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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jan. 31, 2021
Jan. 31, 2020
OPERATING ACTIVITIES    
Net income $ 55,936,000 $ 61,848,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 76,482,000 73,362,000
Net (gain) loss on disposal of property, plant and equipment (2,008,000) 350,000
Reduction in the carrying amount of operating lease right-of-use assets 20,252,000 19,462,000
Amortization of debt issuance costs 1,901,000 1,963,000
Unrealized gain on foreign exchange forward contracts (1,720,000) (244,000)
Stock-based compensation expense 3,543,000 3,122,000
Deferred income taxes (8,939,000) (8,623,000)
Pension contributions in excess of expense (1,505,000) (964,000)
Contributions of employer stock to employee benefit plan 3,743,000 3,772,000
Other non-cash items 1,899,000 314,000
Changes in operating assets and liabilities:    
Customer receivables (43,564,000) 5,170,000
Income taxes receivable (4,070,000) (5,229,000)
Inventories (33,835,000) (14,289,000)
Prepaid expenses and other assets (6,606,000) (6,785,000)
Accounts payable 31,293,000 4,438,000
Accrued compensation and related expenses 9,309,000 (9,193,000)
Operating lease liabilities (18,161,000) (16,731,000)
Marketing and other accrued expenses 23,559,000 465,000
Net cash provided by operating activities 107,509,000 112,208,000
INVESTING ACTIVITIES    
Payments to acquire property, plant and equipment (25,479,000) (25,563,000)
Proceeds from sales of property, plant and equipment 3,872,000 321,000
Maturities of certificates of deposit 0 1,500,000
Investment in promotional displays (7,757,000) (6,471,000)
Net cash used by investing activities (29,364,000) (30,213,000)
FINANCING ACTIVITIES    
Payments of long-term debt (81,889,000) (91,833,000)
Proceeds from issuance of common stock 0 295,000
Withholding of employee taxes related to stock-based compensation (1,351,000) (1,050,000)
Excess Tax Benefit from Share-based Compensation, Financing Activities (172,000) 0
Net cash used by financing activities (83,412,000) (92,588,000)
Net decrease in cash and cash equivalents (5,267,000) (10,593,000)
Cash and cash equivalents, beginning of period 97,059,000 57,656,000
Cash and cash equivalents, end of period 91,792,000 47,063,000
Non-cash investing and financing activities:    
Property, plant and equipment included in accounts payable at period end 1,130 1,953
Cash paid during the period for:    
Interest 11,757 17,322
Income taxes $ 31,830 $ 35,870