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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 30, 2017
Dec. 24, 2016
Cash flows from operating activities:    
Net income $ 149,991 $ 226,151
Adjustments to reconcile net income to net cash generated by operating activities:    
Depreciation and amortization 59,175 47,989
Stock compensation expense 36,208 28,708
Deferred income taxes 13,260 5,285
Loss on retirement or write-off of long-lived assets 461 424
Other non-cash adjustments (3,692) (2,547)
Net change in operating assets and liabilities:    
Accounts receivable, net (97,645) (158,098)
Inventories (25,072) (12,113)
Other assets 8,289 (1,215)
Accounts payable and other accrued liabilities 27,361 96,673
Income taxes payable 44,687 13,636
Net cash generated by operating activities 213,023 244,893
Cash flows from investing activities:    
Maturities and sales of available-for-sale marketable securities 128,536 157,234
Purchases of available-for-sale marketable securities (215,878) (148,342)
Purchases of property, equipment and software (38,606) (26,380)
Investments in technology (23,280) (8,920)
Net cash used in investing activities (149,228) (26,408)
Cash flows from financing activities:    
Principal payments on long-term revolver (60,000) (60,439)
Debt issuance costs 0 (2,152)
Payments on capital lease agreements 0 (699)
Issuance of common stock, net of shares withheld for taxes 6,315 14,869
Repurchase of stock to satisfy employee tax withholding obligations (19,086) (13,043)
Repurchase and retirement of common stock (115,550) (15,439)
Net cash used in financing activities (188,321) (76,903)
Net (decrease) increase in cash and cash equivalents (124,526) 141,582
Cash and cash equivalents at beginning of period 351,166 168,793
Cash and cash equivalents at end of period $ 226,640 $ 310,375