v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 26, 2026
Sep. 27, 2025
Cash flows from operating activities:    
Net earnings $ 48,737 $ 44,624
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization [1] 21,492 22,497
Non-cash lease expense 2,614 1,948
LIFO charge (credit) 4,164 (19,472)
Deferred income taxes 647 5,831
Gain on the sale of assets (53) (178)
Stock-based compensation expense 223 114
Pension benefit (3,633) (1,167)
Changes in operating assets and liabilities:    
Accounts receivable (7,850) (27,182)
Inventories (186,168) (163,097)
Other assets 754 (5,159)
Accounts payable 180,019 200,473
Accrued expenses and other 16,863 22,557
Income taxes 3,324 1,252
Net cash provided by operating activities 81,133 83,041
Cash flows from investing activities:    
Additions to property, plant and equipment (34,702) (18,836)
Receipt of acquisition contingent consideration 1,742 0
Additions to non-current deposits for right-of-use assets (188) 0
Proceeds from the sale of assets 135 261
Net cash used in investing activities (33,013) (18,575)
Cash flows from financing activities:    
Borrowings under revolving credit facility 98,085 48,227
Repayments under revolving credit facility (72,092) (48,227)
Payments on term loans and finance obligation (108,873) (89,799)
Payments on finance leases (1,357) (2,054)
Purchase of treasury stock (3,009) (4,857)
Purchase of stock held by Stock Employee Compensation Trust (44) 0
Preferred stock dividends (12) (12)
Net cash used in financing activities (87,302) (96,722)
Net decrease in cash and cash equivalents (39,182) (32,256)
Cash and cash equivalents, beginning of the period 49,919 50,390
Cash and cash equivalents, end of the period 10,737 18,134
Supplemental disclosures of cash flow information:    
Cash paid for interest, net of capitalized interest 6,019 10,956
Cash paid for income taxes, net 11,999 7,268
Right-of-use assets obtained in exchange for lease obligations 1,176 2,116
Right-of-use assets derecognized upon early lease termination 97 76
Assets acquired from exercise of finance lease purchase options, net of accumulated depreciation 331 0
Property, plant and equipment purchased on account $ 795 $ 834
[1] Depreciation and amortization are required to be disclosed as both amounts are included in the reported measure of earnings (loss) before income taxes. The amounts are not considered to be significant segment expenses and therefore are shown separately as an additional segment disclosure. Depreciation and amortization are included within the line items for cost of products sold and general and administrative expense.