and related expenses 7,206,000 (4,379,000)
Operating lease liabilities (12,144,000) (11,783,000)
Marketing and other accrued expenses 20,631,000 3,663,000
Net cash provided by operating activities 76,568,000 86,232,000
INVESTING ACTIVITIES    
Payments to acquire property, plant and equipment (14,142,000) (15,918,000)
Proceeds from sales of property, plant and equipment 194,000 313,000
Maturities of certificates of deposit 0 1,500,000
Investment in promotional displays (4,982,000) (4,183,000)
Net cash used by investing activities (18,930,000) (18,288,000)
FINANCING ACTIVITIES    
Payments of long-term debt (41,255,000) (73,198,000)
Proceeds from issuance of common stock 0 83,000
Withholding of employee taxes related to stock-based compensation (710,000) (1,050,000)
Excess Tax Benefit from Share-based Compensation, Financing Activities (172,000) 0
Net cash used by financing activities (42,137,000) (74,165,000)
Net increase (decrease) in cash and cash equivalents 15,501,000 (6,221,000)
Cash and cash equivalents, beginning of period 97,059,000 57,656,000
Cash and cash equivalents, end of period 112,560,000 51,435,000
Non-cash investing and financing activities:    
Property, plant and equipment included in accounts payable at period end 484 901
Cash paid during the period for:    
Interest 10,848 15,025
Income taxes $ 18,119 $ 24,573