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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Oct. 04, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net earnings $ 70,914 $ 111,334
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 47,059 41,053
Write-off of assets relating to exit activities 1,753 9,969
Derivatives not designated in hedging relationships:    
Net (gains) losses (372) 696
Cash proceeds (settlements) 846 (821)
Provision for doubtful accounts 182 3,245
Deferred income taxes (1,820) (20,973)
Non-cash interest expense 1,036 752
Stock-based compensation 10,586 8,868
Loss (gain) on disposal of property, plant, and equipment 156 (119)
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable 106,581 26,763
Inventories 21,080 (11,687)
Prepaid and other current assets 7,369 (18,214)
Other assets 3,132 4,699
Accounts payable (49,557) (22,005)
Accrued expenses 1,282 (18,576)
Other liabilities (2,954) (9,922)
Net cash provided by operating activities 217,273 105,062
Cash flows from investing activities    
Capital expenditures (39,905) (43,378)
Proceeds from disposal of property, plant, and equipment 81 2,645
Net cash used in investing activities (39,824) (40,733)
Cash flows from financing activities    
Net repayments on short-term debt (16,502) (20,019)
Repayments of 2017 Term Loan (16,837) (5,645)
Option proceeds 1,766 25
Payment of taxes related to net share settlement of equity awards (4,602) (6,250)
Purchase of treasury stock 0 (34,561)
Dividends paid to stockholders (14,879) (14,898)
Other 255 161
Net cash (used in) provided by financing activities (105,799) 68,813
Effect of exchange rate changes on cash and cash equivalents 15,603 (7,508)
Net increase in cash and cash equivalents 87,253 125,634
Cash and cash equivalents at beginning of period 326,979 299,212
Cash and cash equivalents at end of period 414,232 424,846
Amended Credit Facility, due 2022    
Cash flows from financing activities    
Proceeds from borrowings 45,000 285,000
Repayments of 2017 Revolver borrowings $ (100,000) $ (135,000)