XML 19 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net (loss) income $ (73,057) $ 241,568
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation 146,841 155,132
Intangible assets amortization 92,308 99,476
Deferred income taxes 62,365 (2,557)
Goodwill, Impairment Loss 221,414 0
Stock-based compensation expense 99,253 86,911
Other, net 24,453 95,459
Changes in operating assets and liabilities:    
Accounts receivable, net (179,315) 201,823
Inventories 66,190 (98,882)
Prepaid expenses and other assets (10,312) 42,979
Accounts payable and accrued liabilities 183,091 (85,321)
Income taxes payable and receivable (9,408) (17,281)
Other liabilities 7,022 58,481
Net cash provided by operating activities 630,845 777,788
Cash flows from investing activities:    
Purchase of property and equipment (94,514) (124,853)
Proceeds from Sale of Property, Plant, and Equipment 47,446 581
Other investing activities 23,777 6,914
Net cash used in investing activities (23,291) (117,358)
Cash flows from financing activities:    
Repurchase of common stock, including transaction costs (300,043) (711,732)
Proceeds from the issuance of common stock 26,358 20,828
Tax withholding paid on behalf of employees for restricted stock units (26,318) (22,687)
Repayments of Debt 17,914 0
Other financing activities (9,933) (422)
Net cash used in financing activities (327,850) (714,013)
Net increase (decrease) in cash, cash equivalents and restricted cash 283,044 (53,863)
Cash, cash equivalents and restricted cash at the beginning of the period 808,943 972,805
Cash, cash equivalents and restricted cash at the end of the period 1,091,987 918,942
Effect of exchange rate changes on cash, cash equivalents and restricted cash 3,340 (280)
Cash and cash equivalents 1,071,987 918,758
Restricted cash included in "Other current assets" and "Other non-current assets" 20,000 184
Capital expenditures included in liabilities $ 77,704 $ 26,597