XML 17 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2018
Jun. 24, 2017
Cash flows from operating activities:    
Net income $ 20,644 $ 17,585
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 13,227 11,839
Loss (gain) on disposal of assets 397 (121)
Stock-based compensation expense 1,084 488
Net change in deferred income taxes 2,082 2,190
Change in operating assets and liabilities (excluding acquisitions):    
Trade receivables (3,562) (896)
Inventories 2,275 (3,300)
Other current assets (1,465) (2,398)
Other non-current assets 887 997
Trade payables 6,115 12,113
Accrued expenses 5,756 (5,149)
Federal and state income taxes payable 3,457 7,910
Other long-term liabilities (924) (45)
Long-term income taxes payable 198 228
Total adjustments 29,527 23,856
Net cash provided by operating activities 50,171 41,441
Cash flows from investing activities:    
Capital expenditures (11,440) (6,736)
Acquisitions, net of cash acquired (27,518) (3,971)
Proceeds from the disposal of assets 303 93
Net cash used for investing activities (38,655) (10,614)
Cash flows from financing activities:    
Proceeds from borrowings 108,668 80,310
Principal payments on long-term debt, capital leases and financing obligations (103,535) (108,250)
Exercise of stock options 778 653
Dividends paid (6,674) (5,982)
Net cash used for financing activities (763) (33,269)
Increase (decrease) in cash 10,753 (2,442)
Cash at beginning of period 1,909 8,995
Cash at end of year $ 12,662 $ 6,553