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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Cash flows from operating activities:    
Net income $ 80,828 $ 53,901
Adjustments to reconcile net income to net cash generated by operating activities:    
Depreciation and amortization 37,911 45,296
Stock-based compensation expense 25,540 25,925
Deferred income taxes (1,919) (1,497)
Loss on retirement or write-off of long-lived assets 5 883
Other non-cash adjustments 453 216
Net change in operating assets and liabilities:    
Accounts receivable, net (97,305) (100,448)
Inventories 19,904 63,054
Other assets (6,816) (4,001)
Accounts payable and other accrued liabilities 61,525 (516)
Income taxes payable (2,291) (3,863)
Net cash generated by operating activities 117,835 78,950
Cash flows from investing activities:    
Maturities and sales of available-for-sale marketable securities 90,922 30,295
Purchases of available-for-sale marketable securities (121,100) (31,118)
Purchases of property, equipment and software (9,333) (18,842)
Investments in technology (4,730) (2,248)
Net cash used in investing activities (44,241) (21,913)
Cash flows from financing activities:    
Issuance of common stock, net of shares withheld for taxes 3,374 228
Repurchase of stock to satisfy employee tax withholding obligations (1,202) (2,015)
Repurchase and retirement of common stock (70,001) (94,997)
Net cash used in financing activities (67,829) (96,784)
Net increase (decrease) in cash and cash equivalents 5,765 (39,747)
Cash and cash equivalents at beginning of period 216,172 235,604
Cash and cash equivalents at end of period $ 221,937 $ 195,857