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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 28, 2024
Sep. 30, 2023
OPERATING ACTIVITIES    
Net income $ 78,244 $ 87,984
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 9,520 9,234
Provision for credit losses (260) (204)
Deferred income taxes 88 (1,845)
Stock-based compensation expense 4,907 2,989
Non-cash interest income, net (527) (1,413)
Loss on sale or retirement of property, plant and equipment, net 26 40
Gain on investments and sale of loans, net (1,694) (4,278)
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable (17,261) 144
Proceeds from sales of consumer loans receivable 30,899 65,113
Inventories (2,686) 19,683
Prepaid expenses and other current assets 1,017 17,823
Accounts payable, accrued expenses and other liabilities 36,146 9,911
Net cash provided by operating activities 102,074 160,200
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (9,854) (8,470)
Payments for acquisitions, net 0 (1,298)
Proceeds from sale of property, plant and equipment 127 4,490
Purchases of investments (12,433) (6,499)
Proceeds from sale of investments 11,131 5,356
Net cash used in by investing activities (11,029) (6,421)
FINANCING ACTIVITIES    
Payments for taxes on stock option exercises and releases of equity awards (2,921) (1,643)
Proceeds from exercise of stock options 1,793 909
Payments on finance leases and other secured financings (177) (295)
Payments for common stock repurchases (72,276) (40,911)
Distributions to noncontrolling interest 0 (300)
Net cash used in financing activities (73,581) (42,240)
Net increase in cash, cash equivalents and restricted cash 17,464 111,539
Cash, cash equivalents and restricted cash at beginning of the fiscal year 368,753 283,490
Cash, cash equivalents and restricted cash at end of the period 386,217 395,029
Supplemental disclosures of cash flow information    
Cash paid for income taxes 18,825 18,641
Cash paid for interest 30 368
Supplemental disclosures of noncash activity    
Change in GNMA loans eligible for repurchase 496 (3,250)
Consumer Loans Receivable    
Changes in operating assets and liabilities, net of acquisitions    
Loans receivable originated (39,914) (56,158)
Principal payments received on loans receivable 3,146 3,567
Commercial Loans Receivable    
Changes in operating assets and liabilities, net of acquisitions    
Loans receivable originated (54,724) (51,768)
Principal payments received on loans receivable $ 55,147 $ 59,378