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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Apr. 02, 2022
Cash Flows from Operating Activities:      
Net income $ 117,558 $ 115,401 $ 43,375
Non-cash items:      
Depreciation and amortization 97,215 93,307 97,747
Impairment of assets 10,419 607 7,953
Share-based compensation expense 28,332 25,583 24,359
Gains on divestiture and sale of assets 2,000 382 9,603
Contingent consideration 0 (504) 10,461
Amortization of fair value inventory step-up 3,347 0 0
Deferred tax benefit (11,039) 4,783 5,013
Amortization of deferred financing costs 3,175 1,970 3,404
Provision (benefit) for losses on inventory 9,312 664 (861)
Other non-cash operating activities 133 6,126 5,592
Change in operating assets and liabilities:      
Change in accounts receivable (24,193) (24,421) (34,974)
Change in inventories (60,061) 30,754 24,307
Change in prepaid income taxes (983) 1,688 2,870
Change in other assets and other liabilities (34,046) (22,334) (15,022)
Change in accounts payable and accrued expenses 44,582 39,816 7,642
Net cash provided by operating activities 181,751 273,058 172,263
Cash Flows from Investing Activities:      
Capital expenditures (66,296) (110,191) (96,509)
Proceeds from divestiture and sale of assets 1,500 850 10,642
Proceeds from sale of property, plant and equipment 1,810 1,608 2,022
Payments to Acquire Businesses, Net of Cash Acquired 243,852 2,850 2,500
Payments to Acquire Other Investments (15,551) (33,205) 0
Net cash used in investing activities (322,389) (143,788) (86,345)
Cash Flows from Financing Activities:      
Term loan borrowings 0 280,000 0
Term loan redemption 0 (280,000) 0
Repayment of term loan borrowings (12,250) (9,625) (17,500)
Proceeds from revolving facility 110,000 50,000 0
Payments on revolving facility (60,000) (50,000) 0
Debt issuance costs 0 (1,118) 0
Contingent consideration payments (849) (21,593) (4,791)
Proceeds from employee stock purchase plan 5,604 4,378 4,209
Proceeds from exercise of stock options 1,610 2,638 2,338
Payment, Tax Withholding, Share-Based Payment Arrangement (5,885) 0 0
Share repurchases 0 (75,000) 0
Other financing activities (73) (44) (5)
Net cash provided by (used in) financing activities 38,157 (100,364) (15,749)
Effect of exchange rates on cash and cash equivalents (3,185) (3,936) (2,978)
Net Change in Cash and Cash Equivalents (105,666) 24,970 67,191
Cash and Cash Equivalents at Beginning of Year 284,466 259,496 192,305
Cash and Cash Equivalents at End of Year 178,800 284,466 259,496
Supplemental Disclosures of Cash Flow Information:      
Interest paid 20,901 13,587 6,187
Income taxes paid 52,706 17,967 24,298
Transfers from inventory to fixed assets for placement of Haemonetics equipment $ 28,781 $ 81,136 $ 51,800