v3.25.2
Unaudited condensed consolidated statements of cash flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Cash flows from operating activities:    
Net income $ 157,183 $ 124,794
Depreciation and amortization of intangible assets 5,789 941
Changes in working capital and other, net (81,648) (4,889)
Net cash provided by operating activities 81,324 120,846
Cash flows from investing activities:    
Purchases of property and equipment (11,258) (2,890)
Payment for acquisitions, net of cash acquired (86,813) (110,165)
Net cash used in investing activities (98,071) (113,055)
Cash flows from financing activities:    
Repayment of bank borrowings 0 (937)
Payment of revolver issuance costs 0 (3,715)
TRA payment (2,944) 0
Distribution to former non-controlling interest holder (3,010) (5,314)
Net cash used in financing activities (5,954) (9,966)
Net decrease in cash and cash equivalents (22,701) (2,175)
Cash and cash equivalents beginning of period 766,103 474,054
Cash and cash equivalents end of period 743,402 471,879
Non-cash investing and financing activities:    
Unpaid purchases of property and equipment 1,415 612
Right-of-use assets obtained in exchange of lease liabilities 884 11,161
Unpaid purchase of intangible assets 372 0
TRA revaluation $ 0 $ 3,761