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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities:    
Net earnings $ 27,446 $ 24,493
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 5,832 8,503
Reserve for credit losses, inventory obsolescence and sales returns 849 (123)
Share-based compensation expense 2,903 2,711
Payments from lessees directly to lenders-operating leases (1,521) (2,560)
Gain on disposal of property, equipment and operating lease equipment (1,853) (517)
Gain on sale of financing receivables (3,110) (3,991)
Other 427 6
Changes in:    
Accounts receivable - trade (58,276) (40,015)
Accounts receivable - other (3,517) (2,270)
Inventories (47,323) 538
Financing receivables - net 4,255 (1,171)
Deferred costs, other intangible assets and other assets 2,867 11,035
Accounts payable 14,804 (7,184)
Salaries and commissions payable, deferred revenue and other liabilities 12,411 (10,964)
Net cash used in operating activities (43,806) (21,509)
Cash Flows From Investing Activities:    
Proceeds from sale of property, equipment and operating lease equipment 3,588 3,199
Purchases of property, equipment and operating lease equipment (3,169) (15,618)
Purchases of assets to be leased or financed (4,506) (9,363)
Issuance of financing receivables (63,961) (67,623)
Repayments of financing receivables 24,726 35,460
Proceeds from sale of financing receivables 24,674 26,021
Net cash used in investing activities (18,648) (27,924)
Cash Flows From Financing Activities:    
Borrowings of non-recourse and recourse notes payable 22,940 11,239
Repayments of non-recourse and recourse notes payable (5,320) (186)
Repurchase of common stock (30,492) (2,475)
Dividends paid 0 (80)
Net borrowings (repayments) on floor plan facility 28,202 27,635
Net cash provided by financing activities 15,330 36,133
Effect of exchange rate changes on cash 393 (33)
Net Increase (Decrease) in Cash and Cash Equivalents (46,731) (13,333)
Cash and Cash Equivalents, Beginning of Period 94,766 76,175
Cash and Cash Equivalents, End of Period 48,035 62,842
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 31 50
Cash paid for income taxes 10,282 13,901
Investing Activities    
Proceeds from sale of property, equipment, and operating lease equipment 567 6,726
Purchase of property, equipment, and operating lease equipment (2,332) (8,181)
Purchase of assets to be leased or financed (6,944) (5,615)
Issuance of financing receivables (86,128) (76,876)
Repayment of financing receivables 12,439 8,671
Proceeds from sale of financing receivables 75,739 58,520
Financing Activities    
Borrowing of non-recourse and recourse notes payable 23,010 31,715
Repayments of non-recourse and recourse notes payable (15,305) (16,462)
Vesting of share-based compensation $ 7,940 $ 7,687