XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 27, 2018
Apr. 28, 2018
Current assets:    
Cash and cash equivalents $ 165,515 $ 62,984
Receivables, net of allowance for doubtful accounts 571,232 826,877
Inventory 792,533 779,834
Prepaid expenses and other current assets 176,019 103,029
Total current assets 1,705,299 1,772,724
Property and equipment, net 289,602 290,590
Long-term receivables, net 86,513 135,175
Goodwill 814,348 815,977
Identifiable intangibles, net 368,185 389,424
Other 80,307 67,774
Total assets 3,344,254 3,471,664
Current liabilities:    
Accounts payable 662,731 610,368
Accrued payroll expense 61,602 69,099
Other accrued liabilities 164,301 136,316
Current maturities of long-term debt 80,286 76,598
Borrowings on revolving credit 0 16,000
Total current liabilities 968,920 908,381
Long-term debt 738,341 922,030
Other non-current liabilities 181,305 179,463
Total liabilities 1,888,566 2,009,874
Stockholders’ equity:    
Common stock, $.01 par value: 600,000 shares authorized; 94,950 and 94,756 shares issued and outstanding 950 948
Additional paid-in capital 116,112 103,776
Accumulated other comprehensive loss (86,733) (74,974)
Retained earnings 1,473,357 1,497,766
Unearned ESOP shares (51,722) (65,726)
Total Patterson Companies, Inc. stockholders' equity 1,451,964 1,461,790
Noncontrolling interests 3,724 0
Total stockholders’ equity 1,455,688 1,461,790
Total liabilities and stockholders’ equity $ 3,344,254 $ 3,471,664