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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Operating activities:    
Net income $ 71,091 $ 84,662
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 22,458 18,010
Amortization 19,375 23,997
Bad debt expense 3,716 58
Non-cash employee compensation 16,635 14,693
Change in assets and liabilities, net of acquired (56,167) (196,726)
Net cash used in operating activities 77,108 (55,306)
Investing activities:    
Additions to property and equipment (16,431) (29,377)
Collection of deferred purchase price receivables 24,581 26,210
Other investing activities 11,626 (3,095)
Net cash provided by (used in) investing activities 19,776 (6,262)
Financing activities:    
Dividends paid (49,969) (47,655)
Repurchases of common stock (71,254) (50,000)
Retirement of long-term debt (7,377) (8,250)
Draw on revolver 33,000 143,000
Other financing activities 3,561 974
Net cash provided by financing activities (92,039) 38,069
Effect of exchange rate changes on cash 1,652 (3,567)
Net change in cash and cash equivalents 6,497 (27,066)
Cash and cash equivalents at beginning of period 94,959 $ 137,453
Cash and cash equivalents at end of period $ 101,456