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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating Activities    
Net Income (Loss) Attributable to Parent $ 46,943 $ (122,155)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 104,112 114,349
Amortization of acquired contract liabilities (56,153) (48,769)
(Gain) Loss on Disposition of Business 55,190 17,837
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 14,373 0
Other amortization included in interest expense 9,114 6,811
Provision for doubtful accounts receivable 632 622
Provision for deferred income taxes 8,108 0
Employee stock-based compensation 8,245 8,509
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions of businesses:    
Trade and other receivables 72,278 8,669
Contract assets 53,047 6,240
Inventories (67,764) (61,563)
Prepaid expenses and other current assets 11,315 1,615
Accounts payable, accrued expenses and other current liabilities (143,718) (72,639)
Accrued pension and other postretirement benefits (46,693) (55,150)
Other (995) 2,508
Net cash (used in) provided by operating activities 39,288 (193,116)
Investing Activities    
Capital expenditures (27,250) (34,824)
Payments for (Proceeds from) Businesses and Interests in Affiliates (49,956) (41,417)
Net cash used in investing activities 22,706 6,593
Financing Activities    
Net increase in revolving credit facility (215,000) 218,066
Proceeds from issuance of long-term debt and capital leases 570,980 45,000
Repayment of debt and capital lease obligations (433,197) (73,011)
Payment of deferred financing costs (17,545) (1,941)
Dividends paid (6,005) (5,975)
Repurchase of restricted shares for minimum tax obligation (1,179) (645)
Net cash (used in) provided by financing activities (101,946) 181,494
Effect of exchange rate changes on cash 739 (2,126)
Net change in cash and cash equivalents (39,213) (7,155)
Cash at beginning of period 92,807 35,819
Cash at end of period $ 53,594 $ 28,664