v3.5.0.2
Consolidated Condensed Statements of Cash Flows - USD ($)
3 Months Ended
Jul. 03, 2016
Jun. 28, 2015
Cash flows from operating activities    
Net earnings $ 44,619,000 $ 47,934,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 13,768,000 13,615,000
Restructuring Costs 718,000  
Noncash Project Abandonment Costs 6,300,000  
Derivatives not designated in hedging relationships:    
Net (gains) losses 302,000 9,000
Cash settlements (352,000) 307,000
Provision for doubtful accounts 921,000 496,000
Deferred income taxes (204,000) (4,352,000)
Non-cash interest expense 347,000 1,763,000
Stock-based compensation 5,067,000 4,239,000
Gain on disposal of property, plant, and equipment   (4,348,000)
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable 29,038,000 21,446,000
Inventory (22,116,000) (5,919,000)
Prepaid expenses and other current assets (2,889,000) 2,147,000
Other assets 510,000 (351,000)
Accounts payable (4,431,000) 15,503,000
Accrued expenses (5,286,000) (7,719,000)
Other liabilities 1,304,000 (2,415,000)
Net cash provided by operating activities 67,557,000 82,330,000
Cash flows from investing activities    
Capital expenditures (7,487,000) (19,670,000)
Purchase of businesses (12,392,000) 943,000
Net cash used in investing activities (19,797,000) (11,365,000)
Cash flows from financing activities    
Net increase in short-term debt (9,499,000) (684,000)
Proceeds from revolving credit borrowings 84,300,000 10,000,000
Repayments of revolving credit borrowings (79,300,000) (185,000,000)
Proceeds from long-term debt   300,000,000
Repayments of Convertible Notes   86,000
Repayments of Long-term Debt (3,750,000)  
Debt issuance costs   (4,800,000)
Option proceeds 5,000 55,000
Payment of taxes related to net share settlement of equity awards (7,644,000) (15,346,000)
Excess tax benefits from exercise of stock options and vesting of equity awards   3,450,000
Purchase of treasury stock   (637,000)
Dividends paid to stockholders (7,600,000) (7,785,000)
Other (29,000) 146,000
Net cash used in financing activities (23,517,000) 99,313,000
Effect of exchange rate changes on cash and cash equivalents (7,991,000) 5,580,000
Net increase in cash and cash equivalents 16,252,000 175,858,000
Cash and cash equivalents at beginning of period 397,307,000 268,921,000
Cash and cash equivalents at end of period 413,559,000 444,779,000
Manufacturing Facility    
Derivatives not designated in hedging relationships:    
Gain on disposal of property, plant, and equipment   4,348,000
Cash flows from investing activities    
Proceeds from disposal of property, plant, and equipment   9,179,000
Property, Plant, and Equipment Excluding Manufacturing Facility [Member]    
Derivatives not designated in hedging relationships:    
Gain on disposal of property, plant, and equipment (59,000) (25,000)
Cash flows from investing activities    
Proceeds from disposal of property, plant, and equipment $ 82,000 $ 69,000