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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 27, 2018
Jan. 28, 2017
Operating activities:    
Net income $ 180,046 $ 109,202
Net loss from discontinued operations 0 (3,229)
Net income from continuing operations 180,046 112,431
Adjustments to reconcile net income from continuing operations to net cash provided by (used in) operating activities:    
Depreciation 33,672 29,037
Amortization 29,115 34,019
Intangible asset impairment 0 36,312
Bad debt expense 4,471 1,013
Non-cash employee compensation 22,999 17,254
Deferred income taxes (38,299) (7,220)
Change in assets and liabilities, net of acquired (191,991) (232,257)
Net cash provided by (used in) operating activities- continuing operations 40,013 (9,411)
Net cash used in operating activities- discontinued operations 0 (3,229)
Net cash provided by (used in) operating activities 40,013 (12,640)
Investing activities:    
Additions to property and equipment (28,239) (37,457)
Collection of deferred purchase price receivables 37,068 38,964
Other investing activities 10,600 (3,095)
Net cash provided by (used in) investing activities- continuing operations 19,429 (1,588)
Net cash provided by investing activities- discontinued operations 0 0
Net cash provided by (used in) investing activities 19,429 (1,588)
Financing activities:    
Dividends paid (74,641) (70,947)
Repurchases of common stock (87,500) (84,651)
Debt amendment costs 0 (1,266)
Retirement of long-term debt (7,377) (22,550)
Draw on revolver 120,000 178,000
Other financing activities 7,546 5,495
Net cash provided by (used in) financing activities (41,972) 4,081
Effect of exchange rate changes on cash 5,576 (5,567)
Net change in cash and cash equivalents 23,046 (15,714)
Cash and cash equivalents at beginning of period 94,959 137,453
Cash and cash equivalents at end of period $ 118,005 $ 121,739