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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Operating activities:      
Net income (loss) $ (5,138) $ 46,625 $ 48,429
Adjustments to reconcile net income to net cash provided by (used for) operating activities:      
Depreciation and amortization 48,187 45,945 41,947
Deferred income taxes and related valuation allowance (20,256) (15,285) (300)
Net loss (gain) on sale of real estate, investments and other (972) (1,431) (54)
Stock-based compensation 6,256 12,039 10,425
Amortization of deferred financing costs 2,487 2,349 1,721
Loss (gain) on hedging instruments (382) (1,366) (438)
Cost of debt repricing 0 958 0
Impairment of operating lease 3,911 0 0
Loss on disposals and impairments of fixed assets 2,533 0 175
Non-cash pension settlement expense (See Note 13) 23,634 4,984 0
Gain on sale of building (See Note 3) 0 0 (232)
Non-cash lease expense 10,105 9,735 7,867
Changes in operating assets and liabilities, net of effects of business acquisitions and divestitures:      
Trade accounts receivable 4,482 (14,428) (4,858)
Inventories (13,042) (1,314) (9,087)
Prepaid expenses and other (20,998) (8,555) 6,667
Other assets 3,498 537 (123)
Trade accounts payable 11,144 4,748 (13,964)
Accrued liabilities (250) (9,583) 9,150
Non-current liabilities (9,587) (8,760) (13,689)
Net cash provided by (used for) operating activities 45,612 67,198 83,636
Investing activities:      
Proceeds from sales of marketable securities 5,057 3,526 3,651
Purchases of marketable securities (3,676) (4,076) (4,021)
Capital expenditures (21,411) (24,813) (12,632)
Proceeds from sale of building, net of transaction costs 0 0 373
Dividend received from equity method investment 0 144 313
Proceeds from sale of fixed assets 139 0 0
Purchase of businesses, net of cash acquired (See Note 3) 0 (108,145) (1,616)
Net cash provided by (used for) investing activities (19,891) (133,364) (13,932)
Financing activities:      
Proceeds from issuance of common stock 371 1,600 713
Fees paid for debt repricing (169) (958) 0
Purchases of treasury stock (10,000) 0 (1,001)
Repayment of debt (60,670) (60,604) (40,550)
Payment to former owners of montratec (see Note 3) (6,711) 0 0
Fees paid for borrowing on long-term debt 0 (2,859) 0
Proceeds from issuance of long-term debt 0 120,000 0
Cash inflows from hedging activities 23,608 24,057 24,495
Cash outflows from hedging activities (23,134) (22,687) (24,221)
Payment of dividends (8,042) (8,044) (8,008)
Other (2,000) (2,304) (1,415)
Net cash provided by (used for) financing activities (86,747) 48,201 (49,987)
Effect of exchange rate changes on cash 583 (1,085) (1,931)
Net change in cash and cash equivalents (60,443) (19,050) 17,786
Cash, cash equivalents, and restricted cash at beginning of year 114,376 133,426 115,640
Cash, cash equivalents, and restricted cash at end of year 53,933 114,376 133,426
Supplementary cash flows data:      
Interest paid 30,054 34,983 26,089
Income taxes paid, net of refunds 20,520 28,369 22,032
Property, plant and equipment purchases included in trade accounts payable 318 690 624
Restricted cash presented in Other assets $ 250 $ 250 $ 250