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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 23, 2021
Jan. 25, 2020
Statement of Cash Flows [Abstract]    
Net income (loss) $ 126,595 $ 19,430
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 30,452 33,995
Amortization 27,903 27,897
Investment gain 0 (34,334)
Non-cash employee compensation 25,161 28,661
Accelerated amortization of costs on early repayment of debt 0 8,984
Non-cash losses (gains) and other, net 6,791 0
Change in assets and liabilities:    
Receivables (685,345) (380,340)
Inventory 12,506 104,494
Accounts payable (199,558) 151,464
Accrued liabilities 67,503 108,107
Long term receivables (3,103) (6,169)
Other changes from operating activities, net 11,223 (22,157)
Net cash used in operating activities (604,884) (168,956)
Investing activities:    
Additions to property and equipment (21,101) (32,872)
Cash collections on DPP receivable 634,499 359,329
Other investing activities 2,493 0
Net cash provided by investing activities 615,891 326,457
Financing activities:    
Dividends paid (50,077) (75,522)
Proceeds from issuance of long-term debt 0 300,000
Debt issuance costs 0 (3,300)
Payments on long-term debt 0 (460,840)
Draw on revolving credit 108,000 95,000
Other financing activities 2,139 (3,319)
Net cash provided by (used in) financing activities 60,062 (147,981)
Effect of exchange rate changes on cash 6,948 1,003
Net change in cash and cash equivalents 78,017 10,523
Cash and cash equivalents at beginning of period 77,944 95,646
Cash and cash equivalents at end of period 155,961 106,169
Supplemental disclosure of non-cash investing activity:    
Noncash investments acquired $ 659,669 $ 518,271