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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 27, 2019
Apr. 28, 2018
Apr. 29, 2017
Cash flows from operating activities:      
Net income (loss) $ 3,769 $ (125,480) $ 22,023
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Depreciation and amortization (including amortization of deferred financing fees) 99,649 108,293 119,837
Stock-based compensation expense 3,975 6,865 6,299
Impairment charges 22,067 135,435 349
Deferred taxes 766 (30,865) 28,534
Loss on disposal of property and equipment 782 730 1,262
Net decrease in other long-term liabilities (1,772) (15,094) (14,602)
Net (increase) decrease in other non-current assets 5,617 (4,962) 872
Changes in operating assets and liabilities, net (28,863) (37,816) (17,752)
Net cash flows provided by operating activities 105,990 37,106 146,822
Cash flows from investing activities:      
Purchases of property and equipment (113,731) (87,651) (96,258)
Net cash flows used in investing activities (113,731) (87,651) (96,258)
Cash flows from financing activities:      
Proceeds from credit facility 1,218,274 1,173,317 1,140,178
Payments on credit facility (1,173,174) (1,079,517) (1,122,478)
Cash dividends paid (32,874) (43,638) (43,887)
Treasury stock repurchase plan     (23,281)
Purchase of treasury stock related to stock-based compensation (896) (653) (2,694)
Payment of amended credit facility related fees (4,425)    
Payment of credit facility related fees     (474)
Proceeds from exercise of common stock options     312
Cash dividends paid for long-term incentive awards (490) (188) (85)
Net cash flows provided by (used in) financing activities 6,415 49,321 (52,409)
Net decrease in cash and cash equivalents (1,326) (1,224) (1,845)
Cash and cash equivalents at beginning of period 10,769 11,993 13,838
Cash and cash equivalents at end of period 9,443 10,769 11,993
Changes in operating assets and liabilities, net:      
Receivables, net 3,315 2,732 57,623
Merchandise inventories, net 34,482 (11,287) (13,186)
Prepaid expenses and other current assets (5,751) 37,096 4,096
Accounts payable, accrued liabilities and gift card liabilities (60,909) (66,357) (66,285)
Changes in operating assets and liabilities, net (28,863) (37,816) (17,752)
Interest 11,609 7,611 5,487
Income taxes (net of refunds) (469) (3,145) (16,859)
Non-cash financing activity:      
Accrued cash dividends 11,000    
Accrued dividends for long-term incentive awards $ 1,273 $ 1,237 $ 577