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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Oct. 02, 2021
Sep. 26, 2020
OPERATING ACTIVITIES    
Net income $ 64,729 $ 31,723
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 3,190 3,182
Provision for credit losses (74) 223
Deferred income taxes 1,987 (18)
Stock-based compensation expense 2,417 2,048
Non-cash interest income, net (770) (2,596)
(Gain) loss on sale or retirement of property, plant and equipment, net (41) 242
Gain on investments and sale of loans, net (12,555) (9,597)
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable (3,136) 5,948
Consumer loans receivable originated (85,370) (82,352)
Proceeds from sale of consumer loans 101,556 80,589
Principal payments on consumer loans receivable 6,875 6,974
Inventories (19,980) 1,663
Prepaid expenses and other current assets 993 11,536
Commercial loans receivable 3,331 4,691
Accounts payable and accrued expenses and other current liabilities 16,935 20,353
Net cash provided by operating activities 80,087 74,609
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (4,671) (3,773)
Payments for acquisitions, net (151,309) 0
Proceeds from sale of property, plant and equipment 53 77
Purchases of investments (6,251) (4,440)
Proceeds from sale of investments 6,133 8,054
Net cash used in investing activities (156,045) (82)
FINANCING ACTIVITIES    
Proceeds from (payments for) exercise of stock options 2,865 (11)
Proceeds from secured financings and other 0 64
Payments on secured financings and other (1,122) (918)
Payments for common stock repurchases (20,436) 0
Distributions to noncontrolling interest (180) 0
Net cash used in financing activities (18,873) (865)
Net (decrease) increase in cash, cash equivalents and restricted cash (94,831) 73,662
Cash, cash equivalents and restricted cash at beginning of the fiscal year 339,307 255,607
Cash, cash equivalents and restricted cash at end of the period 244,476 329,269
Supplemental disclosures of cash flow information    
Cash paid for income taxes 19,127 7,865
Cash paid for interest 195 251
Change in GNMA loans eligible for repurchase (8,830) 16,170
Operating Lease Obligations    
Lease Obligations Incurred 2,205 5,617
Finance Lease Obligations    
Lease Obligations Incurred 6,043 0
Right-of-use Assets    
Leased Assets Acquired 2,205 5,617
Finance Leased Assets    
Leased Assets Acquired $ 7,398 $ 0