XML 57 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Mar. 31, 2012
Mar. 26, 2011
Mar. 27, 2010
Cash flows from operating activities:      
Net income $ 54,612 $ 45,841 $ 33,191
Adjustments to reconcile net income to net cash provided by operating activities -      
Depreciation and amortization 23,583 22,380 22,505
Stock-based compensation expense 2,695 2,299 1,977
Excess tax benefits from share-based payment arrangements (294) (2,040) (2,367)
Net change in deferred income taxes 3,162 2,551 1,004
(Gain) loss on disposal of assets (1,247) 291 1,148
Change in operating assets and liabilities      
Trade receivables 153 101 671
Inventories 4,589 (12,887) (655)
Other current assets (3,668) 975 3,538
Other non-current assets (6,942) 3,329 404
Trade payables 4,048 (2,095) 8,348
Accrued expenses (323) 3,545 7,266
Federal and state income taxes payable 3,577 501 8,457
Other long-term liabilities (539) 99 36
Long-term income taxes payable (780) 630 1,004
Total adjustments 28,014 19,679 53,336
Net cash provided by operating activities 82,626 65,520 86,527
Cash flows from investing activities:      
Capital expenditures (28,556) (17,507) (21,333)
Acquisitions, net of cash acquired (39,243) (10,193) (46,103)
Proceeds from the disposal of assets 2,102 143 780
Net cash used for investing activities (65,697) (27,557) (66,656)
Cash flows from financing activities:      
Proceeds from borrowings 189,502 173,998 166,301
Principal payments on long-term debt and capital lease obligations (198,236) (218,888) (181,894)
Exercise of stock options 3,134 5,067 6,629
Excess tax benefits from share-based payment arrangements 294 2,040 2,367
Dividends paid (11,036) (8,690) (5,430)
Net cash used for financing activities (16,342) (46,473) (12,027)
Increase (decrease) in cash 587 (8,510) 7,844
Cash at beginning of year 2,670 11,180 3,336
Cash at end of year $ 3,257 $ 2,670 $ 11,180