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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 24, 2022
Dec. 25, 2021
Operating activities    
Net income $ 38,639 $ 52,953
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 58,201 60,454
Share-based compensation expense 4,199 3,130
Gain on disposal of assets (2,748) (507)
Gain on divestiture (2,394)  
Deferred income tax expense 3,306 9,633
Change in operating assets and liabilities (excluding acquisitions and divestitures)    
Accounts receivable (2,360) 615
Inventories (12,319) (5,952)
Other current assets (18,156) (8,046)
Other non-current assets 27,732 26,042
Accounts payable 96,366 5,515
Accrued expenses 5,323 2,771
Federal and state income taxes payable 2,269 10,899
Other long-term liabilities (26,979) (30,442)
Long-term income taxes payable 112 172
Cash provided by operating activities 171,191 127,237
Investing activities    
Capital expenditures (28,535) (17,445)
Acquisitions, net of cash acquired (954) (83,167)
Proceeds from divestiture 56,586  
Deferred proceeds received from divestiture 4,294  
Proceeds from the disposal of assets 4,416 1,030
Other (256) 122
Cash provided by (used for) investing activities 35,551 (99,460)
Financing activities    
Proceeds from borrowings 139,176 139,862
Principal payments on long-term debt, finance leases and financing obligations (215,439) (163,985)
Repurchase of stock (96,919)  
Exercise of stock options   2,110
Dividends paid (27,482) (25,713)
Deferred financing costs (1,027) (497)
Cash used for financing activities (201,691) (48,223)
Increase (decrease) in cash and equivalents 5,051 (20,446)
Cash and equivalents at beginning of period 7,948 29,960
Cash and equivalents at end of period 12,999 9,514
Supplemental information    
Leased assets (reduced) obtained in exchange for (reduced) new finance lease liabilities (10,436) 7,307
Leased assets obtained in exchange for new operating lease liabilities $ 25,963 $ 8,114