XML 20 R9.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net income $ 68.5 $ 61.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29.6 30.0
Deferred income taxes (4.6) (4.1)
Amortization of deferred financing costs 0.8 0.6
Stock-based compensation 6.6 6.5
Noncash operating lease expense 1.7 1.7
(Gain)/loss on disposition of assets (0.6)
Restructuring, and other noncash charges 3.8
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 17.7 0.5
Inventory (22.8) (12.1)
Prepaid expenses and other current assets (1.7) (3.8)
Other noncurrent assets (2.2) (0.6)
Accounts payable 1.9 11.3
Accrued expenses and other current liabilities 25.5 23.9
Other noncurrent liabilities (4.2) (17.9)
Net cash provided by operating activities 120.0 97.4
Cash flows from investing activities:    
Capital expenditures (15.7) (9.0)
Net cash used in investing activities (15.7) (9.0)
Cash flows from financing activities:    
Repayments of revolving credit facilities (5.0)
Repayments of term loans (60.0)
Repayments of notes payable (1.1) (1.1)
Principal payments on finance lease obligations (1.2) (1.1)
Preferred stock dividends paid (5.7)
Exercise of equity awards 11.5 1.2
Tax withholding for common stock issued under equity incentive plans (12.1) (8.0)
Net cash used in financing activities (7.9) (74.7)
Effect of exchange rate changes on cash (0.3) (0.4)
Cash:    
Increase/(decrease) during the period 96.1 13.3
Cash, at beginning of period 36.8 63.5
Cash, at end of period 132.9 76.8
Supplemental disclosures of cash flow information:    
Income taxes 1.4 12.5
Interest $ 17.0 $ 22.0