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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 29, 2019
Dec. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 23,604 $ 20,662
Changes in operating accounts providing (using) cash:    
Depreciation and amortization 16,181 16,398
Operating leases 1,538 0
Amortization of debt issuance costs 70 98
(Gain) loss on deferred compensation assets (274) 240
Deferred income taxes 0 82
Stock compensation expense 1,830 1,574
(Gain) loss from property disposals (112) 54
Trade receivables (8,035) (2,048)
Inventories 2,940 (7,936)
Accounts payable (2,469) (4,013)
Accrued liabilities (3,148) 1,261
Operating Lease, Payments (1,565) 0
Income taxes (82) 2,558
Other 1,557 1,832
Net cash provided by operating activities 44,991 31,030
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (19,426) (7,205)
Other 326 167
Net cash used in investing activities (19,100) (7,038)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends paid (7,350) (9,525)
New shares issued 661 677
Shares surrendered for payroll taxes (343) (265)
Shares repurchased (3,793) (2,386)
Net payments on revolver borrowings (17,000) 75,000
Payments on term loan borrowings 0 (85,000)
Payments for debt issuance costs 0 183
Net cash used in financing activities (27,825) (21,682)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 9,199 4,990
CASH AND CASH EQUIVALENTS, END OF PERIOD 7,265 7,300
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for income taxes 8,653 5,100
Cash paid for interest 1,960 2,238
Noncash investing activities - capital expenditures in accounts payable 394 326
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS $ (1,934) $ 2,310