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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Apr. 03, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 75,363 $ 60,041 $ 51,542
Reconciliation to cash flows provided by operating activities:      
Depreciation and amortization 31,803 27,440 24,129
Change in fair value of earnout liability 571 0 0
Operating leases 2,708 1,971 1,899
(Gain) loss on deferred compensation assets (1,391) 334 (189)
Deferred income taxes (1,459) (232) (1,501)
Stock compensation expense 4,880 3,825 3,818
(Gain) loss from asset disposals (85) (2,950) 452
Changes in operating accounts (using) providing cash, net of acquisitions:      
Trade receivables 21,399 (6,389) (30,526)
Inventories 19,921 4,717 (30,034)
Accounts payable (828) (11,596) 25,138
Accrued liabilities 10,708 (737) 2,723
Lease liabilities 2,676 1,958 1,907
Income taxes (1,390) 3,290 214
Other (112) (443) (3,014)
Net cash provided by operating activities 159,499 77,400 42,837
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property, plant, and equipment (40,151) (48,321) (28,512)
Acquisitions (83,455) 0 (21,546)
Proceeds from asset disposals 1,102 7,091 302
Net cash used in investing activities (122,504) (41,230) (49,756)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Cash dividends paid (13,238) (12,001) (11,056)
New shares issued 2,242 2,008 1,772
Shares surrendered for payroll taxes (2,140) (1,550) (1,467)
Shares repurchased (11,272) (6,557) (8,545)
Payments for debt issuance costs 0 0 (287)
Payments on senior secured revolving loan (98,000) (59,000) (15,000)
Borrowings on senior secured revolving loan 85,000 45,000 42,000
Net cash (used in) provided by financing activities (37,408) (32,100) 7,417
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (413) 4,070 498
CASH AND CASH EQUIVALENTS - beginning of year 7,566 3,496 2,998
CASH AND CASH EQUIVALENTS - end of year 7,153 7,566 3,496
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION-      
Cash paid during the year for income taxes 28,631 19,485 19,726
Cash paid for interest 4,654 4,759 1,197
Noncash investing activities - Capital expenditures in accounts payable 2,697 2,340 3,733
Other Noncash Income (Expense) $ (87) $ (87) $ (93)