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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 27, 2024
Dec. 29, 2023
Cash flows from operating activities:    
Net (loss) income $ (58,025) $ 159,962
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 48,578 49,548
Amortization of deferred financing costs 1,781 292
Deferred income taxes (11,546) (28,253)
Stock-based compensation 32,251 32,839
Loss on change in fair value of forward repurchase contract 34,752 0
Provisions for inventory and expected credit losses 7,519 9,851
Change in fair value of marketable securities 0 3,579
Other non-cash reconciling items 6,645 18
Changes in operating assets and liabilities:    
Trade accounts receivable 34,356 (2,564)
Inventories (38,074) (19,909)
Prepaid expenses and other assets (1,401) (13,085)
Trade accounts payable 5,467 (9,604)
Due to and from related parties 564 6,817
Accrued expenses and other current and long-term liabilities (21,307) (20,540)
Net cash provided by operating activities 41,560 168,951
Cash flows from investing activities:    
Purchases of property, plant and equipment (34,564) (110,500)
Acquisition of business, net of cash acquired 319 (408,119)
Sales of marketable securities 0 16,175
Net cash used in investing activities (34,245) (502,444)
Cash flow from financing activities:    
Net proceeds from Refinanced 2023 Term Loan Facility 193,483 0
Borrowings of senior secured debt, net of deferred financing costs 0 245,452
Repayment of other debt 0 (743)
Finance lease payments (703) 0
Receipts on related party notes receivable 1,875 2,813
Payments for taxes related to net share settlement of equity awards (12,780) (24,823)
Proceeds from issuance of common stock under employee stock purchase plan 1,987 1,899
Repurchases of common stock (853,921) 0
Net proceeds from issuance of common stock 665,850 0
Payments of debt issuance costs 0 (1,450)
Net cash (used in) provided by financing activities (79,209) 198,148
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1,305) 375
Net decrease in cash and cash equivalents and restricted cash (73,199) (134,970)
Cash and cash equivalents and restricted cash at beginning of period 222,161 358,705
Cash and cash equivalents and restricted cash at end of period: 148,962 223,735
2023 Term Loan Facility    
Cash flow from financing activities:    
Repayment of Term Loan Facility (75,000) 0
2020 Term Loan Facility    
Cash flow from financing activities:    
Repayment of Term Loan Facility $ 0 $ (25,000)