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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 26, 2024
Apr. 27, 2024
Current assets:    
Cash and cash equivalents $ 157,935 $ 114,462
Receivables, net of allowance for doubtful accounts of $3,847 and $2,731 532,038 547,287
Inventory, net 823,689 782,898
Prepaid expenses and other current assets 328,355 334,116
Total current assets 1,842,017 1,778,763
Property and equipment, net 225,354 229,081
Operating lease right-of-use assets, net 124,881 122,295
Long-term receivables, net 118,702 129,876
Goodwill 160,084 156,328
Identifiable intangibles, net 181,158 193,261
Investments 85,962 166,320
Other non-current assets, net 107,444 120,808
Total assets 2,845,602 2,896,732
Current liabilities:    
Accounts payable 731,259 745,375
Accrued payroll expense 53,010 78,211
Other accrued liabilities 167,302 167,399
Operating lease liabilities 33,865 32,815
Current maturities of long-term debt 125,000 122,750
Borrowings on revolving credit 234,000 186,000
Total current liabilities 1,344,436 1,332,550
Long-term debt 325,396 328,911
Non-current operating lease liabilities 94,294 92,464
Other non-current liabilities 118,027 141,075
Total liabilities 1,882,153 1,895,000
Stockholders’ equity:    
Common stock, $0.01 par value: 600,000 shares authorized; 88,317 and 89,701 shares issued and outstanding 883 897
Additional paid-in capital 271,956 258,679
Accumulated other comprehensive loss (85,369) (89,915)
Retained earnings 775,540 831,483
Total Patterson Companies, Inc. stockholders' equity 963,010 1,001,144
Noncontrolling interests 439 588
Total stockholders’ equity 963,449 1,001,732
Total liabilities and stockholders’ equity $ 2,845,602 $ 2,896,732