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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Cash flows from operating activities:    
Net income $ 149,340 $ 83,834
Adjustments to reconcile net income to net cash generated by operating activities:    
Depreciation and amortization 55,379 62,638
Stock-based compensation expense 39,700 37,106
Deferred income taxes (3,403) (2,247)
Loss on retirement or write-off of long-lived assets 46 2,226
Net charges for defined benefit pension plan 0 11,189
Other non-cash adjustments 560 322
Net change in operating assets and liabilities:    
Accounts receivable, net (55,281) (35,795)
Inventories 26,813 37,490
Other assets (9,892) (4,760)
Accounts payable and other accrued liabilities 47,080 8,741
Income taxes payable (3,795) (3,608)
Net cash generated by operating activities 246,547 197,136
Cash flows from investing activities:    
Maturities and sales of available-for-sale marketable securities 131,761 41,389
Purchases of available-for-sale marketable securities (163,925) (66,729)
Purchases of property, equipment and software (13,262) (23,421)
Investments in technology (4,893) (2,700)
Net cash used in investing activities (50,319) (51,461)
Cash flows from financing activities:    
Issuance of common stock, net of shares withheld for taxes 14,211 404
Repurchase of stock to satisfy employee tax withholding obligations (14,309) (12,367)
Repurchase and retirement of common stock (70,001) (149,997)
Net cash used in financing activities (70,099) (161,960)
Net increase (decrease) in cash and cash equivalents 126,129 (16,285)
Cash and cash equivalents at beginning of period 216,172 235,604
Cash and cash equivalents at end of period $ 342,301 $ 219,319