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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 29, 2023
Dec. 23, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 159,962 $ 125,482
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 49,548 36,705
Amortization of deferred financing costs 292 74
Deferred income taxes (28,253) (28,387)
Stock-based compensation 32,839 51,242
Loss on disposal of assets 18 287
Change in fair value of contingent consideration 0 (2,700)
Provisions for inventory and expected credit losses 9,851 1,744
Change in fair value of marketable securities 3,579 5
Changes in operating assets and liabilities:    
Trade accounts receivable (2,564) (5,894)
Accounts receivable - other (462) 2,000
Inventories (19,909) (39,136)
Prepaid expenses and other assets (12,623) (17,761)
Trade accounts payable (9,604) 19,553
Due to (from) related party 6,817 (3,273)
Accrued expenses and other current and long-term liabilities (20,540) 5,717
Net cash provided by operating activities 168,951 145,658
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (110,500) (49,563)
Acquisition of business, net of cash acquired (408,119) (19,728)
Proceeds from sales of marketable securities 16,175 0
Net cash used in investing activities (502,444) (69,291)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Loans made to related party 0 (7,500)
Borrowings of senior secured debt, net of deferred financing costs 245,452 0
Repayment of term loan facility (25,000) 0
Repayment of other debt (743) 0
Receipts on related party note receivable 2,813 1,875
Payments for taxes related to net share settlement of equity awards (24,823) (12,642)
Proceeds from issuance of common stock under employee stock purchase plan 1,899 1,573
Payments for debt issuance costs (1,450) 0
Net cash provided by (used in) financing activities 198,148 (16,694)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 375 (5,344)
Net (decrease) increase in cash and cash equivalents and restricted cash (134,970) 54,329
Cash and cash equivalents and restricted cash at beginning of period 358,705 289,799
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD: $ 223,735 $ 344,128