XML 25 R6.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Mar. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (57,331) $ (827,182) $ (135,561)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 164,867 230,262 201,369
Amortization of debt issuance costs 6,427 5,402 4,593
Stock-based compensation 42,644 57,095 41,934
impairment of goodwill and long-lived assets 0 663,329 0
Deferred income taxes (21,174) (97,031) (49,932)
Provision for excess and obsolete inventories 13,527 24,115 7,386
Restructuring and other related charges 48,704 54,177 32,694
Cash payments for restructuring charges (33,764) (37,269) (29,463)
Other operating activities 4,751 6,580 9,640
Changes in assets and liabilities, net of acquisition:      
Accounts receivable (24,253) 33,499 (10,307)
Inventory (41,994) (6,709) (7,182)
Current and other assets (26,126) 31,720 30,747
Accounts payable 46,453 (31,768) 3,658
Accrued liabilities 38,206 (49,275) 61,593
Income taxes (15,757) 21,074 (45,122)
Net cash provided by operating activities 145,180 78,019 116,047
Cash flows from investing activities      
Proceeds from sales of investments 2,529 2,173 131,300
Proceeds from maturities of investments 0 0 131,017
Purchase of investments (591) (1,067) (822)
Acquisition, net of cash acquired 0 0 (1,642,241)
Capital expenditures (22,715) (22,880) (26,797)
Proceeds from sale of property, plant, and equipment 1,900 4,692 0
Net cash used in investing activities (18,877) (17,082) (1,407,543)
Cash flows from financing activities      
Repurchase of common stock 0 0 (13,177)
Employees' tax withheld and paid for restricted stock and restricted stock units (5,930) (9,891) (14,070)
Proceeds from issuances under stock-based compensation plans 12,307 12,486 15,730
Payment of cash dividends 0 (23,970) (22,880)
Proceeds from revolving line of credit 50,000 0 0
Repayments of revolving line of credit (50,000) 0 0
Repayments of long-term debt (146,980) (25,000) (103,188)
Proceeds from debt issuance, net of issuance costs 493,922 0 1,244,713
Net cash provided by (used in) financing activities 353,319 (46,375) 1,107,128
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 2,967 (3,192) (3,784)
Net increase (decrease) in cash, cash equivalents, and restricted cash 482,589 11,370 (188,152)
Cash, cash equivalents, and restricted cash at beginning of year 213,879 202,509 390,661
Cash, cash equivalents, and restricted cash at end of year 696,468 213,879 202,509
Supplemental disclosures (in thousands)      
Cash paid for income taxes 25,561 3,550 44,917
Cash paid for interest $ 77,785 $ 82,059 $ 75,684