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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Cash flows from operating activities:    
Net earnings $ 40,623 $ 65,565
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation and amortization 33,556 32,724
Non-cash lease expense 4,017 5,346
LIFO charge 22,978 19,643
Deferred income tax expense (1,166) (661)
Gain on the sale of assets 646 (1,843)
Stock-based compensation expense 127 207
Pension expense 20 300
Changes in operating assets and liabilities:    
Accounts receivable 8,938 7,173
Inventories 114,032 (317,634)
Other assets 735 1,112
Accounts payable 30,465 55,950
Accrued expenses and other (10,994) (5,574)
Income taxes 1,093 11,790
Net cash provided by (used in) operating activities 243,600 (128,126)
Cash flows from investing activities:    
Additions to property, plant and equipment (26,731) (31,843)
Proceeds from the sale of assets 519 7,987
Increase in non-current deposits (2,666) 0
Net cash used in investing activities (28,878) (23,856)
Cash flows from financing activities:    
Borrowings under revolving credit facility 414,302 657,476
Repayments under revolving credit facility (609,331) (579,966)
Borrowings under term loans, finance obligation and note payable 12,394 124,433
Payments on term loans and finance obligation (14,877) (14,252)
Payments on financing leases (3,800) (6,401)
Purchase of treasury stock (10,805) (27,133)
Payment of debt issuance costs (1,535) 0
Dividends (12) (12)
Net cash (used in) provided by financing activities (213,664) 154,145
Net increase (decrease) in cash, cash equivalents and restricted cash 1,058 2,163
Cash, cash equivalents and restricted cash, beginning of the period 11,853 12,256
Cash, cash equivalents and restricted cash, end of the period 12,911 14,419
Supplemental disclosures of cash flow information:    
Cash paid for interest, net of capitalized interest 28,326 22,112
Cash paid for income taxes, net 12,424 8,791
Exchange of non-current deposits for property, plant and equipment 21,320 0
Right-of-use assets obtained in exchange for lease obligations 2,389 4,268
Right-of-use assets derecognized upon early lease termination 8,116 2,392
Assets acquired from exercise of finance lease purchase options, net of accumulated depreciation 2,965 5,183
Property, plant and equipment purchased on account $ 700 $ 95