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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
May 02, 2020
Apr. 27, 2019
Apr. 28, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 491 $ (958) $ 5,562
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 17,718 18,635 17,784
(Gain) loss on sale of property, equipment and other assets (35) (441) (1,252)
Share-based compensation 2,265 2,479 2,635
Contingent consideration adjustment 0 286 0
Equity in loss of affiliate 741 844 481
Provision for doubtful accounts (99) 194 140
Deferred income taxes, net (2,183) (3,379) 3,148
Change in operating assets and liabilities (8,090) 11,886 1,863
Net cash provided by operating activities 10,808 29,546 30,361
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (18,091) (17,268) (18,127)
Proceeds from sales of property, equipment and other assets 322 607 2,179
Purchases of marketable securities 0 (25,337) (17,438)
Proceeds from sales or maturities of marketable securities 25,162 33,706 15,273
Purchases of and loans to equity investment (11,664) (1,300) (1,450)
Acquisitions, net of cash acquired 0 (2,250) 0
Net cash used in investing activities (4,271) (11,842) (19,563)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on notes payable 15,000 0 0
Principal payments on long-term obligations (2,149) (450) (1,046)
Dividends paid (8,994) (12,554) (12,424)
Proceeds from exercise of stock options 0 1,318 519
Payments for common shares repurchased (5,636) 0 0
Tax payments related to RSU issuances (199) (246) (311)
Net cash used in financing activities (1,978) (11,932) (13,262)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 111 215 (620)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 4,670 5,987 (3,084)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:      
Beginning of period 35,742 29,755 32,839
End of period $ 40,412 $ 35,742 $ 29,755