XML 37 R8.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Mar. 31, 2018
Cash flows from operating activities:      
Net income $ 58,024,000 $ 79,752,000 $ 63,935,000
Adjustments to reconcile net income to net cash provided by operating activities -      
Depreciation and amortization 64,986,000 55,531,000 49,335,000
Stock-based compensation expense 3,813,000 4,022,000 2,858,000
Impairment of long-lived assets 6,579,000 0 0
Net change in deferred income taxes 11,473,000 12,517,000 15,485,000
Gain on bargain purchase     (13,000)
(Gain) loss on disposal of assets (257,000) 56,000 (1,198,000)
Change in operating assets and liabilities (excluding acquisitions)      
Trade receivables 107,000 (1,361,000) (88,000)
Inventories (11,841,000) (9,126,000) (8,399,000)
Other current assets 5,379,000 (514,000) (4,076,000)
Other non-current assets 24,968,000 (427,000) 1,863,000
Trade payables (4,090,000) 19,037,000 5,151,000
Accrued expenses (3,871,000) (3,019,000) (1,582,000)
Federal and state income taxes receivable (2,470,000) (1,401,000) (658,000)
Other long-term liabilities (31,100,000) (1,967,000) (930,000)
Long-term income taxes payable (371,000) (209,000) (448,000)
Total adjustments 63,305,000 73,139,000 57,300,000
Net cash provided by operating activities 121,329,000 152,891,000 121,235,000
Cash flows from investing activities:      
Capital expenditures (55,918,000) (44,468,000) (39,122,000)
Acquisitions, net of cash acquired (104,436,000) (62,427,000) (23,439,000)
Proceeds from the disposal of assets 967,000 723,000 4,071,000
Other 576,000 289,000  
Net cash used for investing activities (158,811,000) (105,883,000) (58,490,000)
Cash flows from financing activities:      
Proceeds from borrowings 814,181,000 433,460,000 344,843,000
Principal payments on long-term debt, capital leases and financing obligations (412,725,000) (463,989,000) (395,521,000)
Exercise of stock options 6,171,000 14,640,000 4,816,000
Dividends paid (29,715,000) (26,814,000) (23,969,000)
Deferred financing costs (1,168,000)    
Net cash provided by (used for) financing activities 376,744,000 (42,703,000) (69,831,000)
Increase (decrease) in cash 339,262,000 4,305,000 (7,086,000)
Cash at beginning of year 6,214,000 1,909,000 8,995,000
Cash at end of year 345,476,000 6,214,000 1,909,000
Supplemental information:      
Interest paid, net 27,250,000 25,422,000 22,808,000
Income taxes 12,745,000 9,680,000 25,214,000
Leased assets obtained in exchange for new finance lease liabilities 64,393,000 $ 14,632,000 $ 19,175,000
Leased assets obtained in exchange for new operating lease liabilities $ 6,980,000