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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows from operating activities:    
Net income $ 2,987 $ 22,606
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 18,410 14,839
(Gain) loss on disposal of assets (256) 122
Stock-based compensation expense 904 925
Net change in deferred income taxes 494 2,223
Change in operating assets and liabilities (excluding acquisitions):    
Trade receivables 1,095 (2,763)
Inventories 10,985 51
Other current assets 3,745 (3,966)
Other non-current assets 7,294 7,741
Trade payables 11,349 1,226
Accrued expenses 17,555 14,250
Federal and state income taxes payable 711 5,586
Other long-term liabilities (2,751) (6,903)
Long-term income taxes payable 14 3,450
Total adjustments 69,549 36,781
Net cash provided by operating activities 72,536 59,387
Cash flows from investing activities:    
Capital expenditures (15,304) (13,996)
Acquisitions, net of cash acquired (200) (54,720)
Proceeds from the disposal of assets 7 103
Other 323 34
Net cash used for investing activities (15,174) (68,579)
Cash flows from financing activities:    
Proceeds from borrowings   119,603
Principal payments on long-term debt, finance leases and financing obligations (247,364) (103,257)
Exercise of stock options 9 3,730
Dividends paid (7,435) (7,417)
Deferred financing costs (874) (1,168)
Net cash (used for) provided by financing activities (255,664) 11,491
(Decrease) increase in cash (198,302) 2,299
Cash at beginning of period 345,476 6,214
Cash at end of period 147,174 8,513
Supplemental information:    
Leased assets obtained in exchange for finance lease liabilities 64,216 3,099
Leased assets obtained in exchange for operating lease liabilities $ 13,796 $ 3,632