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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jul. 27, 2024
Apr. 27, 2024
Oct. 28, 2023
Jul. 29, 2023
Statement of Cash Flows [Abstract]        
Net income (loss) $ 13,639 $ 66,941 $ 39,855 $ 31,130
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation 13,111     11,406
Amortization 9,639     9,627
Stock-based compensation 8,060     7,015
Non-cash losses (gains) and other, net 1,745     2,268
Change in assets and liabilities:        
Receivables (140,656)     (154,602)
Inventory (65,292)     (114,323)
Accounts payable (91,995)     (11,093)
Accrued liabilities (22,698)     (21,715)
Other changes from operating activities, net (10,523)     (13,079)
Net cash used in operating activities (284,970)     (253,366)
Investing activities:        
Additions to property and equipment and software (13,507)     (17,087)
Cash collections on DPP receivable 271,834     242,013
Payments related to acquisitions, net of cash acquired 0     (1,108)
Net cash provided by investing activities 258,327     223,818
Financing activities:        
Dividends paid (23,312)     (25,432)
Repurchases of common stock (50,000)     (29,508)
Payments on long-term debt (750)     (750)
Draw on revolving credit 134,000     31,000
Other financing activities (1,151)     1,574
Net cash provided by (used in) financing activities 58,787     (23,116)
Effect of exchange rate changes on cash 1,473     1,568
Net change in cash and cash equivalents 33,617     (51,096)
Cash and cash equivalents at beginning of period 114,462   $ 108,573 159,669
Cash and cash equivalents at end of period 148,079 $ 114,462   108,573
Supplemental disclosure of non-cash investing activity:        
Noncash investments acquired $ 251,917     $ 226,957