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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jul. 05, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net earnings $ 35,183 $ 48,636
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 23,657 20,725
Write-off of assets relating to exit activities 471 802
Derivatives not designated in hedging relationships:    
Net gains (262) (34)
Cash settlements 467 (376)
Provision for doubtful accounts 96 1,105
Deferred income taxes (54) 37
Non-cash interest expense 518 378
Stock-based compensation 5,053 3,874
Gain on disposal of property, plant, and equipment 73 21
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable 92,752 2,097
Inventories 14,852 (18,937)
Prepaid and other current assets 2,672 (7,033)
Other assets 718 1,841
Accounts payable (40,609) (6,797)
Accrued expenses (18,571) (16,275)
Other liabilities (452) 320
Net cash provided by operating activities 116,564 30,384
Cash flows from investing activities    
Capital expenditures (26,330) (17,315)
Proceeds from disposal of property, plant, and equipment 50 44
Net cash used in investing activities (26,280) (17,271)
Cash flows from financing activities    
Net repayments on short-term debt (987) (19,499)
Repayments of 2017 Term Loan (8,402) (5,645)
Option proceeds 479 38
Payment of taxes related to net share settlement of equity awards (3,135) (6,081)
Purchase of treasury stock 0 (23,029)
Dividends paid to stockholders (7,428) (7,499)
Other 11 (27)
Net cash used by financing activities (39,462) (51,742)
Effect of exchange rate changes on cash and cash equivalents 6,578 1,530
Net increase (decrease) in cash and cash equivalents 57,400 (37,099)
Cash and cash equivalents at beginning of period 326,979 299,212
Cash and cash equivalents at end of period 384,379 262,113
Amended Credit Facility, due 2022    
Cash flows from financing activities    
Proceeds from borrowings 35,000 95,000
Repayments of 2017 Revolver borrowings $ (55,000) $ (85,000)