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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 27, 2018
Apr. 28, 2018
Oct. 28, 2017
Current assets:      
Cash and cash equivalents $ 11,192 $ 10,769 $ 11,324
Receivables, net 63,718 64,562 73,903
Merchandise inventories, net 1,145,700 958,196 1,177,080
Prepaid expenses and other current assets 77,938 65,153 141,244
Total current assets 1,298,548 1,098,680 1,403,551
Property and equipment:      
Land and land improvements 2,541 2,541 2,541
Buildings and leasehold improvements 1,090,505 1,080,952 1,076,591
Fixtures and equipment 1,550,430 1,523,485 1,644,472
Property and equipment, gross 2,643,476 2,606,978 2,723,604
Less accumulated depreciation and amortization 2,384,361 2,351,454 2,451,675
Net property and equipment 259,115 255,524 271,929
Goodwill 71,593 71,593 207,381
Intangible assets, net 309,419 309,649 309,860
Other non-current assets 17,484 14,122 9,967
Total assets 1,956,159 [1] 1,749,568 2,202,688 [1]
Current liabilities:      
Accounts payable 621,579 458,896 656,620
Accrued liabilities 267,479 260,209 280,905
Gift card liabilities 214,352 323,465 327,217
Total current liabilities 1,103,410 1,042,570 1,264,742
Long-term debt 278,325 158,700 242,833
Deferred taxes 72,147 52,044 83,785
Other long-term liabilities 85,842 84,271 95,155
Shareholders' equity:      
Common stock; $0.001 par value; 300,000 shares authorized; 112,752, 112,226 and 112,238 shares issued, respectively 112 112 112
Additional paid-in capital 1,751,258 1,749,555 1,745,822
Accumulated other comprehensive income 276 276 315
Retained earnings (212,684) (216,236) (108,383)
Treasury stock, at cost, 39,732, 39,580 and 39,585 shares, respectively (1,122,527) (1,121,724) (1,121,693)
Total shareholders' equity 416,435 411,983 516,173
Commitments and contingencies
Total liabilities and shareholders' equity $ 1,956,159 $ 1,749,568 $ 2,202,688
[1] (b) Excludes intercompany balances.