Supplemental Disclosure of Cash Flow Information

12 Months Ended

Mar. 26, 2016

Supplemental Disclosure of Cash Flow Information [Abstract]

Supplemental Disclosure of Cash Flow Information

NOTE 14 – SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

The following transactions represent non-cash investing and financing activities during the periods indicated:

Year ended March 26, 2016

In connection with the fiscal 2016 acquisitions and fiscal 2015 acquisition measurement period adjustments (see Note 2), liabilities were assumed as follows:

Fair value of assets acquired	$	35,335,000
Goodwill		50,573,000
Cash paid, net of cash acquired		(49,018,000)
Amounts payable to seller		(1,626,000)
Liabilities assumed	$	35,264,000

In connection with the accounting for capital leases and financing obligations, we increased both property, plant and equipment and capital leases and financing obligations by $13,265,000.

Year ended March 28, 2015

In connection with the fiscal 2015 acquisitions (see Note 2), liabilities were assumed as follows:

Fair value of assets acquired	$	62,184,000
Goodwill		79,316,000
Gain on bargain purchase		(386,000)
Cash paid, net of cash acquired		(84,403,000)
Amounts payable to seller		(3,507,000)
Liabilities assumed	$	53,204,000

In connection with the accounting for capital leases and financing obligations, we increased both property, plant and equipment and capital leases and financing obligations by $11,599,000.

Year ended March 29, 2014

In connection with the fiscal 2014 acquisitions, liabilities were assumed as follows:

Fair value of assets acquired	$	14,330,000
Goodwill		17,673,000
Gain on bargain purchase		(217,000)
Cash paid, net of cash acquired		(27,482,000)
Liabilities assumed	$	4,304,000

	Year Ended Fiscal March
	2016		2015		2014
	(Dollars in thousands)
Cash paid during the year:
Interest, net	$	15,687	$	11,119	$	9,099
Income taxes, net	$	25,322	$	26,141	$	25,849