XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 26, 2020
Dec. 28, 2019
Cash Flows from Operating Activities:    
Net Earnings From Continuing Operations $ 111,271 $ 30,166
Net Earnings From Discontinued Operations (Net of Tax) 0 955
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operations:    
Depreciation & Amortization 24,302 22,644
Gain on the Sale of Assets (35,976) (9,049)
Provision for Restructuring and Impairment 169 5,573
Loss From Equity Investment 752 0
Deferred Income Tax Benefit 12,871 3,283
Changes in Operating Assets and Liabilities:    
Accounts Receivable 20,766 (2,538)
Inventories 704 8,619
Other Current Assets 4,658 (3,197)
Income Taxes 8,624 6,763
Accounts Payable, Accrued Expenses and Other (45,051) 26,805
Net Cash Provided by Operations 103,090 90,024
Cash Flows from Investing Activities:    
Additions to Property, Plant and Equipment (40,167) (47,681)
Proceeds from the Sale of Assets 72,782 22,175
Net Cash Provided By/(Used In) Investing Activities 32,615 (25,506)
Cash Flows from Financing Activities:    
Long-Term Borrowing 468,181 401,053
Payments on Long-Term Debt (587,185) (439,803)
Other Assets (6,407) (7,125)
Payments on Financing Leases (4,681) (4,799)
Purchase of Treasury Stock (2,154) (11,454)
Dividends (12) (12)
Net Cash Used In Financing Activities (132,258) (62,140)
Net Increase in Cash and Cash Equivalents 3,447 2,378
Cash and Cash Equivalents, Beginning of the Period 10,702 11,480
Cash and Cash Equivalents, End of the Period 14,149 13,858
Noncash Transactions:    
Property, Plant and Equipment Purchased Under Lease Obligations $ 5,214 $ 9,782