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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Cash flows from operating activities:    
Net earnings $ 42,288 $ 44,454
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation & amortization 30,344 27,048
Gain on the sale of assets (2,191) (1,635)
Provision for restructuring 1,937 3
Loss from equity investment 0 7,775
Deferred income taxes 1,418 4,055
Changes in operating assets and liabilities:    
Accounts receivable 24,722 11,893
Inventories (370,126) (138,834)
Other current assets 910 (4,786)
Income taxes 7,873 (5,703)
Accounts payable, accrued expenses and other 73,345 44,645
Net cash used by operating activities (189,480) (11,085)
Cash flows from investing activities:    
Additions to property, plant and equipment (56,509) (36,437)
Proceeds from the sale of assets 5,013 4,773
Net cash used by investing activities (51,496) (31,664)
Cash flows from financing activities:    
Long-term borrowing 783,346 278,106
Payments on long-term debt (493,022) (248,383)
Other assets 0 (2,206)
Payments on financing leases (6,515) (5,803)
Purchase of treasury stock (41,209) (27,779)
Dividends (12) (12)
Net cash provided (used) by financing activities 242,588 (6,077)
Net increase (decrease) in cash and cash equivalents 1,612 (48,826)
Cash and cash equivalents, beginning of the period 10,904 59,837
Cash and cash equivalents, end of the period 12,516 11,011
Supplemental disclosures of cash flow information:    
Right-of-use assets obtained in exchange for lease obligations 8,237 20,259
Right-of-use assets derecognized upon early lease termination 2,874 1,546
Property, plant and equipment purchased on account 970 2,229
Sale of property, plant and equipment in exchange for note receivable $ 750 $ 0