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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2023
Apr. 01, 2023
Current assets:    
Cash and cash equivalents $ 285,719 $ 284,466
Accounts receivable, less allowance for credit losses of $5,047 at July 1, 2023 and $4,932 at April 1, 2023 177,117 179,142
Inventories, net 289,207 259,379
Prepaid expenses and other current assets 49,564 46,735
Total current assets 801,607 769,722
Property, plant and equipment, net 304,467 310,885
Intangible assets, less accumulated amortization of $427,521 at July 1, 2023 and $417,422 at April 1, 2023 268,146 275,771
Goodwill 465,910 466,231
Deferred tax asset 4,875 5,241
Other long-term assets 117,253 106,975
Total assets 1,962,258 1,934,825
Current liabilities:    
Notes payable and current maturities of long-term debt 13,572 11,784
Accounts payable 78,134 63,929
Accrued payroll and related costs 32,970 64,475
Other current liabilities 112,263 111,628
Total current liabilities 236,939 251,816
Long-term debt, net of current maturities 751,381 754,102
Deferred tax liability 37,342 36,195
Other long-term liabilities 71,980 74,715
Stockholders’ equity:    
Common stock, $0.01 par value; Authorized — 150,000,000 shares; Issued and outstanding — 50,705,779 shares at July 1, 2023 and 50,448,519 shares at April 1, 2023 507 504
Additional paid-in capital 609,610 594,706
Retained earnings 284,017 253,168
Accumulated other comprehensive loss (29,518) (30,381)
Stockholders’ equity: 864,616 817,997
Total liabilities and stockholders’ equity $ 1,962,258 $ 1,934,825