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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 29, 2023
Apr. 29, 2023
Current assets:    
Cash and cash equivalents $ 108,573 $ 159,669
Receivables, net of allowance for doubtful accounts of $4,265 and $3,667 408,929 477,384
Inventory 912,666 795,072
Prepaid expenses and other current assets 341,974 351,011
Total current assets 1,772,142 1,783,136
Property and equipment, net 221,300 212,283
Operating lease right-of-use assets, net 99,267 92,956
Long-term receivables, net 124,743 121,717
Goodwill 156,629 156,420
Identifiable intangibles, net 222,543 231,873
Investments 160,993 160,022
Other non-current assets, net 126,014 120,739
Total assets 2,883,631 2,879,146
Current liabilities:    
Accounts payable 717,426 724,993
Accrued payroll expense 51,754 82,253
Other accrued liabilities 176,657 168,696
Operating lease liabilities 29,910 28,390
Current maturities of long-term debt 36,000 36,000
Borrowings on revolving credit 76,000 45,000
Total current liabilities 1,087,747 1,085,332
Long-term debt 450,603 451,231
Non-current operating lease liabilities 72,406 67,376
Other non-current liabilities 161,634 156,672
Total liabilities 1,772,390 1,760,611
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 95,806 and 96,350 shares issued and outstanding 958 964
Additional paid-in capital 242,290 233,706
Accumulated other comprehensive loss (81,633) (89,262)
Retained earnings 948,730 972,127
Total Patterson Companies, Inc. stockholders' equity 1,110,345 1,117,535
Noncontrolling interests 896 1,000
Total stockholders’ equity 1,111,241 1,118,535
Total liabilities and stockholders’ equity $ 2,883,631 $ 2,879,146