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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Mar. 28, 2020
Operating activities      
Net income $ 61,568 $ 34,319 $ 58,024
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 81,169 77,304 64,986
Share-based compensation expense 4,330 2,391 3,813
Gain on disposal of assets (932) (491) (257)
Impairment of long-lived assets 759 144 6,579
Deferred income tax expense 14,019 10,854 11,473
Change in operating assets and liabilities (excluding acquisitions)      
Accounts receivable 527 (814) 107
Inventories (2,390) 26,570 (11,841)
Other current assets (6,679) (7,406) 5,379
Other non-current assets 31,115 33,303 24,968
Accounts payable 19,611 12,874 (4,090)
Accrued expenses (3,984) 21,355 (3,871)
Federal and state income taxes payable 13,765 (2,788) (2,470)
Other long-term liabilities (38,674) (22,326) (31,100)
Long-term income taxes payable (445) (384) (371)
Cash provided by operating activities 173,759 184,905 121,329
Investing activities      
Capital expenditures (27,830) (51,725) (55,918)
Acquisitions, net of cash acquired (83,333) (17,154) (104,436)
Proceeds from the disposal of assets 1,240 659 967
Other 122 1,960 576
Cash used for investing activities (109,801) (66,260) (158,811)
Financing activities      
Proceeds from borrowings 166,276   814,181
Principal payments on long-term debt, finance leases and financing obligations (219,219) (409,783) (412,725)
Exercise of stock options 2,144 6,278 6,171
Dividends paid (34,674) (29,782) (29,715)
Deferred financing costs (497) (874) (1,168)
Cash (used for) provided by financing activities (85,970) (434,161) 376,744
(Decrease) increase in cash and equivalents (22,012) (315,516) 339,262
Cash and equivalents at beginning of period 29,960 345,476 6,214
Cash and equivalents at end of period 7,948 29,960 345,476
Supplemental information      
Interest paid, net 24,312 26,376 27,250
Income taxes paid, net of (refund) (11,611) 2,334 12,745
Leased assets obtained in exchange for new finance lease liabilities 8,833 104,165 64,393
Leased assets obtained in exchange for new operating lease liabilities $ 12,401 $ 24,409 $ 6,980