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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 28, 2023
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 147,290 $ 142,014
Receivables, net of allowance for doubtful accounts of $4,327 and $5,913 422,715 447,162
Inventory 939,098 785,604
Prepaid expenses and other current assets 335,611 304,242
Total current assets 1,844,714 1,679,022
Property and equipment, net 213,770 213,140
Operating lease right-of-use assets, net 74,783 70,722
Long-term receivables, net 130,733 138,812
Goodwill, net 156,317 140,630
Identifiable intangibles, net 241,463 252,614
Investments 159,365 139,182
Other non-current assets, net 120,846 107,508
Total assets 2,941,991 2,741,630
Current liabilities:    
Accounts payable 702,456 681,321
Accrued payroll expense 73,060 102,266
Other accrued liabilities 159,127 173,734
Operating lease liabilities 28,063 29,348
Current maturities of long-term debt 36,000 0
Borrowings on revolving credit 175,000 29,000
Total current liabilities 1,173,706 1,015,669
Long-term debt 451,910 488,554
Non-current operating lease liabilities 48,989 43,332
Other non-current liabilities 164,965 151,440
Total liabilities 1,839,570 1,698,995
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 97,708 and 96,762 shares issued and outstanding 977 968
Additional paid-in capital 226,525 200,520
Accumulated other comprehensive loss (89,119) (81,516)
Retained earnings 962,915 921,704
Total Patterson Companies, Inc. stockholders' equity 1,101,298 1,041,676
Noncontrolling interests 1,123 959
Total stockholders’ equity 1,102,421 1,042,635
Total liabilities and stockholders’ equity $ 2,941,991 $ 2,741,630