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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Mar. 31, 2024
Cash flows from operating activities      
Net earnings $ 70,111 $ 66,797  
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 23,550 22,693  
Write-off of assets relating to exit activities 118 3,343  
Derivatives not designated in hedging relationships:      
Net losses (gains) (354) 503  
Cash (settlements) proceeds (190) 657  
Provision for doubtful accounts 628 504  
Deferred income taxes 31 42  
Non-cash interest expense 490 410  
Stock-based compensation 7,062 7,933  
(Gain) loss on disposal of property, plant, and equipment (10) 43  
Changes in assets and liabilities:      
Accounts receivable 12,183 73,198  
Inventories (16,484) (10,965)  
Prepaid and other current assets (9,889) (4,089)  
Other assets (2,437) (484)  
Accounts payable (10,349) (39,307)  
Accrued expenses (64,251) (46,647)  
Other liabilities 189 315  
Net cash provided by (used in) operating activities 10,398 74,946  
Cash flows from investing activities      
Capital expenditures (36,137) (16,093)  
Purchase of business 0 (8,270)  
Proceeds from disposal of property, plant, and equipment 5 44  
Investment in Equity Securities (10,852) 0  
Net cash (used in) provided by investing activities (46,984) (24,319)  
Cash flows from financing activities      
Net (repayments) borrowings on short-term debt (195) (404)  
Proceeds from Second Amended Revolver borrowings 65,000 80,000  
Repayments of Second Amended Revolver borrowings 0 (216,380)  
Finance lease obligations 5 0  
Option proceeds, net 6,958 7,654  
Payment of taxes related to net share settlement of equity awards (46) 0  
Purchase of treasury stock (11,641) 0  
Issuance of treasury stock- ESPP 261 0  
Dividends paid to stockholders (9,043) (7,173)  
Debt issuance costs (351) 0  
Other (2) 354  
Net cash (used in) financing activities 50,946 (135,949)  
Effect of exchange rate changes on cash and cash equivalents (3,615) (3,001)  
Net decrease in cash and cash equivalents 10,745 (88,323)  
Cash and cash equivalents at beginning of period 333,324 346,665 $ 346,665
Cash and cash equivalents at end of period $ 344,069 $ 258,342 $ 333,324