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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Mar. 28, 2015
Cash Flows from Operating Activities:      
Net (loss) income $ (26,268) $ (55,579) $ 16,897
Non-cash items:      
Depreciation and amortization 89,733 89,911 86,053
Impairment of assets 75,348 101,243 5,877
Stock-based compensation expense 9,150 6,949 14,095
Deferred tax (benefit) expense (6,800) (1,038) 4,230
Unrealized loss (gain) from hedging activities 517 (2,645) 1,558
Changes in fair value of contingent consideration 0 (4,727) (2,918)
Provision for losses on accounts receivable and inventory 11,381 13,053 4,972
Other non-cash operating activities 860 899 1,055
Change in operating assets and liabilities:      
Change in accounts receivable 3,155 (10,328) 8,446
Change in inventories (1,552) 11,896 (21,515)
Change in prepaid income taxes 1,395 (651) 10,662
Change in other assets and other liabilities (18,253) 3,121 (8,013)
Tax benefit of exercise of stock options 0 0 3,786
Change in accounts payable and accrued expenses 21,072 (30,239) 1,993
Net cash provided by operating activities 159,738 121,865 127,178
Cash Flows from Investing Activities:      
Capital expenditures (76,135) (102,405) (122,220)
Proceeds from sale of property, plant and equipment 2,822 637 452
Other acquisitions and investments 0 (3,000) 0
Net cash used in investing activities (73,313) (104,768) (121,768)
Cash Flows from Financing Activities:      
Payments on long-term real estate mortgage 0 (943) (1,048)
Net (decrease) increase in short-term loans (50,727) 2,272 843
Repayment of term loan borrowings (42,683) (21,342) (8,531)
Proceeds from employee stock purchase plan 3,560 4,341 4,763
Proceeds from exercise of stock options 29,437 14,032 9,290
Share repurchases 0 (60,984) (39,033)
Other financing activities 0 0 556
Net cash used in financing activities (60,413) (62,624) (33,160)
Effect of exchange rates on cash and cash equivalents (1,571) (12) (4,057)
Net Change in Cash and Cash Equivalents 24,441 (45,539) (31,807)
Cash and Cash Equivalents at Beginning of Year 115,123 160,662 192,469
Cash and Cash Equivalents at End of Year 139,564 115,123 160,662
Supplemental Disclosures of Cash Flow Information:      
Interest paid 7,850 8,511 8,497
Income taxes paid 6,957 7,829 11,211
Transfers from inventory to fixed assets for placement of Haemonetics equipment $ 6,255 $ 9,663 $ 7,458