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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 29, 2018
Sep. 23, 2017
Cash flows from operating activities:    
Net income $ 53,901 $ 116,212
Adjustments to reconcile net income to net cash generated by operating activities:    
Depreciation and amortization 45,296 39,031
Stock compensation expense 25,925 23,695
Deferred income taxes (1,497) 346
Loss on retirement or write-off of long-lived assets 883 377
Charges for defined benefit pension plan 0 658
Other non-cash adjustments 216 (3,819)
Net change in operating assets and liabilities:    
Accounts receivable, net (100,448) (112,406)
Inventories 63,054 (42,896)
Other assets (4,001) 5,056
Accounts payable and other accrued liabilities (516) 49,658
Income taxes payable (3,863) 4,797
Net cash generated by operating activities 78,950 80,709
Cash flows from investing activities:    
Maturities and sales of available-for-sale marketable securities 30,295 109,069
Purchases of available-for-sale marketable securities (31,118) (158,216)
Purchases of property, equipment and software (18,842) (25,781)
Investments in technology (2,248) (21,809)
Net cash used in investing activities (21,913) (96,737)
Cash flows from financing activities:    
Principal payments on long-term revolver 0 (60,000)
Issuance of common stock, net of shares withheld for taxes 228 5,695
Repurchase of stock to satisfy employee tax withholding obligations (2,015) (5,085)
Repurchase and retirement of common stock (94,997) (95,550)
Net cash used in financing activities (96,784) (154,940)
Net decrease in cash and cash equivalents (39,747) (170,968)
Cash and cash equivalents at beginning of period 235,604 351,166
Cash and cash equivalents at end of period $ 195,857 $ 180,198