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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Cash flows from operating activities:    
Net income $ 92,284 $ 73,756
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 16,209 14,931
Deferred income taxes 249 (884)
Amortization of intangible assets 7,066 7,331
Amortization of deferred financing costs 365 780
Loss on extinguishment of debt 987
Share-based compensation 14,996 11,709
Consolidation and restructuring charges 16,786
Other non-cash charges 90 (50)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 10,283 (3,076)
Inventory (20,739) (31,953)
Prepaid expenses and other current assets (2,049) (3,140)
Other non-current assets (6,426) (2,368)
Accounts payable 22 (320)
Accrued expenses and other current liabilities (4,092) (3,142)
Other non-current liabilities 2,937 (2,334)
Net cash provided by operating activities 111,195 79,013
Cash flows from investing activities:    
Purchase of property, plant and equipment (27,562) (29,205)
Proceeds from sale of assets 300 1,904
Proceeds from sale of business 22,284
Acquisition of business (33,842)
Net cash used in investing activities (61,104) (5,017)
Cash flows from financing activities:    
Proceeds received from revolving credit facilities 9,435 149,250
Proceeds received from term loans 15,383
Repayments of revolving credit facilities (45,411) (40,500)
Repayments of term loans (168,750)
Repayments of notes payable (352) (354)
Finance fees paid in connection with credit facilities and term loans (276)
Exercise of stock options 12,077 20,661
Repurchase of common stock (11,548) (4,711)
Net cash used in financing activities (20,692) (44,404)
Effect of exchange rate changes on cash 1,045 (2,058)
Cash and cash equivalents:    
Increase during the period 30,444 27,534
Cash, at beginning of period 29,884 54,163
Cash, at end of period 60,328 81,697
Supplemental disclosures of cash flow information:    
Income taxes 21,569 16,601
Interest $ 1,029 $ 3,111