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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 28, 2019
Sep. 29, 2018
OPERATING ACTIVITIES    
Net income $ 42,167 $ 35,267
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,648 2,274
Provision for credit losses 30 459
Deferred income taxes 1,011 863
Stock-based compensation expense 1,448 2,115
Non-cash interest income, net (694) (409)
Gain on sale of property, plant and equipment, net (3,370) (51)
Gain on investments and sale of loans, net (7,683) (5,457)
Changes in operating assets and liabilities:    
Accounts receivable (3,300) (3,057)
Consumer loans receivable originated (80,259) (64,479)
Proceeds from sales of consumer loans 77,182 62,245
Principal payments on consumer loans receivable 4,759 6,522
Inventories 6,506 (2,350)
Prepaid expenses and other current assets 322 (4,703)
Commercial loans receivable (1,409) (17,321)
Accounts payable and accrued liabilities 4,235 5,890
Net cash provided by operating activities 43,593 17,808
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (3,944) (3,876)
Payments to Acquire Businesses, Gross 15,937 0
Proceeds from sale of property, plant and equipment and assets held for sale 64 64
Purchases of investments (2,751) (4,042)
Proceeds from sale of investments 4,260 4,684
Net cash used in investing activities (18,308) (3,170)
FINANCING ACTIVITIES    
Payments from exercise of stock options (311) (173)
Proceeds from secured financings and other 75 226
Payments on securitized financings and other (19,109) (4,254)
Net cash used in financing activities (19,345) (4,201)
Net increase in cash, cash equivalents and restricted cash 5,940 10,437
Cash, cash equivalents and restricted cash at beginning of the fiscal year 199,869 199,258
Cash, cash equivalents and restricted cash at end of the period 205,809 209,695
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 13,073 12,381
Cash paid for interest 473 1,300
Supplemental disclosures of noncash activity:    
Right-of-use assets recognized 13,464 0
Operating lease obligations incurred $ 13,489 $ 0