CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jan. 30, 2016 |
Jan. 24, 2015 |
Jan. 30, 2016 |
Jan. 24, 2015 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 1,400,853 | $ 958,628 | $ 3,932,933 | $ 2,875,804 |
| Cost of sales | 1,060,989 | 696,186 | 2,973,926 | 2,103,458 |
| Gross profit | 339,864 | 262,442 | 959,007 | 772,346 |
| Operating expenses | 244,135 | 185,065 | 717,638 | 556,833 |
| Operating income from continuing operations | 95,729 | 77,377 | 241,369 | 215,513 |
| Other income (expense): | ||||
| Other income, net | 830 | 541 | 2,454 | 2,688 |
| Interest expense | (10,634) | (8,512) | (39,931) | (25,824) |
| Income from continuing operations before taxes | 85,925 | 69,406 | 203,892 | 192,377 |
| Income tax expense | 28,735 | 22,972 | 83,828 | 65,753 |
| Net income from continuing operations | 57,190 | 46,434 | 120,064 | 126,624 |
| Net income (loss) from discontinued operations | (750) | 8,242 | 1,500 | 32,119 |
| Net income | $ 56,440 | $ 54,676 | $ 121,564 | $ 158,743 |
| Basic earnings (loss) per share: | ||||
| Continuing operations (in USD per share) | $ 0.60 | $ 0.47 | $ 1.23 | $ 1.28 |
| Discontinued operations (in USD per share) | (0.01) | 0.08 | 0.01 | 0.32 |
| Net basic earnings per share (in USD per share) | 0.59 | 0.55 | 1.24 | 1.60 |
| Diluted earnings (loss) per share: | ||||
| Continuing operations (in USD per share) | 0.60 | 0.47 | 1.22 | 1.27 |
| Discontinued operations (in USD per share) | (0.01) | 0.08 | 0.01 | 0.32 |
| Net diluted earnings per share (in USD per share) | $ 0.59 | $ 0.55 | $ 1.23 | $ 1.59 |
| Weighted average shares: | ||||
| Basic (in shares) | 95,335 | 98,842 | 97,809 | 98,991 |
| Diluted (in shares) | 95,930 | 99,540 | 98,488 | 99,699 |
| Dividends declared per common share (in USD per share) | $ 0.22 | $ 0.20 | $ 0.66 | $ 0.60 |
| Comprehensive income | ||||
| Net income | $ 56,440 | $ 54,676 | $ 121,564 | $ 158,743 |
| Foreign currency translation gain (loss) | (18,679) | (44,781) | (23,013) | (71,287) |
| Cash flow hedges, net of tax | 442 | (8,143) | 1,496 | (14,319) |
| Comprehensive income | $ 38,203 | $ 1,752 | $ 100,047 | $ 73,137 |