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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 30, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 149,560 $ 142,014
Receivables, net of allowance for doubtful accounts of $6,090 and $5,913 370,347 447,162
Inventory 874,817 785,604
Prepaid expenses and other current assets 311,257 304,242
Total current assets 1,705,981 1,679,022
Property and equipment, net 216,269 213,140
Operating lease right-of-use assets, net 73,841 70,722
Long-term receivables, net 135,632 138,812
Goodwill, net 140,657 140,630
Identifiable intangibles, net 242,771 252,614
Investments 140,113 139,182
Other non-current assets, net 103,104 107,508
Total assets 2,758,368 2,741,630
Current liabilities:    
Accounts payable 655,648 681,321
Accrued payroll expense 59,941 102,266
Other accrued liabilities 153,989 173,734
Operating lease liabilities 28,986 29,348
Borrowings on revolving credit 145,000 29,000
Total current liabilities 1,043,564 1,015,669
Long-term debt 488,809 488,554
Non-current operating lease liabilities 47,455 43,332
Other non-current liabilities 151,525 151,440
Total liabilities 1,731,353 1,698,995
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 96,899 and 96,762 shares issued and outstanding 969 968
Additional paid-in capital 205,531 200,520
Accumulated other comprehensive loss (86,246) (81,516)
Retained earnings 905,632 921,704
Total Patterson Companies, Inc. stockholders' equity 1,025,886 1,041,676
Noncontrolling interests 1,129 959
Total stockholders’ equity 1,027,015 1,042,635
Total liabilities and stockholders’ equity $ 2,758,368 $ 2,741,630