XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 73,568 $ 69,822
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 42,844 39,110
Net provision for losses (recoveries) on advances to suppliers 6,127 2,864
Foreign currency remeasurement (gain) loss, net (1,335) 6,829
Foreign currency exchange contracts 14,600 1,980
Restructuring and impairment costs [1] 0 10,457
Restructuring payments 0 (3,787)
Change in estimated fair value of contingent consideration for FruitSmart acquisition 0 (2,532)
Other, net 18,632 1,814
Changes in operating assets and liabilities, net (338,286) (178,133)
Net cash provided (used) by operating activities (183,850) (51,576)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (39,430) (39,831)
Proceeds from sale of business, net of cash held by the business 3,245 0
Purchase of business, net of cash held by the business 0 102,462
Proceeds from sale of property, plant and equipment 1,634 12,609
Net cash used by investing activities (34,551) (129,684)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of short-term debt, net 166,109 151,413
Issuance of long-term debt 123,481 0
Repayment of long-term debt (23,481) 0
Dividends paid to noncontrolling interests (6,825) (6,733)
Repurchase of common stock (3,448) 0
Dividends paid on common stock (57,993) (57,241)
Proceeds from termination of interest rate swap agreements 11,786 0
Debt issuance and other (6,337) (3,264)
Net cash provided (used) by financing activities 203,292 84,175
Effect of exchange rate changes on cash, restricted cash and cash equivalents (1,256) (831)
Net decrease in cash, restricted cash and cash equivalents (16,365) (97,916)
Cash, restricted cash and cash equivalents at beginning of year 87,648 203,221
Cash, restricted cash and cash equivalents at end of period 71,283 105,305
Supplemental Cash Flow Information [Abstract]    
Cash and cash equivalents 71,283 99,305
Restricted cash (Other noncurrent assets) 0 6,000
Total cash, restricted cash and cash equivalents $ 71,283 $ 105,305
[1] Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income. See Note 4 for additional information.