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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Operating activities:    
Net income $ 15,681 $ 2,987
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 20,278 18,410
Share-based compensation expense 755 904
Gain on disposal of assets (168) (256)
Deferred income tax expense 2,931 494
Change in operating assets and liabilities (excluding acquisitions)    
Accounts receivable (98) 1,095
Inventories (4,110) 10,985
Other current assets (4,853) 3,745
Other non-current assets 7,950 7,294
Accounts payables 9,000 11,349
Accrued expenses 15,648 17,555
Federal and state income taxes receivable 7,759 711
Other long-term liabilities (8,114) (2,751)
Long-term income taxes payable 55 14
Cash provided by operating activities 62,714 72,536
Investing activities    
Capital expenditures (5,199) (15,304)
Acquisitions, net of cash acquired (62,059) (200)
Proceeds from the disposal of assets 429 7
Other 67 323
Cash used for investing activities (66,762) (15,174)
Financing activities:    
Proceeds from borrowings 77,000  
Principal payments on long-term debt, finance leases and financing obligations (78,661) (247,364)
Exercise of stock options 779 9
Dividends paid (8,152) (7,435)
Deferred financing costs   (874)
Cash used for financing activities (9,034) (255,664)
Decrease in cash and equivalents (13,082) (198,302)
Cash and equivalents at beginning of period 29,960 345,476
Cash and equivalents at end of period 16,878 147,174
Supplemental information:    
Leased assets obtained in exchange for new finance lease liabilities 6,599 64,216
Leased assets obtained in exchange for new operating lease liabilities $ 1,382 $ 13,796