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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 27, 2024
Apr. 27, 2024
Current assets:    
Cash and cash equivalents $ 148,079 $ 114,462
Receivables, net of allowance for doubtful accounts of $2,690 and $2,731 442,342 547,287
Inventory, net 849,504 782,898
Prepaid expenses and other current assets 322,185 334,116
Total current assets 1,762,110 1,778,763
Property and equipment, net 226,151 229,081
Operating lease right-of-use assets, net 124,473 122,295
Long-term receivables, net 132,683 129,876
Goodwill 156,211 156,328
Identifiable intangibles, net 183,955 193,261
Investments 167,386 166,320
Other non-current assets, net 121,789 120,808
Total assets 2,874,758 2,896,732
Current liabilities:    
Accounts payable 656,977 745,375
Accrued payroll expense 49,656 78,211
Other accrued liabilities 173,369 167,399
Operating lease liabilities 33,643 32,815
Current maturities of long-term debt 123,875 122,750
Borrowings on revolving credit 320,000 186,000
Total current liabilities 1,357,520 1,332,550
Long-term debt 327,153 328,911
Non-current operating lease liabilities 94,261 92,464
Other non-current liabilities 143,323 141,075
Total liabilities 1,922,257 1,895,000
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 88,146 and 89,701 shares issued and outstanding 881 897
Additional paid-in capital 265,584 258,679
Accumulated other comprehensive loss (86,473) (89,915)
Retained earnings 771,997 831,483
Total Patterson Companies, Inc. stockholders' equity 951,989 1,001,144
Noncontrolling interests 512 588
Total stockholders’ equity 952,501 1,001,732
Total liabilities and stockholders’ equity $ 2,874,758 $ 2,896,732