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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Cash flows from operating activities    
Net earnings $ 65,450 $ 79,555
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 46,405 48,340
Write-off of assets relating to exit activities 9,081 3,756
Derivatives not designated in hedging relationships:    
Net (losses) gains 472 (117)
Cash (settlements) proceeds (2,015) 147
Provision for doubtful accounts 206 1,240
Deferred income taxes (126) 108
Non-cash interest expense 974 1,133
Stock-based compensation 11,864 9,424
(Gain) loss on disposal of property, plant, and equipment (135) (37)
Changes in assets and liabilities:    
Accounts receivable (18,409) 15,914
Inventories (138,327) (125,479)
Prepaid and other current assets (17,544) (18,969)
Other assets (266) 1,686
Accounts payable (21,417) (32,694)
Accrued expenses (9,443) (48,013)
Other liabilities 2,929 (1,565)
Net cash used in operating activities (70,301) (65,571)
Cash flows from investing activities    
Capital expenditures (39,653) (34,622)
Proceeds from disposal of facility 0 3,268
Proceeds from termination of net investment hedges 43,384 0
Proceeds from disposal of property, plant, and equipment 376 133
Net cash provided by (used in) investing activities 4,107 (31,221)
Cash flows from financing activities    
Net (repayments) borrowings on short-term debt (17,067) 2,155
Proceeds from Second Amended Revolver borrowings 244,100 275,700
Repayments of Second Amended Revolver borrowings (184,100) (5,700)
Repayments of Second Amended Term Loan 0 (161,447)
Debt Issuance Costs 0 (2,952)
Financing costs for debt modification (1,096) 0
Option proceeds, net 114 1,158
Payment of taxes related to net share settlement of equity awards (6,257) (9,000)
Purchase of treasury stock (22,907) (31,512)
Dividends paid to stockholders (14,246) (14,891)
Other 568 393
Net cash (used in) provided by financing activities (891) 53,904
Effect of exchange rate changes on cash and cash equivalents (40,980) (1,414)
Net decrease in cash and cash equivalents (108,065) (44,302)
Cash and cash equivalents at beginning of period 402,488 451,808
Cash and cash equivalents at end of period $ 294,423 $ 407,506