XML 34 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Apr. 01, 2017
Cash flows from operating activities      
Net (loss) income $ (58,208) $ 15,800 $ 51,910
Gain from discontinued operations     (583)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 16,079 8,260 7,245
Equity-based compensation 101,999 642 608
Deferred taxes 3,047 12,914 (26,707)
Amortization of deferred financing fees 542    
Gain on disposal of property, plant and equipment (37) (122) (985)
Foreign currency transaction loss (gain) 123 (547) 3,688
Write down of development inventory   1,165  
Change in assets and liabilities net of business acquired:      
Accounts receivable (2,223) (13,904) (9,774)
Inventories (6,044) (24,807) (13,559)
Floor plan receivables 157 3,386 (3,100)
Other assets (2,130) (7,133) (257)
Accounts payable (3,105) 7,691 7,789
Accrued expenses and other current liabilities 15,147 28,122 17,955
Other (119) 156 59
Net cash provided by operating activities - continuing operations 65,228 31,623 34,289
Net cash used in operating activities - discontinued operations     (830)
Net cash provided by operating activities 65,228 31,623 33,459
Cash flows from investing activities      
Additions to property, plant, and equipment (12,092) (9,442) (6,955)
Cash acquired (paid) in business acquisitions 9,722   (14,705)
Proceeds from disposal of property, plant and equipment 56 551 5,053
Decrease (increase) in note receivable 284 (167) (1,000)
Distributions from (investment in) unconsolidated affiliates   437 (17)
Net cash used in investing activities - continuing operations (2,030) (8,621) (17,624)
Net cash used in investing activities - discontinued operations     (1,113)
Net cash used in investing activities (2,030) (8,621) (18,737)
Cash flows from financing activities      
Changes in floor plan financing, net 3,496 12,011 4,131
Borrowings on revolving debt facility 46,900    
Payments on revolving debt facility (5,000)    
Payments on term-loans and other debt (46,900) (418) (437)
Payments for deferred financing fees (2,169) (369)  
Members' capital distribution (65,277) (888)  
Stock option exercises 1,615    
Tax payments for equity-based compensation (5,183)    
Net cash (used in) provided by financing activities - continuing operations (72,518) 10,336 3,694
Effect of exchange rate changes on cash, cash equivalents and restricted cash (662) 586 (586)
Net (decrease) increase in cash, cash equivalents and restricted cash (9,982) 33,924 17,830
Cash, cash equivalents and restricted cash at beginning of period 136,616 102,692 84,862
Cash, cash equivalents and restricted cash at end of period 126,634 136,616 102,692
Supplemental disclosures of cash flow information      
Cash paid for interest 4,975 5,000 3,431
Cash paid for income taxes $ 13,537 $ 13,025 $ 3,306