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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating Activities    
Net income $ 85,971 $ 54,488
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,478 11,967
Gain on sale of asset 0 1,133
Deferred income taxes 31,591 19,517
Amortization of debt origination costs 5,433 5,904
Stock-based compensation costs 7,098 4,919
Loss on extinguishment of debt 451 0
Lease termination costs 0 1,125
(Gain) loss on sale or disposal of property and equipment (36) 321
Changes in operating assets and liabilities, net of effects from acquisitions    
Accounts receivable 2,453 2,113
Inventories (7,114) 14,478
Prepaid expenses and other current assets 5,472 7,598
Accounts payable (17,553) (25,452)
Accrued liabilities 5,207 8,297
Net cash provided by operating activities 136,451 104,142
Investing Activities    
Purchases of property and equipment (2,540) (3,700)
Proceeds from the sale of property and equipment 344 0
Proceeds from sale of business 0 18,500
Proceeds from sale of asset 0 10,000
Proceeds from Insight Pharmaceuticals working capital arbitration settlement 7,237 0
Net cash provided by (used in) investing activities 5,041 (802,857)
Financing Activities    
Term loan borrowings 0 720,000
Term loan repayments (50,000) (80,000)
Borrowings under revolving credit agreement 15,000 124,600
Repayments under revolving credit agreement (81,100) (58,500)
Payments of debt origination costs (4,211) (16,072)
Proceeds from exercise of stock options 6,600 3,654
Proceeds from restricted stock exercises 544 57
Excess tax benefits from share-based awards 1,850 1,030
Fair value of shares surrendered as payment of tax withholding (2,187) (1,688)
Net cash (used in) provided by financing activities (113,504) 693,081
Effects of exchange rate changes on cash and cash equivalents (333) (746)
Increase (decrease) in cash and cash equivalents 27,655 (6,380)
Cash and cash equivalents - beginning of period 21,318 28,331
Cash and cash equivalents - end of period 48,973 21,951
Interest paid 58,867 49,435
Income taxes paid 9,014 7,135
Insight Pharmaceuticals    
Investing Activities    
Acquisition of the Hydralyte brand 0 (749,666)
Hydralyte    
Investing Activities    
Acquisition of the Hydralyte brand $ 0 $ (77,991)