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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities      
Net income $ 201,640 $ 146,696 $ 401,802
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 41,910 34,910 26,726
Equity-based compensation 18,269 19,560 14,160
Deferred taxes (10,585) (6,448) 1,127
Amortization of deferred financing fees 414 348 357
Loss (gain) on disposal of property, plant, and equipment 35 205 (129)
Foreign currency transaction loss 1,305 297 828
Equity in net loss of affiliates 2,004 7,023 0
Dividends from equity method investment 1,242 0 0
Change in fair value of contingent consideration 8,620 0 0
Change in assets and liabilities, net of business acquired:      
Accounts receivable (19,507) 18,910 23,090
Floor plan receivables (22,601) (15,391) 0
Inventories (41,961) 22,424 49,196
Other assets 15,594 (14,579) (11,930)
Accounts payable 14,424 (7,950) (49,082)
Accrued expenses and other current liabilities 30,054 16,699 (39,920)
Net cash provided by operating activities 240,857 222,704 416,225
Cash flows from investing activities      
Additions to property, plant, and equipment (50,532) (52,915) (52,244)
Cash paid for acquisitions, net of cash acquired 0 (283,189) (6,810)
Cash paid for equity method investment 0 (4,100) (2,500)
Cash paid for investment in ECN common stock 0 (78,858) 0
Cash paid for investment in ECN preferred stock 0 (64,520) 0
Investment in floor plan loans 0 (18,466) 0
Proceeds from floor plan loans 2,745 15,721 0
Proceeds from disposal of property, plant, and equipment 1,632 649 375
Net cash used in investing activities (46,155) (485,678) (61,179)
Cash flows from financing activities      
Changes in floor plan financing, net 14,805 15,368 (35,460)
Payments on long term debt 0 (77) 0
Payments for repurchase of common stock (79,999) 0 0
Stock option exercises 473 1,456 2,473
Tax payments for equity-based compensation (8,317) (5,883) (4,032)
Net cash (used in) provided by financing activities (73,038) 10,864 (37,019)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (6,389) (280) (5,987)
Net increase (decrease) in cash, cash equivalents, and restricted cash 115,275 (252,390) 312,040
Cash, cash equivalents, and restricted cash at beginning of period 495,063 747,453 435,413
Cash, cash equivalents, and restricted cash at end of period 610,338 495,063 747,453
Supplemental disclosures of cash flow information      
Cash paid for interest 8,391 3,875 2,938
Cash paid for income taxes $ 59,242 $ 59,056 $ 143,600