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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Apr. 30, 2022
Apr. 24, 2021
Apr. 25, 2020
Operating activities:      
Net income (loss) $ 201,714,000 $ 155,109,000 $ (589,367,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation 44,180,000 41,669,000 44,981,000
Amortization 37,812,000 37,227,000 37,201,000
Gains on investments (101,809,000) 0 (34,334,000)
Goodwill impairment 0 0 675,055,000
Bad debt expense 2,769,000 2,559,000 2,008,000
Non-cash employee compensation 23,805,000 30,488,000 37,354,000
Accelerated amortization of debt issuance costs on early retirement of debt 0 0 8,984,000
Deferred income taxes (4,718,000) (10,760,000) (31,800,000)
Non-cash (gains) losses and other, net (1,431,000) 1,318,000 0
Change in assets and liabilities:      
Receivables (1,144,833,000) (916,694,000) (540,065,000)
Inventory (53,871,000) 91,193,000 (59,258,000)
Accounts payable 80,904,000 (268,338,000) 219,613,000
Accrued liabilities (27,630,000) 85,849,000 25,474,000
Other changes from operating activities, net (37,886,000) 19,861,000 (39,390,000)
Net cash used in operating activities (980,994,000) (730,519,000) (243,544,000)
Investing activities:      
Additions to property and equipment (38,308,000) (25,788,000) (41,809,000)
Acquisitions, net of cash acquired (19,793,000) 0 0
Collection of deferred purchase price receivables 1,213,497,000 833,958,000 540,944,000
Sale of investments 75,942,000 396,000 0
Other investing activities 7,690,000 2,097,000 0
Net cash provided by investing activities 1,239,028,000 810,663,000 499,135,000
Financing activities:      
Dividends paid (101,111,000) (75,183,000) (100,442,000)
Repurchases of common stock (35,000,000) 0 0
Proceeds from issuance of long-term debt 0 0 300,000,000
Debt issuance costs 0 0 (3,300,000)
Payments on long-term debt (100,750,000) 0 (460,840,000)
(Payment) draw on revolving credit (24,000,000) 53,000,000 0
Other financing activities 7,627,000 (462,000) (6,647,000)
Net cash used in financing activities (253,234,000) (22,645,000) (271,229,000)
Effect of exchange rate changes on cash (6,030,000) 7,801,000 (2,064,000)
Net change in cash and cash equivalents (1,230,000) 65,300,000 (17,702,000)
Cash and cash equivalents at beginning of period 143,244,000 77,944,000 95,646,000
Cash and cash equivalents at end of period 142,014,000 143,244,000 77,944,000
Supplemental disclosures:      
Income taxes paid 83,549,000 48,924,000 12,021,000
Interest paid 14,633,000 15,234,000 25,742,000
Supplemental disclosure of non-cash investing activity:      
Retained interest in securitization transactions $ 1,122,627,000 $ 900,578,000 $ 707,395,000