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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jan. 01, 2022
Dec. 26, 2020
Cash flows from operating activities    
Net (loss) income $ 48,810 $ (68,307)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities    
Depreciation and amortization 112,796 124,881
Amortization of debt issuance costs 5,046 3,962
Stock-based compensation 34,214 31,104
Deferred income taxes (115,660) (15,373)
Provision for excess and obsolete inventories 8,160 12,767
Restructuring and other related charges 33,977 49,477
Cash payments for restructuring charges (27,515) (28,794)
Other operating activities (1,526) (6,000)
Changes in assets and liabilities    
Accounts receivable, net (8,569) (71,439)
Inventory, net (24,699) (39,941)
Current and other assets (9,129) (15,246)
Accounts payable 9,170 62,454
Accrued liabilities (45,502) 47,529
Income taxes (19,625) (15,925)
Net cash (used in) provided by operating activities (52) 71,149
Cash flows from investing activities    
Proceeds from sales of short-term investments 264 667
Purchases of short-term investments (760) (394)
Capital expenditures (20,682) (16,753)
Proceeds from sale of property, plant, and equipment 0 1,900
Other investing activities (4,000) 0
Net cash used in investing activities (25,178) (14,580)
Cash flows from financing activities    
Employees' tax withheld and paid for restricted stock and restricted stock units (12,154) (3,193)
Proceeds from issuances under stock-based compensation plans 5,841 5,731
Proceeds from revolving line of credit 0 50,000
Repayments of revolving line of credit 0 (50,000)
Repayments of long-term debt (480,689) (46,980)
Net cash used in financing activities (487,002) (44,442)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1,536) 4,059
Net (decrease) increase in cash and cash equivalents and restricted cash (513,768) 16,186
Cash and cash equivalents and restricted cash at beginning of period 696,468 213,879
Cash and cash equivalents and restricted cash at end of period 182,700 230,065
Cash and cash equivalents 182,700  
Restricted cash 0  
Total cash and cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows $ 182,700 $ 230,065