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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Cash flows from operating activities    
Net income $ 42,220 $ 30,325
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 15,384 13,225
Stock-based compensation 3,326 2,207
Amortization of intangible assets 127 499
Amortization of right-of-use assets 22,899  
Amortization of debt issuance fees and debt discount 725 933
Loss on disposal of property and equipment 389 23
Gain on adjustment of right-of-use assets and lease liabilities (186)  
Damaged asset write-off   103
Insurance recovery receivable   (99)
Accretion of above market leases   (20)
Store impairment charge 0 455
Deferred taxes (736) 2,113
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable, net 290 (3,522)
Inventories (32,257) (11,897)
Prepaid expenses and other current assets (1,885) 1,774
Other assets (559) (269)
Accounts payable 17,063 32,761
Accrued expenses and other current liabilities 31,929 21,410
Other liabilities 396 1,588
Operating leases (22,324)  
Net cash provided by operating activities 76,801 91,609
Cash flows from investing activities    
Purchases of property and equipment (27,550) (21,826)
Acquisition of business, net of cash acquired (3,688) (4,424)
Insurance recoveries for property and equipment 717 4
Net cash used in investing activities (30,521) (26,246)
Cash flows from financing activities    
Borrowings/(payments) on line of credit - net 45,000 (21,006)
Repayments on debt and finance lease obligations (65,456) (10,382)
Debt issuance fees paid (1,221)  
Tax withholding payments for net share settlement (483) (403)
Proceeds from the exercise of stock options 4,712 8,026
Net cash used in financing activities (17,448) (23,765)
Net increase in cash and cash equivalents 28,832 41,598
Cash and cash equivalents, beginning of period 16,614 9,016
Cash and cash equivalents, end of period 45,446 50,614
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 8,139 397
Cash paid for interest 9,472 11,290
Supplemental disclosure of non-cash activities:    
Unpaid purchases of property and equipment $ 2,659 $ 1,178