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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 26, 2014
Apr. 27, 2013
Apr. 28, 2012
Operating activities:      
Net income $ 200,612 $ 210,272 $ 212,815
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 27,113 25,720 25,254
Amortization 22,873 20,282 16,955
Bad debt expense 3,220 1,119 2,445
Non-cash employee compensation 20,018 35,202 13,371
Excess tax benefits from stock-based compensation (1,290) (2,487) (1,371)
Non-cash charges related to medical divestitures 13,842    
Deferred income taxes 7,765 7,049 89
Change in assets and liabilities net of acquired:      
Decrease (increase) in receivables (50,756) 17,226 468
Decrease (increase) in inventory (36,019) (39,096) 16,859
(Decrease) increase in accounts payable 12,345 41,347 (6,847)
(Decrease) increase in accrued liabilities 14,125 (21,767) 37,948
Decrease (increase) in long-term receivables (5,108) 27 (1,766)
Other changes from operating activities, net (32,904) 4,301 4,938
Net cash provided by operating activities 195,836 299,195 321,158
Investing activities:      
Additions to property and equipment, net of acquisitions (40,387) (21,983) (29,650)
Acquisitions and equity investments, net of cash (145,815) (14,650) (22,620)
Proceeds from sale 6,546    
Purchase of investment (99,672)    
Other investing activities (4,436) 6,595  
Net cash used in investing activities (283,764) (30,038) (52,270)
Financing activities:      
Dividends paid (85,657) (43,767) (54,741)
Repurchases of common stock (96,486) (179,525) (362,379)
ESOP activity 435 1,576 931
Common stock issued, net 20,217 13,131 13,621
Retirement of long term debt   (125,000)  
Debt issuance cost     (1,862)
Payment to revolver (135,000)   (20,000)
Draw on revolver 135,000   20,000
Proceeds from issuance of long-term debt     325,000
Excess tax benefits from stock-based compensation 1,290 2,487 1,371
Net cash used in financing activities (160,201) (331,098) (78,059)
Effect of exchange rate changes on cash 7,809 (6,612) (5,713)
Net (decrease) increase in cash and cash equivalents (240,320) (68,553) 185,116
Cash and cash equivalents at beginning of period 505,228 573,781 388,665
Cash and cash equivalents at end of period 264,908 505,228 573,781
Supplemental disclosures:      
Income taxes paid 108,374 124,146 81,959
Interest paid 34,933 35,965 24,868
Repurchases of common stock with liability due to broker   $ 2,707 $ 475