XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 29, 2022
Apr. 24, 2021
Current assets:    
Cash and cash equivalents $ 165,044 $ 143,244
Receivables, net of allowance for doubtful accounts of $6,780 and $6,138 467,111 449,235
Inventory 868,728 736,778
Prepaid expenses and other current assets 289,548 286,672
Total current assets 1,790,431 1,615,929
Property and equipment, net 214,426 219,438
Operating lease right-of-use assets, net 71,817 77,217
Long-term receivables, net 153,433 223,970
Goodwill, net 140,670 139,932
Identifiable intangibles, net 262,955 279,644
Investments 138,471 105,522
Other non-current assets 91,293 89,859
Total assets 2,863,496 2,751,511
Current liabilities:    
Accounts payable 715,544 609,264
Accrued payroll expense 101,320 118,425
Other accrued liabilities 149,816 175,975
Operating lease liabilities 30,417 32,252
Current maturities of long-term debt 0 100,750
Borrowings on revolving credit 135,000 53,000
Total current liabilities 1,132,097 1,089,666
Long-term debt 488,353 487,545
Non-current operating lease liabilities 43,513 48,318
Other non-current liabilities 155,355 161,311
Total liabilities 1,819,318 1,786,840
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 97,587 and 96,813 shares issued and outstanding 976 968
Additional paid-in capital 191,505 169,099
Accumulated other comprehensive loss (67,552) (62,592)
Retained earnings 918,311 855,741
Total Patterson Companies, Inc. stockholders' equity 1,043,240 963,216
Noncontrolling interests 938 1,455
Total stockholders’ equity 1,044,178 964,671
Total liabilities and stockholders’ equity $ 2,863,496 $ 2,751,511