v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Operating activities:    
Net income $ 49.1 $ 56.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24.5 25.9
Stock-based compensation expense 6.7 6.6
Change in cash surrender value of life insurance (0.2) (0.6)
Amortization of debt issuance costs 0.3 0.3
Loss (gain) on sale of property, plant and equipment 0.1 (0.4)
Impairment of long-lived assets 0.4  
Change in deferred income taxes 1.0 0.1
Other 0.2 0.1
Changes in operating assets and liabilities:    
Accounts receivable (50.6) (0.9)
Inventories (19.5) (25.8)
Prepaid expenses and other assets (15.7) (10.5)
Accounts payable 21.5 (1.3)
Other liabilities 10.3 (13.4)
Net cash provided by operating activities 28.1 36.7
Investing activities:    
Purchases of property, plant and equipment (18.0) (21.3)
Sale of property, plant and equipment 3.5 0.6
Net cash used in investing activities (14.5) (20.7)
Financing activities:    
Taxes paid related to net share settlement of equity awards (0.5) (0.3)
Repayments of finance leases (0.2) (0.3)
Proceeds from exercise of stock options   0.5
Purchases of common stock (31.6) (42.5)
Cash dividends (9.9) (10.3)
Repayments of borrowings (6.5) (16.8)
Net cash used in financing activities (48.7) (69.7)
Effect of foreign currency exchange rate changes on cash and cash equivalents (7.3) (2.3)
Decrease in cash and cash equivalents (42.4) (56.0)
Cash and cash equivalents at beginning of the period 172.0 233.2
Cash and cash equivalents at end of the period 129.6 177.2
Cash paid during the period for:    
Interest 1.4 1.8
Income taxes, net of refunds 12.5 19.9
Operating lease obligations $ 4.0 $ 4.5