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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2021
Jul. 31, 2020
OPERATING ACTIVITIES    
Net income $ 2,981,000 $ 16,059,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,442,000 26,352,000
Net loss on disposal of property, plant and equipment 115,000 46,000
Reduction in the carrying amount of operating lease right-of-use assets 6,955,000 6,706,000
Amortization of debt issuance costs 217,000 630,000
Unrealized (gain) loss on foreign exchange forward contracts (350,000) 1,255,000
Stock-based compensation expense 1,177,000 961,000
Deferred income taxes (24,000) (3,000,000)
Pension contributions and related (income) expense 305,000 (502,000)
Contributions of employer stock to employee benefit plan 2,938,000 3,743,000
Other non-cash items (961,000) 750,000
Changes in operating assets and liabilities:    
Customer receivables 16,644,000 (17,524,000)
Inventories (23,532,000) (14,968,000)
Prepaid expenses and other assets (1,751,000) (465,000)
Accounts payable (4,560,000) 5,979,000
Accrued compensation and related expenses (10,538,000) (371,000)
Income taxes payable 326,000 7,855,000
Operating lease liabilities (6,610,000) (6,142,000)
Marketing and other accrued expenses (1,186,000) 12,636,000
Net cash provided by operating activities 6,588,000 40,000,000
INVESTING ACTIVITIES    
Payments to acquire property, plant and equipment (11,871,000) (5,183,000)
Proceeds from sales of property, plant and equipment 5,000 6,000
Investment in promotional displays (2,840,000) (2,659,000)
Net cash used by investing activities (14,706,000) (7,836,000)
FINANCING ACTIVITIES    
Payments of long-term debt (29,105,000) (634,000)
Repurchase of common stock 25,000,000 0
Withholding of employee taxes related to stock-based compensation (1,033,000) (534,000)
Debt issuance cost 3,000 0
Net cash used by financing activities (55,135,000) (1,168,000)
Net increase (decrease) in cash and cash equivalents (63,253,000) 30,996,000
Cash and cash equivalents, beginning of period 91,071,000 97,059,000
Cash and cash equivalents, end of period 27,818,000 128,055,000
Non-cash investing and financing activities:    
Property, plant and equipment included in accounts payable at period end 152 502
Cash paid during the period for:    
Interest 2,139 1,195
Income taxes $ 991 $ 974