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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net earnings $ 37,697 $ 27,339
Less: Earnings from discontinued operations, net of tax 10,569 3,146
Net earnings from continuing operations 27,128 24,193
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities of continuing operations:    
Depreciation and amortization 7,411 5,208
Provision for credit losses 596 65
Share-based compensation expense 3,440 2,791
Loss on disposal of property, equipment, and operating lease equipment 45 46
Changes in:    
Accounts receivable (181,382) 67,705
Inventories 19,803 50,555
Deferred costs and other assets 8,958 (6,543)
Accounts payable—trade (4,844) (40,915)
Salaries and commissions payable, deferred revenue, and other liabilities 12,842 7,040
Net cash provided by (used in) operating activities of continuing operations (106,003) 110,145
Net cash provided by (used in) operating activities of discontinued operations 7,036 (13,018)
Net cash provided by (used in) operating activities (98,967) 97,127
Cash flows from investing activities:    
Proceeds from sale of property, equipment, and operating lease equipment 11 0
Purchases of property, equipment, and operating lease equipment (835) (635)
Net cash used in investing activities of continuing operations (824) (635)
Net cash provided by (used in) investing activities of discontinued operations 156,681 (1,271)
Net cash provided by (used in) investing activities 155,857 (1,906)
Cash flows from financing activities:    
Proceeds from issuance of common stock 1,757 1,811
Repurchase of common stock (3,304) (11,569)
Payments to settle liabilities for acquisitions 0 (2,307)
Net borrowings on floor plan facility 39,888 14,407
Net cash provided by financing activities of continuing operations 38,341 2,342
Net cash used in financing activities of discontinued operations (6,417) (730)
Net cash provided by financing activities 31,924 1,612
Effect of exchange rate changes on cash 1,989 55
Net increase in cash and cash equivalents 90,803 96,888
Cash and cash equivalents, beginning of period 389,375 253,021
Cash and cash equivalents, end of period 480,178 349,909
Supplemental disclosures of cash flow information:    
Cash paid for interest 68 69
Cash paid for income taxes 3,128 10,130
Cash paid for amounts included in the measurement of lease liabilities 1,550 1,269
Schedule of non-cash investing and financing activities:    
Purchases of property, equipment, and operating lease equipment (344) (269)
Vesting of share-based compensation 9,369 10,636
Repurchase of common stock 0 (366)
New operating lease assets obtained in exchange for lease obligations $ 0 $ 395