v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities    
Net income $ 53,408 $ 38,909
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 17,518 14,268
Stock-based compensation 3,676 5,764
Amortization of intangible assets 0 12
Noncash lease expense 17,926 15,908
Amortization of debt issuance fees 27 27
Loss on disposal of assets 299 55
Deferred taxes (733) 78
Changes in operating assets and liabilities:    
Accounts receivable, net 1,751 2,059
Inventories (26,869) (27,988)
Prepaid expenses and other current assets 5,874 6,909
Other assets (396) (251)
Accounts payable 10,144 1,848
Accrued expenses and other current liabilities (3,618) (6,108)
Other liabilities 766 231
Operating leases (5,923) (10,410)
Net cash provided by operating activities 73,850 41,311
Cash flows from investing activities    
Purchases of property and equipment (31,462) (27,066)
Net cash used in investing activities (31,462) (27,066)
Cash flows from financing activities    
Repayments on finance lease obligations (229) (211)
Repurchases of common stock (12,502)  
Tax withholding payments for net share settlement (4,195) (7,445)
Proceeds from the exercise of stock options 87 951
Net cash (used in)/provided by financing activities (16,839) (6,705)
Net (decrease)/increase in cash and cash equivalents 25,549 7,540
Cash and cash equivalents, beginning of period 69,770 75,847
Cash and cash equivalents, end of period 95,319 83,387
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 592 584
Cash paid for interest 312 322
Supplemental disclosure of non-cash activities:    
Unpaid purchases of property and equipment $ 17,973 $ 23,197