XML 17 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Cash flows from operating activities:    
Net income $ 15,833 $ 42,920
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 37,877 30,328
Stock-based compensation expense 1,515 1,887
Loss (gain) on disposal of assets 109 (1,287)
Impairment of long-lived assets 99 78
Net change in deferred income taxes 1,856 4,796
Change in operating assets and liabilities (excluding acquisitions):    
Trade receivables 488 (2,386)
Inventories 19,879 2,860
Other current assets (5,095) (7,644)
Other non-current assets 17,323 10,383
Trade payables 28,111 4,488
Accrued expenses 12,055 4,216
Federal and state income taxes payable 1,368 3,794
Other long-term liabilities (5,792) (14,838)
Long-term income taxes payable 69 502
Total adjustments 109,862 37,177
Net cash provided by operating activities 125,695 80,097
Cash flows from investing activities:    
Capital expenditures (23,644) (23,755)
Acquisitions, net of cash acquired (400) (65,020)
Proceeds from the disposal of assets 68 124
Other 388 294
Net cash used for investing activities (23,588) (88,357)
Cash flows from financing activities:    
Proceeds from borrowings   226,628
Principal payments on long-term debt, finance leases and financing obligations (350,391) (207,772)
Exercise of stock options 10 5,256
Dividends paid (14,875) (14,848)
Deferred financing costs (874) (1,168)
Net cash (used for) provided by financing activities (366,130) 8,096
Decrease in cash (264,023) (164)
Cash at beginning of period 345,476 6,214
Cash at end of period 81,453 6,050
Supplemental information:    
Leased assets obtained in exchange for finance lease liabilities 90,052 26,858
Leased assets obtained in exchange for operating lease liabilities $ 17,857 $ 6,601