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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Cash flows from operating activities    
Net income $ 163,939 $ 143,908
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,796 24,017
Amortization of deferred financing fees 280 255
Equity-based compensation 14,184 15,231
Deferred taxes (2,464) (3,115)
Loss on disposal of property, plant, and equipment 128 145
Foreign currency transaction loss (gain) 1,436 (184)
Equity in net loss of affiliates 1,466 217
Dividends from equity method investment 1,011 0
Change in fair value of contingent consideration 7,912 0
Change in assets and liabilities:    
Accounts receivable (3,858) 39,340
Floor plan receivables (16,874) (4,978)
Inventories (18,902) 47,696
Other assets 8,045 (10,756)
Accounts payable (4,762) (15,309)
Accrued expenses and other liabilities 12,515 (17,850)
Net cash provided by operating activities 194,852 218,617
Cash flows from investing activities    
Additions to property, plant, and equipment (37,971) (40,986)
Cash paid for equity method investment 0 (2,250)
Cash paid for investment in ECN common stock 0 (78,858)
Cash paid for investment in ECN preferred stock 0 (64,520)
Investment in floor plan loans 0 (18,466)
Proceeds from floor plan loans 2,737 14,646
Acquisitions, net of cash acquired 0 (284,545)
Proceeds from disposal of property, plant, and equipment 222 556
Net cash (used) in investing activities (35,012) (474,423)
Cash flows from financing activities    
Changes in floor plan financing, net (3,089) 4,474
Payments on long term debt (20) (67)
Payments on repurchase of common stock (59,999) 0
Stock option exercises 285 506
Tax payments for equity-based compensation (3,031) (983)
Net cash (used in) provided by financing activities (65,854) 3,930
Effect of exchange rate changes on cash and cash equivalents (7,296) 2,330
Net increase (decrease) in cash and cash equivalents 86,690 (249,546)
Cash and cash equivalents at beginning of period 495,063 747,453
Cash and cash equivalents at end of period $ 581,753 $ 497,907