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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
OPERATING ACTIVITIES      
Net income (loss) $ 93,723,000 $ (29,722,000) $ 61,193,000
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:      
Depreciation and amortization 93,744,000 96,606,000 100,289,000
Net (gain) loss on disposal of property, plant and equipment 1,050,000 697,000 (1,859,000)
Reduction in carrying amount of operating lease right-of-use assets 26,592,000 27,610,000 27,192,000
Amortization of debt issuance costs 861,000 867,000 2,501,000
Unrealized gain on foreign exchange forward contracts 0 0 (1,102,000)
Net (gain) loss on debt forgiveness and modification 2,089,000 0 (13,792,000)
Stock-based compensation expense 7,396,000 4,708,000 4,598,000
Deferred income taxes (24,152,000) (25,717,000) (12,840,000)
Pension contributions in excess of (less than) expense 0 710,000 (2,007,000)
Pension settlement, net 7,000 (68,473,000) 0
Contributions of employer stock to employee benefit plan 838,000 2,938,000 3,743,000
Other non-cash items 7,522,000 489,000 4,140,000
Changes in operating assets and liabilities (net of acquired assets and liabilities):      
Customer receivables 35,011,000 (11,366,000) (42,829,000)
Inventories 30,937,000 (70,386,000) (34,454,000)
Income taxes receivable 3,055,000 (6,206,000) 488,000
Prepaid expenses and other assets (5,309,000) (3,542,000) (6,456,000)
Accounts payable (50,191,000) 16,386,000 32,752,000
Accrued compensation and related expenses 5,060,000 (15,518,000) 1,226,000
Operating lease liabilities (26,906,000) (25,100,000) (24,371,000)
Marketing and other accrued expenses 1,702,000 (7,482,000) 25,767,000
Net Cash Provided by Operating Activities 198,837,000 24,445,000 151,763,000
INVESTING ACTIVITIES      
Payments to acquire property, plant and equipment (42,600,000) (44,122,000) (35,734,000)
Proceeds from sales of property, plant and equipment 43,000 10,000 3,889,000
Investment in promotional displays (2,780,000) (7,460,000) (10,584,000)
Net Cash Used by Investing Activities (45,337,000) (51,572,000) (42,429,000)
FINANCING ACTIVITIES      
Payments of long-term debt (132,894,000) (50,891,000) (432,508,000)
Proceeds from long-term debt 0 35,430,000 350,000,000
Repurchase of common stock 0 (25,000,000) (20,000,000)
Withholding of employee taxes related to stock-based compensation (1,199,000) (1,116,000) (1,351,000)
Debt issuance cost 0 (42,000) (2,930,000)
Premium paid on debt extinguishment 0 0 (8,533,000)
Net Cash Used by Financing Activities (134,093,000) (41,619,000) (115,322,000)
Net Increase (Decrease) in Cash and Cash Equivalents 19,407,000 (68,746,000) (5,988,000)
Cash and Cash Equivalents, Beginning of Year 22,325,000 91,071,000 97,059,000
Cash and Cash Equivalents, End of Year 41,732,000 22,325,000 91,071,000
Non-cash investing and financing activities:      
Property, plant and equipment 2,684 1,050 2,527
Cash paid during the period for:      
Interest 17,347 9,904 22,981
Income taxes $ 49,593 $ 18,761 $ 33,055