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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Cash Flows from Operating Activities:    
Net income $ 12,596 $ 3,839
Non-cash items:    
Depreciation and amortization 44,998 41,625
Amortization of financing costs 435 572
Stock compensation expense 3,883 6,938
Loss on sale of property, plant and equipment 139 364
Unrealized (gain)/loss from hedging activities (710) 554
Change in fair value of contingent consideration 171 459
Asset write-down 88 474
Change in operating assets and liabilities:    
Change in accounts receivable, net 243 10,145
Change in inventories 2,510 (13,185)
Change in prepaid income taxes (182) (2,028)
Change in other assets and other liabilities (1,712) (8,160)
Tax benefit of exercise of stock options 1,375 854
Change in accounts payable and accrued expenses (27,073) 2,529
Net cash provided by operating activities 36,761 44,980
Cash Flows from Investing Activities:    
Capital expenditures (50,130) (70,872)
Proceeds from sale of property, plant and equipment 293 377
Other acquisitions and investments 3,000 0
Net cash used in investing activities (52,837) (70,495)
Cash Flows from Financing Activities:    
Payments on long-term real estate mortgage (558) (513)
Net increase in short-term loans 6,924 786
Repayment of term loan borrowings 0 (8,531)
Proceeds from employee stock purchase plan 2,263 2,530
Proceeds from exercise of stock options 8,374 4,042
Share repurchases (60,984) (33,770)
Net cash used in financing activities (43,981) (35,456)
Effect of exchange rates on cash and cash equivalents (358) (1,527)
Net Change in Cash and Cash Equivalents (60,415) (62,498)
Cash and Cash Equivalents at Beginning of Period 160,662 192,469
Cash and Cash Equivalents at End of Period 100,247 129,971
Supplemental Disclosures of Cash Flow Information:    
Interest paid 4,162 4,180
Income taxes paid 4,656 8,351
Transfers from inventory to fixed assets for placement of Haemonetics equipment $ 5,550 $ 4,026