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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ 10,527 $ (8,479)
Non-cash items:    
Depreciation and amortization 20,724 27,437
Impairment of assets 1,028 48,721
Share-based compensation expense 6,167 4,730
Deferred tax benefit (501) (5,309)
Provision for losses on accounts receivable and inventory 1,193 (1,378)
Other non-cash operating activities 66 50
Change in operating assets and liabilities:    
Change in accounts receivable 25,067 22,518
Change in inventories (24,557) (37,414)
Change in prepaid income taxes (3,544) (3,228)
Change in other assets and other liabilities 865 (8,208)
Change in accounts payable and accrued expenses (25,223) (36,812)
Net cash provided by operating activities 11,812 2,628
Cash Flows from Investing Activities:    
Capital expenditures (7,696) (8,249)
Acquisition (16,606) 0
Proceeds from divestiture 0 9,808
Proceeds from sale of property, plant and equipment 406 302
Net cash (used in) provided by investing activities (23,896) 1,861
Cash Flows from Financing Activities:    
Net increase in short-term loans 150,000 90,000
Repayment of term loan borrowings (4,375) (4,375)
Share repurchases 0 (75,000)
Proceeds from employee stock purchase plan 2,144 1,830
Proceeds from exercise of stock options 1,193 3,635
Other (11) 0
Net cash provided by financing activities 148,951 16,090
Effect of exchange rates on cash and cash equivalents 1,547 304
Net Change in Cash and Cash Equivalents 138,414 20,883
Cash and Cash Equivalents at Beginning of Period 137,311 169,351
Cash and Cash Equivalents at End of Period 275,725 190,234
Supplemental Disclosures of Cash Flow Information:    
Interest paid 2,780 3,535
Income taxes paid 2,063 3,078
Transfers from inventory to fixed assets for placement of Haemonetics equipment $ 2,364 $ 2,973