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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Oct. 03, 2020
Sep. 28, 2019
Cash flows from operating activities:    
Net income $ 233,839 $ 122,579
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 100,799 118,622
Intangible assets amortization 144,470 114,837
Deferred income taxes 36,468 (9,517)
Stock-based compensation expense 51,907 45,829
Other, net (7,496) 12,036
Changes in operating assets and liabilities:    
Accounts receivable, net (118,008) (20,990)
Inventories 41,844 41,874
Prepaid expenses and other assets (2,366) 8,380
Accounts payable and accrued liabilities 16,230 (4,201)
Income tax payable and receivable 9,671 5,072
Other liabilities (12,109) (3,991)
Net cash provided by operating activities 495,249 430,530
Investing activities:    
Purchase of property and equipment (73,386) (88,338)
Purchase of businesses, net of cash acquired 47,520 299,673
Proceeds from sales and maturities of available-for-sale debt securities 0 1,950
Other investing activities 9,581 (1,242)
Net cash used in investing activities (111,325) (387,303)
Financing activities:    
Payment of debt (100,000) 0
Proceeds from borrowings and debt issuances 1,206,750 100,000
Repurchase of common stock, including transaction costs (180,048) (265,105)
Proceeds from the issuance of common stock 21,792 20,205
Tax withholding paid on behalf of employees for restricted stock units (36,354) (20,545)
Other financing activities (11,705) (832)
Net cash provided by (used in) financing activities 900,435 (166,277)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 936 (1,091)
Net increase (decrease) in cash, cash equivalents and restricted cash 1,285,295 (124,141)
Cash, cash equivalents and restricted cash at the beginning of the period 715,612 711,382
Cash, cash equivalents and restricted cash at the end of the period 2,000,907 587,241
Capital expenditure adjustments included in liabilities 22,124 30,052
Cash and cash equivalents 2,000,257 586,794
Restricted cash included in Other current assets and Other non-current assets $ 650 $ 447