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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 25, 2021
Jun. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 27,707 $ 4,854
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,172 11,539
Amortization of deferred financing costs 25 0
Deferred income taxes (1,454) (578)
Stock-based compensation 4,831 445
Gain on disposal of assets (35) (38)
Loss on contingent consideration change in fair value 300 0
Provisions for inventory and credit losses/bad debt 1,613 (158)
Changes in operating assets and liabilities:    
Trade accounts receivable (9,956) 13,352
Accounts receivable - other (97) (689)
Inventories 5,142 (14,990)
Prepaid expenses and other assets 1,719 5,163
Trade accounts payable (2,993) 4,833
Due to/from related parties 1,917 3,573
Accrued expenses and other current and long-term liabilities (2,396) (1,640)
Net cash provided by operating activities 38,495 25,666
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (15,346) (7,974)
Contribution of cash balances due to divestiture of subsidiary 0 (16,335)
Net cash used in investing activities (15,346) (24,309)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net cash provided by financing activities 0 0
Effect of exchange rate changes on Cash and cash equivalents and Restricted cash 2,608 (1,269)
Net increase in Cash and cash equivalents and Restricted cash 25,757 88
Cash and cash equivalents and Restricted cash at beginning of period 203,875 219,876
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD: 229,632 219,964
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH:    
Cash and cash equivalents 221,934 215,576
Restricted cash 7,698 4,388
Cash and cash equivalents and Restricted cash 229,632 219,964
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 269 155
Cash paid for income taxes (538) 382
Noncash transactions:    
Changes in Trade accounts payable related to Property, plant and equipment, net (5,535) (1,289)
Loans to cover purchase of common stock under employee stock plan 0 171
Recognition of right of use assets and lease liability upon adoption of new accounting standard $ 356 $ 0