Cash, Cash Equivalents and Restricted Cash

6 Months Ended

Sep. 29, 2018

Cash, Cash Equivalents and Restricted Cash

3.	Cash, Cash Equivalents and Restricted Cash

On April 1, 2018, the Company adopted ASU 2016-18, Restricted Cash. The standard requires that changes in restricted cash be reflected with changes in cash and cash equivalents on the statement of cash flows and that a reconciliation between cash and cash equivalents presented on the balance sheet and cash, cash equivalents and restricted cash presented on the statement of cash flows be provided. The provisions of the standard were applied retrospectively, and the effects of adoption were not significant.

A reconciliation of cash, cash equivalents and restricted cash was as follows:

(Dollars in thousands)	September 29, 2018		March 31, 2018
	(unaudited)
Balance sheet - cash and cash equivalents	$	102,873	$	113,731
Balance sheet - restricted cash		—		22,885
Statement of cash flows - cash, cash equivalents and restricted cash	$	102,873	$	136,616