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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 30, 2023
Dec. 31, 2022
OPERATING ACTIVITIES    
Net income $ 123,971 $ 193,481
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 13,854 12,174
Provision for credit losses (121) (659)
Deferred income taxes (1,861) 3,225
Stock-based compensation expense 4,698 4,855
Non-cash interest income, net (1,230) (527)
Loss (gain) on sale or retirement of property, plant and equipment, net 186 (116)
Gain on investments and sale of loans, net (5,958) (6,647)
Distributions of earnings from equity method investments 0 4,306
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable 18,161 15,988
Consumer loans receivable originated (74,306) (135,552)
Proceeds from sale of consumer loans 81,752 146,050
Principal payments on consumer loans receivable 5,480 7,206
Inventories 51,182 28,513
Prepaid expenses and other current assets 9,909 (16,525)
Commercial loans receivable originated (83,509) (71,183)
Principal payments received on commercial loans receivable 87,591 61,605
Accounts payable, accrued expenses and other liabilities (23,695) (16,075)
Net cash provided by operating activities 206,104 230,119
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (13,237) (40,850)
Payments for acquisitions, net (19,702) 0
Proceeds from sale of property, plant and equipment 4,514 406
Purchases of investments (7,408) (10,198)
Proceeds from sale of investments 9,290 9,230
Return of invested capital from equity method investments 0 12,213
Net cash used in investing activities (26,543) (29,199)
FINANCING ACTIVITIES    
Payments for taxes on stock option exercises and releases of equity awards (1,898) (1,072)
Proceeds from exercise of stock options 3,098 1,591
Payments on finance leases and other secured financings (442) (549)
Payments for common stock repurchases (96,781) (73,230)
Distributions to noncontrolling interest (420) (600)
Net cash used in financing activities (96,443) (73,860)
Net increase in cash, cash equivalents and restricted cash 83,118 127,060
Cash, cash equivalents and restricted cash at beginning of the fiscal year 283,490 259,334
Cash, cash equivalents and restricted cash at end of the period 366,608 386,394
Supplemental disclosures of cash flow information    
Cash paid for income taxes 28,776 71,137
Cash paid for interest 612 430
Change in GNMA loans eligible for repurchase (3,812) (2,914)
Non-cash consideration for acquisitions 5,430 0
Right-of-use Assets    
Leased Assets Acquired 14,743 3,535
Operating Lease Obligations    
Lease Obligations Incurred $ 14,743 $ 3,535