XML 23 R9.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2023
OPERATING ACTIVITIES      
Net income $ 99,456,000 $ 116,216,000 $ 93,723,000
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:      
Depreciation and amortization 55,912,000 78,781,000 93,744,000
Net loss on disposal of property, plant and equipment 463,000 1,742,000 1,050,000
Reduction in carrying amount of operating lease right-of-use assets 38,746,000 31,365,000 26,592,000
Amortization of debt issuance costs 857,000 842,000 861,000
Unrealized loss on foreign exchange forward contracts 3,535,000 1,544,000 0
Net gain on debt forgiveness and modification 10,000 0 2,089,000
Stock-based compensation expense 7,989,000 10,682,000 7,396,000
Deferred income taxes (9,057,000) (9,565,000) (24,152,000)
Pension settlement, net 0 0 7,000
Contributions of employer stock to employee benefit plan 5,275,000 3,676,000 838,000
Other non-cash items 2,946,000 1,881,000 7,522,000
Changes in operating assets and liabilities:      
Customer receivables, net 3,862,000 1,783,000 35,011,000
Inventories (22,736,000) 28,459,000 30,937,000
Income taxes receivable/payable 11,122,000 (16,815,000) 3,055,000
Prepaid expenses and other assets (17,557,000) (5,515,000) (5,309,000)
Accounts payable (18,559,000) 227,000 (50,191,000)
Accrued compensation and related expenses (9,747,000) 11,246,000 5,060,000
Operating lease liabilities (38,807,000) (30,388,000) (26,906,000)
Accrued marketing and other accrued expenses (5,243,000) 4,589,000 1,702,000
Net Cash Provided by Operating Activities 108,447,000 230,750,000 198,837,000
INVESTING ACTIVITIES      
Payments to acquire property, plant and equipment (39,719,000) (91,048,000) (42,600,000)
Proceeds from sales of property, plant and equipment 105,000 50,000 43,000
Investment in promotional displays (3,044,000) (1,193,000) (2,780,000)
Net Cash Used by Investing Activities (42,658,000) (92,191,000) (45,337,000)
FINANCING ACTIVITIES      
Payments of long-term debt (5,318,000) (2,749,000) (132,894,000)
Repurchase of common stock (96,711,000) (87,652,000) 0
Withholding of employee taxes related to stock-based compensation (2,765,000) (2,492,000) (1,199,000)
Debt issuance cost (198,000) 0 0
Net Cash Used by Financing Activities (104,992,000) (92,893,000) (134,093,000)
Net (Decrease) Increase in Cash and Cash Equivalents (39,203,000) 45,666,000 19,407,000
Cash and Cash Equivalents, Beginning of Year 87,398,000 41,732,000 22,325,000
Cash and Cash Equivalents, End of Year 48,195,000 87,398,000 41,732,000
Non-cash investing and financing activities:      
Property, plant and equipment 4,383 327 2,684
Cash paid during the period for:      
Interest 14,811 14,873 17,347
Income taxes $ 43,708,000 $ 62,949,000 $ 49,593,000