XML 19 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Apr. 02, 2016
OPERATING ACTIVITIES      
Net income $ 61,502 $ 37,955 $ 28,541
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 4,026 3,687 3,922
Provision for credit losses 422 792 408
Deferred income taxes (4,258) 278 (940)
Share-based compensation expense 2,321 2,125 1,762
Non-cash interest income (1,011) (1,161) (1,681)
Excess Tax Benefit from Share-based Compensation, Operating Activities 0 (2,398) (1,279)
Gain on sale of property, plant and equipment including assets held for sale (77) (62) (15)
Gain (loss) on sales of loans and investments (14,544) (7,179) (5,836)
Changes in operating assets and liabilities:      
Restricted cash (275) (1,682) 100
Accounts receivable (4,118) (372) 3,332
Consumer loans receivable originated (126,404) (116,662) (99,314)
Principal payments on consumer loans receivable 119,345 104,446 101,130
Proceeds from sales of consumer loans 12,744 11,629 11,717
Inventories (13,425) 958 (3,980)
Prepaid expenses and other current assets 5,799 (4,552) (2,325)
Inventory finance notes receivable 9,400 (373) (7,515)
Accounts payable and accrued liabilities 7,324 17,365 15,516
Net cash provided by operating activities 58,771 44,794 43,543
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (8,386) (5,295) (3,519)
Payments to Acquire Businesses, Gross (1,638) 0 (28,121)
Proceeds from sale of property, plant and equipment including assets held for sale 474 145 93
Purchases of investments (12,537) (10,930) (17,114)
Proceeds from sale of investments 17,416 9,018 10,434
Net cash used in investing activities (4,671) (7,062) (38,227)
FINANCING ACTIVITIES      
Proceeds from exercise of stock options (915) (1,393) 705
Excess Tax Benefit from Share-based Compensation, Financing Activities 0 2,398 1,279
Proceeds from Accounts Receivable Securitization 9,079 4,270 1,383
Payments on securitized financings (8,040) (8,231) (7,514)
Net cash provided by (used in) financing activities 124 (2,956) (4,147)
Net increase (decrease) in cash and cash equivalents 54,224 34,776 1,169
Cash and cash equivalents at beginning of period 132,542 97,766 96,597
Cash and cash equivalents at end of period 186,766 132,542 97,766
Supplemental disclosures of cash flow information:      
Cash paid during the period for income taxes 17,266 18,106 15,443
Cash paid during the period for interest 2,910 3,402 3,862
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Other Property, Plant, and Equipment, Gross $ 1,749 $ 0 $ 3,200