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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2021
Apr. 24, 2021
Current assets:    
Cash and cash equivalents $ 136,930 $ 143,244
Receivables, net of allowance for doubtful accounts of $5,857 and $6,138 373,533 449,235
Inventory 770,366 736,778
Prepaid expenses and other current assets 330,655 286,672
Total current assets 1,611,484 1,615,929
Property and equipment, net 216,397 219,438
Operating lease right-of-use assets, net 78,310 77,217
Long-term receivables, net 191,799 223,970
Goodwill, net 140,985 139,932
Identifiable intangibles, net 284,394 279,644
Investments 140,193 105,522
Other non-current assets 87,287 89,859
Total assets 2,750,849 2,751,511
Current liabilities:    
Accounts payable 593,091 609,264
Accrued payroll expense 63,650 118,425
Other accrued liabilities 236,005 175,975
Operating lease liabilities 32,388 32,252
Current maturities of long-term debt 100,750 100,750
Borrowings on revolving credit 42,000 53,000
Total current liabilities 1,067,884 1,089,666
Long-term debt 487,818 487,545
Non-current operating lease liabilities 48,719 48,318
Other non-current liabilities 165,823 161,311
Total liabilities 1,770,244 1,786,840
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 97,235 and 96,813 shares issued and outstanding 972 968
Additional paid-in capital 176,182 169,099
Accumulated other comprehensive loss (62,007) (62,592)
Retained earnings 864,197 855,741
Total Patterson Companies, Inc. stockholders' equity 979,344 963,216
Noncontrolling interests 1,261 1,455
Total stockholders’ equity 980,605 964,671
Total liabilities and stockholders’ equity $ 2,750,849 $ 2,751,511