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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Operating activities    
Net income $ 25,605 $ 36,666
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 39,360 40,257
Share-based compensation expense 3,044 1,872
Gain on disposal of assets (1,185) (281)
Gain on divestiture (2,394)  
Deferred income tax expense (564) 7,230
Change in operating assets and liabilities (excluding acquisitions and divestitures)    
Accounts receivable (1,791) (657)
Inventories (6,078) (1,680)
Other current assets (1,392) (4,470)
Other non-current assets 18,343 16,253
Accounts payable 52,109 8,770
Accrued expenses 5,426 5,712
Federal and state income taxes payable 6,885 8,631
Other long-term liabilities (17,143) (16,108)
Long-term income taxes payable 64 123
Cash provided by operating activities 120,289 102,318
Investing activities    
Capital expenditures (19,583) (10,045)
Acquisitions, net of cash acquired (311) (62,270)
Proceeds from divestiture 56,586  
Proceeds from the disposal of assets 1,225 1,022
Other   84
Cash provided by (used for) investing activities 37,917 (71,209)
Financing activities    
Proceeds from borrowings 102,176 97,066
Principal payments on long-term debt, finance leases and financing obligations (168,759) (136,486)
Repurchase of stock (71,215)  
Exercise of stock options   1,985
Dividends paid (18,562) (16,991)
Cash used for financing activities (156,360) (54,426)
Increase (decrease) in cash and equivalents 1,846 (23,317)
Cash and equivalents at beginning of period 7,948 29,960
Cash and equivalents at end of period 9,794 6,643
Supplemental information    
Leased assets (reduced) obtained in exchange for (reduced) new finance lease liabilities (9,348) 3,573
Leased assets obtained in exchange for new operating lease liabilities $ 20,179 $ 3,977