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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 25, 2017
Mar. 26, 2016
Cash flows from operating activities:      
Net income $ 161,995 $ 261,209 $ 123,630
Adjustments to net cash provided by operating activities:      
Depreciation and amortization 81,399 63,433 58,060
Stock compensation expense 48,741 39,593 33,506
Deferred income taxes 11,646 10,885 23,202
Loss on retirement or write-off of long-lived assets 626 10,387 2,753
(Payments) charges for defined benefit pension plan (10,929) 116 729
Excess tax benefit from employee stock awards 0 0 (3,850)
Other non-cash charges (3,864) 8,980 19,702
Net change in operating assets and liabilities:      
Accounts receivable, net 19,173 (31,442) 24,156
Inventories (37,865) (25,880) (57,819)
Other assets 16,824 575 (1,522)
Accounts payable 143 1,772 (41,456)
Accrued salaries and benefits (4,469) 18,951 (2,993)
Deferred income 0 0 (6,105)
Income taxes payable 22,983 10,969 (11,807)
Other accrued liabilities 12,308 203 (11,140)
Net cash provided by operating activities 318,711 369,751 149,046
Cash flows from investing activities:      
Maturities and sales of available-for-sale marketable securities 138,221 212,863 125,660
Purchases of available-for-sale marketable securities (238,434) (231,432) (22,570)
Purchases of property, equipment and software (55,180) (41,849) (41,569)
Investments in technology (29,323) (9,447) (4,519)
Acquisition of businesses, net of cash obtained 0 0 (36,759)
Net cash (used in) provided by investing activities (184,716) (69,865) 20,243
Cash flows from financing activities:      
Principal payments on long-term revolver (60,000) (100,439) (20,000)
Debt issuance costs 0 (2,152) 0
Payments on capital lease agreements 0 (699) 0
Issuance of common stock, net of shares withheld for taxes 4,417 16,518 6,617
Repurchase of stock to satisfy employee tax withholding obligations (17,806) (14,089) (6,861)
Repurchase and retirement of common stock (175,776) (15,439) (60,503)
Excess tax benefit from employee stock awards 0 0 3,850
Contingent consideration payments (392) (1,213) 0
Net cash used in financing activities (249,557) (117,513) (76,897)
Net (decrease) increase in cash and cash equivalents (115,562) 182,373 92,392
Cash and cash equivalents at beginning of period 351,166 168,793 76,401
Cash and cash equivalents at end of period 235,604 351,166 168,793
Cash payments during the year for:      
Income taxes 34,385 8,001 23,785
Interest $ 835 $ 2,947 $ 3,318