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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows from operating activities    
Net income $ 11,903 $ 17,380
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,921 3,110
Amortization of intangible assets 1,361 1,362
Amortization of deferred financing fees 127 131
Fair market value adjustment for asset classified as held for sale   986
Equity-based compensation 2,226 1,917
Deferred taxes 1,532 1,545
Loss (gain) on disposal of property, plant, and equipment 5 (12)
Foreign currency transaction gain (122) (72)
Change in assets and liabilities:    
Accounts receivable 2,483 55
Inventories 10,956 9,786
Prepaids and other assets (232) (3,706)
Accounts payable (6,396) 1,568
Accrued expenses and other liabilities 5,441 (7,270)
Net cash provided by operating activities 32,205 26,780
Cash flows from investing activities    
Additions to property, plant, and equipment (1,311) (4,526)
Proceeds from disposal of property, plant, and equipment 12 12
Net cash used in investing activities (1,299) (4,514)
Cash flows from financing activities    
Changes in floor plan financing, net (4,527) (653)
Payments on revolving debt facility   (5,000)
Stock option exercises 3  
Net cash used in financing activities (4,524) (5,653)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 670 400
Net increase in cash, cash equivalents, and restricted cash 27,052 17,013
Cash, cash equivalents, and restricted cash at beginning of period 209,455 126,634
Cash, cash equivalents, and restricted cash at end of period $ 236,507 $ 143,647