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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net earnings $ 65,565 $ 42,288
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation and amortization 38,070 39,721
LIFO charge 19,643 79,333
Gain on the sale of assets (1,843) (2,191)
Deferred income taxes (661) 1,418
Stock-based compensation expense 207 109
Pension expense 300 1,110
Changes in operating assets and liabilities:    
Accounts receivable 7,173 24,722
Inventories (317,634) (449,459)
Other current assets (1,112) 910
Income taxes 11,790 7,873
Accounts payable 55,950 68,463
Accrued expenses and other (5,574) (3,777)
Net cash used in operating activities (128,126) (189,480)
Cash flows from investing activities:    
Additions to property, plant and equipment (31,843) (56,509)
Proceeds from the sale of assets 7,987 5,013
Net cash used in investing activities (23,856) (51,496)
Cash flows from financing activities:    
Borrowings under revolving credit facility 657,476 783,346
Repayments under revolving credit facility (579,966) (490,046)
Borrowings under term loans 124,433 0
Principal payments on term loans (14,252) (2,976)
Payments on financing leases (6,401) (6,515)
Purchase of treasury stock (27,133) (41,209)
Dividends (12) (12)
Net cash provided by financing activities 154,145 242,588
Net increase in cash, cash equivalents and restricted cash 2,163 1,612
Cash, cash equivalents and restricted cash, beginning of the period 12,256 10,904
Cash, cash equivalents and restricted cash, end of the period 14,419 12,516
Supplemental disclosures of cash flow information:    
Interest, net of capitalized interest 22,112 7,228
Income taxes 8,791 3,082
Right-of-use assets obtained in exchange for lease obligations 4,268 8,237
Right-of-use assets derecognized upon early lease termination 2,392 2,874
Assets acquired from exercise of finance lease purchase options, net of accumulated depreciation 5,183 0
Property, plant and equipment purchased on account 95 970
Sale of property, plant and equipment in exchange for note receivable $ 0 $ 750