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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Cash flows from operating activities    
Net income $ 367,491 $ 394,706
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 87,717 63,062
Equity compensation expense 25,864 21,579
Deferred income taxes (853) (5,402)
Amortization of deferred rent 1,729 3,146
Loss on disposal of fixed assets 1,492 1,762
Amortization of deferred financing costs 373 374
Tax benefits on exercise of share options (9,104) (29,653)
Foreign currency (gains) losses (687) 3,745
Loss (income) earned on joint venture 907 (311)
Net income attributable to noncontrolling interest (318) 0
Change in assets and liabilities:    
Receivables, net 14,506 (38,551)
Inventories (180,020) (201,045)
Prepaid expenses and other current assets 2,454 (65,369)
Other assets 1,992 (2,664)
Accounts payable 58,669 42,107
Accrued expenses and other current liabilities 10,472 (3,280)
Other long-term liabilities 10,182 14,647
Net cash provided by operating activities 392,866 198,853
Cash flows from investing activities    
Capital expenditures (193,451) (157,403)
Purchase of intangible assets (9,291) (12,060)
Cash received, net of cash consideration paid to obtain controlling interest in MK Panama 1,104 0
Investments in joint venture (907) (2,940)
Net cash used in investing activities (202,545) (172,403)
Cash flows from financing activities    
Repurchase of treasury shares (751,094) (1,037)
Tax benefits on exercise of share options 9,104 29,653
Exercise of employee share options 6,006 8,143
Net cash (used in) provided by financing activities (735,984) 36,759
Effect of exchange rate changes on cash and cash equivalents (1,718) (5,422)
Net (decrease) increase in cash and cash equivalents (547,381) 57,787
Beginning of period 978,922 971,194
End of period 431,541 1,028,981
Supplemental disclosures of cash flow information    
Cash paid for interest 381 341
Cash paid for income taxes 133,741 240,686
Supplemental disclosure of non-cash investing and financing activities    
Accrued capital expenditures $ 28,229 $ 31,044