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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2021
Apr. 24, 2021
Oct. 24, 2020
Jul. 25, 2020
Statement of Cash Flows [Abstract]        
Net income (loss) $ 33,802 $ 28,514 $ 53,826 $ 24,202
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation 10,977     10,562
Amortization 9,541     9,305
Gains on investments (87,827)     0
Non-cash employee compensation 7,839     9,583
Non-cash losses (gains) and other, net 3,385     503
Change in assets and liabilities:        
Receivables (206,199)     (153,113)
Inventory 30,750     (118,630)
Accounts payable (15,974)     (317,032)
Accrued liabilities 208     48,521
Other changes from operating activities, net (38,423)     19,031
Net cash used in operating activities (313,421)     (229,808)
Investing activities:        
Additions to property and equipment (7,717)     (6,439)
Cash collections on DPP receivable 315,217     139,466
Acquisitions, net of cash acquired (19,793)     0
Sale of investments 57,245     396
Net cash provided by investing activities 344,952     133,423
Financing activities:        
Dividends paid (25,138)     0
(Payment) draw on revolving credit (11,000)     136,000
Other financing activities (1,897)     (722)
Net cash (used in) provided by financing activities (38,035)     135,278
Effect of exchange rate changes on cash 190     2,724
Net change in cash and cash equivalents (6,314)     41,617
Cash and cash equivalents at beginning of period 143,244   $ 119,561 77,944
Cash and cash equivalents at end of period 136,930 $ 143,244   119,561
Supplemental disclosure of non-cash investing activity:        
Noncash investments acquired $ 286,607     $ 201,861