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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Oct. 31, 2022
Oct. 31, 2021
OPERATING ACTIVITIES    
Net income $ 48,854 $ 5,011
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 47,598 48,780
Net loss on disposal of property, plant and equipment 214 151
Reduction in the carrying amount of operating lease right-of-use assets 13,455 13,983
Amortization of debt issuance costs 432 434
Unrealized (gain) loss on foreign exchange forward contracts 580 (170)
Stock-based compensation expense 3,389 2,393
Deferred income taxes (5,237) (3,994)
Pension settlement, net (245) 0
Pension contributions and related (income) expense 0 609
Contributions of employer stock to employee benefit plan 838 2,938
Other non-cash items 3,552 169
Changes in operating assets and liabilities:    
Customer receivables 1,078 (2,829)
Income taxes receivable (1,258) (5,750)
Inventories (27,747) (33,198)
Prepaid expenses and other assets (9,211) (6,206)
Accounts payable (26,048) (5,214)
Accrued compensation and related expenses 13,996 (13,838)
Operating lease liabilities (13,490) (12,798)
Marketing and other accrued expenses 5,836 (987)
Net cash provided (used) by operating activities 55,426 (10,176)
INVESTING ACTIVITIES    
Payments to acquire property, plant and equipment (9,535) (22,109)
Proceeds from sales of property, plant and equipment 21 5
Investment in promotional displays (1,452) (4,994)
Net cash used by investing activities (10,966) (27,098)
FINANCING ACTIVITIES    
Payments of long-term debt (21,178) (39,705)
Proceeds from long-term debt 0 20,000
Repurchase of common stock 0 25,000
Withholding of employee taxes related to stock-based compensation (773) (1,079)
Debt issuance cost 0 (6)
Net cash used by financing activities (21,951) (45,790)
Net increase (decrease) in cash and cash equivalents 22,509 (83,064)
Cash and cash equivalents, beginning of period 22,325 91,071
Cash and cash equivalents, end of period 44,834 8,007
Non-cash investing and financing activities:    
Property, plant and equipment included in accounts payable at period end 247 701
Cash paid during the period for:    
Interest 8,508 4,324
Income taxes $ 13,362 $ 11,405