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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 26, 2015
Dec. 27, 2014
Cash flows from operating activities:    
Net income $ 52,902 $ 49,248
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 29,402 26,172
Gain on bargain purchase   (386)
(Gain) loss on disposal of assets (383) 638
Stock-based compensation expense 2,313 2,885
Excess tax benefits from share-based payment arrangements (8) (81)
Net change in deferred income taxes 4,691 1,252
Change in operating assets and liabilities (excluding acquisitions):    
Trade receivables (1,654) (481)
Inventories (714) (6,429)
Other current assets (10,913) (2,245)
Other non-current assets 568 (1,083)
Trade payables 5,281 14,260
Accrued expenses (3,067) (2,603)
Federal and state income taxes payable 3,504 7,994
Other long-term liabilities (923) (988)
Long-term income taxes payable 742 463
Total adjustments 28,839 39,368
Net cash provided by operating activities 81,741 88,616
Cash flows from investing activities:    
Capital expenditures (28,841) (26,517)
Acquisitions, net of cash acquired (48,157) (82,658)
Proceeds from the disposal of assets 2,453 365
Net cash used for investing activities (74,545) (108,810)
Cash flows from financing activities:    
Proceeds from borrowings 280,006 275,623
Principal payments on long-term debt, capital leases and financing obligations (282,979) (241,607)
Exercise of stock options 6,942 2,124
Excess tax benefits from share-based payment arrangements 8 81
Dividends paid (14,738) (12,610)
Net cash (used for) provided by financing activities (10,761) 23,611
(Decrease) increase in cash (3,565) 3,417
Cash at beginning of period 7,730 1,205
Cash at end of period $ 4,165 $ 4,622