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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Apr. 02, 2022
Cash flows from operating activities      
Net income $ 146,696 $ 401,802 $ 248,044
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 34,910 26,726 20,936
Equity-based compensation 19,560 14,160 9,777
Deferred taxes (6,448) 1,127 3,019
Amortization of deferred financing fees 348 357 690
Loss (gain) on disposal of property, plant, and equipment 205 (129) 612
Foreign currency transaction loss (gain) 297 828 (83)
Equity in net loss of affiliate 7,023 0 0
Change in assets and liabilities, net of business acquired:      
Accounts receivable 18,910 23,090 (32,854)
Floor plan receivables (15,391) 0 0
Inventories 22,424 49,196 (75,019)
Other assets (14,579) (11,930) (28,217)
Accounts payable (7,950) (49,082) 34,824
Accrued expenses and other current liabilities 16,699 (39,920) 42,750
Net cash provided by operating activities 222,704 416,225 224,479
Cash flows from investing activities      
Additions to property, plant, and equipment (52,915) (52,244) (31,979)
Cash paid for acquisitions, net of cash acquired (283,189) (6,810) (207)
Cash paid for equity method investment (4,100) (2,500) 0
Cash paid for investment in ECN common stock (78,858) 0 0
Cash paid for investment in ECN preferred stock (64,520) 0 0
Investment in floor plan loans (18,466) 0 0
Proceeds from floor plan loans 15,721 0 0
Proceeds from disposal of property, plant, and equipment 649 375 219
Net cash used in investing activities (485,678) (61,179) (31,967)
Cash flows from financing activities      
Changes in floor plan financing, net 15,368 (35,460) 9,728
Payments on long term debt (77) 0 0
Payments on revolving debt facility 0 0 (26,900)
Payments for deferred financing fees 0 0 (1,130)
Stock option exercises 1,456 2,473 1,405
Tax payments for equity-based compensation (5,883) (4,032) (3,039)
Net cash provided by (used in) financing activities 10,864 (37,019) (19,936)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (280) (5,987) 256
Net (decrease) increase in cash, cash equivalents, and restricted cash (252,390) 312,040 172,832
Cash, cash equivalents, and restricted cash at beginning of period 747,453 435,413 262,581
Cash, cash equivalents, and restricted cash at end of period 495,063 747,453 435,413
Supplemental disclosures of cash flow information      
Cash paid for interest 3,875 2,938 2,664
Cash paid for income taxes $ 59,056 $ 143,600 $ 73,831