XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 26, 2021
Sep. 27, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 30,761 $ 23,978
Changes in operating accounts providing (using) cash:    
Depreciation and amortization 11,889 11,065
Operating leases 948 963
Gain on deferred compensation assets (416) (804)
Stock compensation expense 1,661 1,386
Other 54 135
Trade receivables 596 (5,811)
Inventories (6,458) (8,004)
Accounts payable 5,116 (1,421)
Accrued liabilities (5,392) (2,320)
Lease liabilities (991) (963)
Income taxes 1,053 792
Other 1,261 1,142
Net cash provided by operating activities 40,082 20,138
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (6,904) (8,120)
Acquisitions (1,200) (25,000)
Other 181 105
Net cash used in investing activities (7,923) (33,015)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends declared and paid (5,356) (4,959)
New shares issued 889 773
Shares surrendered for payroll taxes (1,467) (54)
Shares repurchased (7,421) 0
Net (payments on) proceeds from revolving loan (15,000) 16,000
Net cash (used in) provided by financing activities (28,355) 11,760
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,804 (1,117)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 2,998 4,277
CASH AND CASH EQUIVALENTS, END OF PERIOD 6,802 3,160
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for income taxes 9,650 7,845
Cash paid for interest 563 610
Noncash investing activities - capital expenditures in accounts payable $ 1,076 $ 191