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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 29, 2022
Jan. 23, 2021
Jan. 29, 2022
Jan. 23, 2021
Income Statement [Abstract]        
Net sales $ 1,596,596 $ 1,551,268 $ 4,860,633 $ 4,350,273
Cost of sales 1,259,985 1,226,727 3,919,785 3,451,548
Gross profit 336,611 324,541 940,848 898,725
Operating expenses 275,778 262,860 856,684 725,466
Operating income 60,833 61,681 84,164 173,259
Gains on investments 13,092 0 100,919 0
Other income (expense):        
Other income, net 6,186 4,323 14,413 9,580
Interest expense (4,879) (5,532) (15,595) (18,604)
Income before taxes 75,232 60,472 183,901 164,235
Income tax expense 18,657 11,905 45,586 37,640
Net income 56,575 48,567 138,315 126,595
Net loss attributable to noncontrolling interests (431) (192) (1,017) (631)
Net income attributable to Patterson Companies, Inc. $ 57,006 $ 48,759 $ 139,332 $ 127,226
Earnings per share attributable to Patterson Companies, Inc.:        
Basic (in USD per share) $ 0.58 $ 0.51 $ 1.43 $ 1.33
Diluted (in USD per share) $ 0.58 $ 0.50 $ 1.42 $ 1.32
Weighted average shares:        
Basic (in shares) 97,471 95,734 97,213 95,472
Diluted (in shares) 98,554 96,953 98,450 96,379
Dividends declared per common share (in USD per share) $ 0.26 $ 0.26 $ 0.78 $ 0.78
Comprehensive income:        
Net income (loss) $ 56,575 $ 48,567 $ 138,315 $ 126,595
Foreign currency translation (loss) gain (6,506) 11,790 (5,742) 27,706
Cash flow hedges, net of tax 261 261 782 782
Comprehensive income $ 50,330 $ 60,618 $ 133,355 $ 155,083