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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Cash flows from operating activities:    
Net income $ 173.5 $ 148.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 89.9 89.6
Deferred income taxes (13.4) (10.8)
Amortization of deferred financing costs 1.7 2.3
Stock-based compensation 20.3 13.3
Noncash operating lease expense 4.6 5.1
Loss on disposition of assets 0.1 0.8
Consolidation, restructuring, and other noncash charges 0.6
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (2.4) 13.0
Inventory (36.2) (36.0)
Prepaid expenses and other current assets (4.9) (4.8)
Other noncurrent assets (2.1) (4.1)
Accounts payable 14.1 (23.3)
Accrued expenses and other current liabilities (19.2) 1.4
Other noncurrent liabilities (1.6) (0.2)
Net cash provided by operating activities 224.4 195.2
Cash flows from investing activities:    
Capital expenditures (35.6) (23.7)
Proceeds from sale of assets 0.3
Acquisition of business/purchase price adjustments for acquisition (19.3)
Net cash used in investing activities (35.6) (42.7)
Cash flows from financing activities:    
Proceeds received from revolving credit facilities 40.0 18.0
Repayment of revolving credit facilities (60.4)
Repayments of term loans (175.0) (150.0)
Repayments of notes payable (1.4) (1.4)
Proceeds from mortgage 4.5
Principal payments on finance lease obligations (3.2) (2.5)
Preferred stock dividends paid (17.2) (17.3)
Exercise of stock options 30.0 13.8
Repurchase of common stock (8.6) (7.6)
Net cash used in financing activities (191.3) (147.0)
Effect of exchange rate changes on cash (0.4) 0.7
Cash and cash equivalents:    
Increase/(decrease) during the period (2.9) 6.2
Cash and cash equivalents, at beginning of period 63.5 65.4
Cash and cash equivalents, at end of period 60.6 71.6
Supplemental disclosures of cash flow information:    
Income taxes 78.8 55.2
Interest $ 48.3 $ 63.2