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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 24, 2020
Apr. 25, 2020
Current assets:    
Cash and cash equivalents $ 139,481 $ 77,944
Receivables, net of allowance for doubtful accounts of $6,421 and $5,123 491,687 416,523
Inventory 761,941 812,194
Prepaid expenses and other current assets 263,149 236,104
Total current assets 1,656,258 1,542,765
Property and equipment, net 298,460 303,725
Operating lease right-of-use assets, net 81,171 79,021
Long-term receivables, net 193,810 214,915
Goodwill, net 139,411 138,724
Identifiable intangibles, net 296,271 313,505
Other non-current assets 123,643 122,695
Total assets 2,789,024 2,715,350
Current liabilities:    
Accounts payable 690,755 862,093
Accrued payroll expense 78,224 68,385
Other accrued liabilities 161,093 113,714
Operating lease liabilities 31,814 30,706
Borrowings on revolving credit 111,000 0
Total current liabilities 1,072,886 1,074,898
Long-term debt 588,329 587,766
Non-current operating lease liabilities 53,796 49,854
Other non-current liabilities 181,286 166,388
Total liabilities 1,896,297 1,878,906
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 96,495 and 95,947 shares issued and outstanding 965 959
Additional paid-in capital 157,793 146,606
Accumulated other comprehensive loss (80,602) (97,039)
Retained earnings 828,744 799,652
Unearned ESOP shares (16,061) (16,061)
Total Patterson Companies, Inc. stockholders' equity 890,839 834,117
Noncontrolling interests 1,888 2,327
Total stockholders’ equity 892,727 836,444
Total liabilities and stockholders’ equity $ 2,789,024 $ 2,715,350