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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Cash flows from operating activities:    
Net income $ 61,800 $ 62,936
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 47,329 41,035
Gain on disposal of assets (840) (314)
Stock-based compensation expense 2,855 3,150
Net change in deferred income taxes 7,426 10,707
Change in operating assets and liabilities (excluding acquisitions):    
Trade receivables (2,356) (1,777)
Inventories (3,768) 2,225
Other current assets (447) 772
Other non-current assets 18,097 1
Trade payables 11,918 10,598
Accrued expenses 1,097 1,596
Federal and state income taxes payable 3,934 (1,091)
Other long-term liabilities (22,954) (1,767)
Long-term income taxes payable 572 536
Total adjustments 62,863 65,671
Net cash provided by operating activities 124,663 128,607
Cash flows from investing activities:    
Capital expenditures (42,226) (30,763)
Acquisitions, net of cash acquired (104,254) (46,052)
Proceeds from the disposal of assets 426 492
Other 587 281
Net cash used for investing activities (145,467) (76,042)
Cash flows from financing activities:    
Proceeds from borrowings 356,779 313,875
Principal payments on long-term debt, finance leases and financing obligations (317,039) (356,834)
Exercise of stock options 5,957 12,148
Dividends paid (22,281) (20,084)
Net cash provided by (used for) financing activities 23,416 (50,895)
Increase in cash 2,612 1,670
Cash at beginning of period 6,214 1,909
Cash at end of period $ 8,826 $ 3,579