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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Cash flows from operating activities    
Net earnings $ 152,377 $ 132,026
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 48,757 45,214
Write-off of assets relating to exit activities 244 4,146
Derivatives not designated in hedging relationships:    
Net losses (gains) (1,783) 1,204
Cash (settlements) proceeds 1,320 695
Provision for doubtful accounts 1,124 1,456
Deferred income taxes 114 46
Non-cash interest expense 969 820
Stock-based compensation 12,187 13,077
(Gain) loss on disposal of property, plant, and equipment 64 158
Changes in assets and liabilities:    
Accounts receivable (9,323) 93,368
Inventories (12,401) 10,529
Prepaid and other current assets (26,201) (13,891)
Other assets 968 (1,306)
Accounts payable (40,104) (57,233)
Accrued expenses (83,963) (44,803)
Other liabilities (303) 217
Net cash provided by (used in) operating activities 44,046 185,723
Cash flows from investing activities    
Capital expenditures (66,486) (35,854)
Purchase of business (205,276) (8,270)
Proceeds from disposal of property, plant, and equipment 89 2,007
Investment in Equity Securities (10,852) 0
Net cash (used in) provided by investing activities (282,525) (42,117)
Cash flows from financing activities    
Net (repayments) borrowings on short-term debt (434) (61)
Proceeds from Second Amended Revolver borrowings 476,600 172,500
Repayments of Second Amended Revolver borrowings (76,600) (252,500)
Repayments of Second and Third Amended Term Loans 0 (12,736)
Finance lease obligations (8) 0
Option proceeds, net 7,445 9,668
Payment of taxes related to net share settlement of equity awards (7,984) (7,348)
Purchase of treasury stock (75,187) (47,340)
Issuance of treasury stock- ESPP 537 0
Dividends paid to stockholders (18,598) (16,341)
PPD Deferred Financing on Bond Issue-Legal Fees (351) 0
Other (166) 690
Net cash (used in) financing activities 305,254 (153,468)
Effect of exchange rate changes on cash and cash equivalents 7,820 (9,052)
Net increase (decrease) in cash and cash equivalents 74,595 (18,914)
Cash and cash equivalents at beginning of period 333,324 346,665
Cash and cash equivalents at end of period $ 407,919 $ 327,751