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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2020
OPERATING ACTIVITIES      
Net income (loss) $ (29,722,000) $ 61,193,000 $ 73,653,000
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:      
Depreciation and amortization 96,606,000 100,289,000 98,513,000
Net (gain) loss on disposal of property, plant and equipment 697,000 (1,859,000) 2,629,000
Reduction in carrying amount of operating lease right-of-use assets 27,610,000 27,192,000 25,405,000
Amortization of debt issuance costs 867,000 2,501,000 2,603,000
Unrealized (gain) loss on foreign exchange forward contracts 0 (1,102,000) 1,102,000
Loss on extinguishment of debt 0 (13,792,000) 0
Stock-based compensation expense 4,708,000 4,598,000 3,989,000
Deferred income taxes (25,717,000) (12,840,000) (11,911,000)
Pension contributions in excess of (less than) expense 710,000 (2,007,000) (1,130,000)
Pension settlement, net (68,473,000) 0 0
Contributions of employer stock to employee benefit plan 2,938,000 3,743,000 3,772,000
Other non-cash items 489,000 4,140,000 672,000
Changes in operating assets and liabilities (net of acquired assets and liabilities):      
Customer receivables (11,366,000) (42,829,000) 21,018,000
Inventories (70,386,000) (34,454,000) (2,866,000)
Income taxes receivable (6,206,000) 488,000 1,162,000
Prepaid expenses and other assets (3,542,000) (6,456,000) (3,165,000)
Accounts payable 16,386,000 32,752,000 (6,237,000)
Accrued compensation and related expenses (15,518,000) 1,226,000 (5,843,000)
Operating lease liabilities (25,100,000) (24,371,000) (22,595,000)
Marketing and other accrued expenses (7,482,000) 25,767,000 (3,229,000)
Net Cash Provided by Operating Activities 24,445,000 151,763,000 177,542,000
INVESTING ACTIVITIES      
Payments to acquire property, plant and equipment (44,122,000) (35,734,000) (31,670,000)
Proceeds from sales of property, plant and equipment 10,000 3,889,000 323,000
Maturities of certificates of deposit 0 0 1,500,000
Investment in promotional displays (7,460,000) (10,584,000) (9,069,000)
Net Cash Used by Investing Activities (51,572,000) (42,429,000) (38,916,000)
FINANCING ACTIVITIES      
Payments of long-term debt (50,891,000) (432,508,000) (98,468,000)
Proceeds from long-term debt 35,430,000 350,000,000 0
Proceeds from issuance of common stock and other 0 0 295,000
Repurchase of common stock (25,000,000) (20,000,000) 0
Withholding of employee taxes related to stock-based compensation (1,116,000) (1,351,000) (1,050,000)
Debt issuance cost (42,000) (2,930,000) 0
Premium paid on debt extinguishment 0 (8,533,000) 0
Net Cash Used by Financing Activities (41,619,000) (115,322,000) (99,223,000)
Net (Decrease) Increase in Cash and Cash Equivalents (68,746,000) (5,988,000) 39,403,000
Cash and Cash Equivalents, Beginning of Year 91,071,000 97,059,000 57,656,000
Cash and Cash Equivalents, End of Year 22,325,000 91,071,000 97,059,000
Non-cash investing and financing activities:      
Property, plant and equipment 1,050 2,527 1,303
Cash paid during the period for:      
Interest 9,904 22,981 27,654
Income taxes $ 18,761 $ 33,055 $ 36,154