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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2024
Dec. 30, 2023
OPERATING ACTIVITIES    
Net income $ 134,706 $ 123,971
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 14,304 13,854
Provision for credit losses (874) (121)
Deferred income taxes 17 (1,861)
Stock-based compensation expense 6,653 4,698
Non-cash interest income, net (787) (1,230)
(Gain) loss on sale or retirement of property, plant and equipment, net (19) 186
Gain on investments and sale of loans, net (1,901) (5,958)
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable (14,762) 18,161
Proceeds from sales of consumer loans receivable 4,408 81,752
Inventories (1,960) 51,182
Prepaid expenses and other current assets 4,997 9,909
Accounts payable, accrued expenses and other liabilities 9,141 (23,695)
Net cash provided by operating activities 139,851 206,104
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (15,288) (13,237)
Payments for acquisitions, net 0 (19,702)
Proceeds from sale of property, plant and equipment 194 4,514
Purchases of investments (21,588) (7,408)
Proceeds from sale of investments 22,706 9,290
Net cash used in investing activities (13,976) (26,543)
FINANCING ACTIVITIES    
Payments for taxes on stock option exercises and releases of equity awards (3,425) (1,898)
Proceeds from exercise of stock options 2,130 3,098
Payments on finance leases and other secured financings (261) (442)
Payments for common stock repurchases (114,446) (96,781)
Distributions to noncontrolling interest 0 (420)
Net cash used in financing activities (116,002) (96,443)
Net increase in cash, cash equivalents and restricted cash 9,873 83,118
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 378,626 366,608
Supplemental disclosures of cash flow information    
Cash paid for income taxes 34,173 28,776
Cash paid for interest 30 612
Supplemental disclosures of noncash activity    
Change in GNMA loans eligible for repurchase 730 (3,812)
Consumer Loans Receivable    
Changes in operating assets and liabilities, net of acquisitions    
Loans receivable originated (54,155) (74,306)
Principal payments received on loans receivable 42,618 5,480
Commercial Loans Receivable    
Changes in operating assets and liabilities, net of acquisitions    
Loans receivable originated (87,543) (83,509)
Principal payments received on loans receivable $ 85,008 $ 87,591