v3.24.3

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 26, 2024	Oct. 28, 2023	Oct. 26, 2024	Oct. 28, 2023
Income Statement [Abstract]
Net sales	$ 1,674,375	$ 1,652,772	$ 3,216,117	$ 3,229,517
Cost of sales	1,346,283	1,313,746	2,575,416	2,571,436
Gross profit	328,092	339,026	640,701	658,081
Operating expenses	290,456	282,123	573,696	562,956
Operating income	37,636	56,903	67,005	95,125
Other income (expense):
Other income, net	9,705	7,096	11,419	18,997
Interest expense	(11,798)	(10,642)	(25,021)	(20,154)
Income before taxes	35,543	53,357	53,403	93,968
Income tax expense	8,847	13,502	13,068	22,983
Net income	26,696	39,855	40,335	70,985
Net loss attributable to noncontrolling interests	(73)	(103)	(149)	(207)
Net income attributable to Patterson Companies, Inc.	$ 26,769	$ 39,958	$ 40,484	$ 71,192
Earnings per share attributable to Patterson Companies, Inc.:
Basic (in USD per share)	$ 0.30	$ 0.42	$ 0.46	$ 0.75
Diluted (in USD per share)	$ 0.30	$ 0.42	$ 0.46	$ 0.74
Weighted average shares:
Basic (in shares)	88,158	94,710	88,142	95,127
Diluted (in shares)	88,663	95,156	88,724	95,722
Comprehensive income:
Net income (loss)	$ 26,696	$ 39,855	$ 40,335	$ 70,985
Foreign currency translation gain	844	(17,589)	4,025	(10,221)
Cash flow hedges, net of tax	260	260	521	521
Comprehensive income	$ 27,800	$ 22,526	$ 44,881	$ 61,285

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(24))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(26))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(22))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-5

PATTERSON COMPANIES, INC. 10-Q