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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Cash Flows from Operating Activities:    
Net income $ 38,373 $ 41,042
Non-cash items:    
Depreciation and amortization 29,136 23,032
Amortization of fair value inventory step-up 5,239 0
Gain (Loss) on Repurchase of Debt Instrument (12,600) 0
Share-based compensation expense 7,628 6,989
Inventory reserve adjustment 3,602 (1,785)
Gain (Loss) on Disposition of Business (14,291) (214)
Other non-cash operating activities (1,927) 1,726
Change in operating assets and liabilities:    
Change in accounts receivable 7,970 1,010
Change in inventories (39,830) (29,396)
Change in prepaid income taxes 3,223 1,595
Change in other assets and other liabilities (9,839) (9,986)
Change in accounts payable and accrued expenses (44,105) (14,927)
Net cash (used in) provided by operating activities (27,421) 19,086
Cash Flows from Investing Activities:    
Capital expenditures (5,656) (7,681)
Transfers from Inventory to Fixed Assets (4,211) (1,982)
Acquisition, net of cash acquired (149,151) 0
Proceeds from sale of property, plant and equipment 20,362 402
Other investments (541) (6,000)
Net cash used in investing activities (139,197) (15,261)
Cash Flows from Financing Activities:    
Term loan borrowings 250,000 0
Proceeds from Convertible Debt 700,000 0
Purchase Of Capped Call Related To Convertible Notes (88,200) 0
Decrease For Redemption Of Convertible Senior Notes (185,500) 0
Term loan redemption (262,500) 0
Repayments of Long-term Lines of Credit 50,000 0
Debt issuance costs (23,135) 0
Repayment of term loan borrowings (1,563) (1,750)
Repayments of Long-term Lines of Credit (50,000) 0
Proceeds from employee stock purchase plan 3,441 2,871
Proceeds from exercise of stock options 961 627
Cash used to net share settle employee equity awards (9,750) (1,483)
Other financing activities (62) (863)
Net cash provided by (used in) financing activities 333,692 (598)
Effect of exchange rates on cash and cash equivalents (1,445) (1,974)
Net Change in Cash and Cash Equivalents 165,629 1,253
Cash and Cash Equivalents at Beginning of Period 178,800 284,466
Cash and Cash Equivalents at End of Period $ 344,429 $ 285,719