v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash flows from operating activities    
Net income $ 70,112 $ 53,408
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 22,254 17,518
Stock-based compensation 4,512 3,676
Amortization of intangible assets 0 0
Noncash lease expense 22,302 17,926
Amortization of debt issuance fees 27 27
Loss on disposal of assets 752 299
Deferred taxes 2,253 (733)
Changes in operating assets and liabilities:    
Accounts receivable, net (14,064) 1,751
Inventories (55,403) (26,869)
Prepaid expenses and other current assets 8,261 5,874
Other assets (2,096) (396)
Accounts payable 36,346 10,144
Accrued expenses and other current liabilities 5,519 (3,618)
Other liabilities 1,438 766
Operating leases (18,370) (5,923)
Net cash provided by operating activities 83,843 73,850
Cash flows from investing activities    
Purchases of property and equipment (51,089) (31,462)
Net cash used in investing activities (51,089) (31,462)
Cash flows from financing activities    
Repayments on finance lease obligations (248) (229)
Repurchases of common stock (25,003) (12,502)
Tax withholding payments for net share settlement (9,469) (4,195)
Proceeds from the exercise of stock options 192 87
Net cash used in financing activities (34,528) (16,839)
Net increase in cash and cash equivalents (1,774) 25,549
Cash and cash equivalents, beginning of period 141,036 69,770
Cash and cash equivalents, end of period 139,262 95,319
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 909 592
Cash paid for interest 316 312
Supplemental disclosure of non-cash activities:    
Unpaid purchases of property and equipment $ 18,706 $ 17,973