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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net (loss) income $ (227,451) $ 33,651
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 16,694 17,827
Deferred income taxes 2,191 1,729
Loss on disposal of assets and costs from exit and disposal activities 707 1,104
ESOP and stock-based compensation 7,425 5,580
ESOP special dividend compensation 246,752  
Amortization of deferred financing charges 174 191
Fair market value adjustments to derivatives 1,789 (625)
Equity in net (income) loss of unconsolidated affiliates (434) 133
Other operating activities (2,880) (1,030)
Changes in working capital:    
Receivables (44,494) (54,910)
Inventories 34,803 1,040
Prepaid expenses and other current assets (3,089) (3,665)
Accounts payable, accrued expenses, and other liabilities 30,653 8,806
Net cash provided by operating activities 62,840 9,831
Cash Flows from Investing Activities    
Capital expenditures (9,723) (6,874)
Other investing activities (13) (109)
Net cash used in investing activities (9,736) (6,983)
Cash Flows from Financing Activities    
Proceeds from Revolving Credit Facility 137,400 101,400
Payments on Revolving Credit Facility (115,600) (93,700)
Payments of notes, mortgages and other debt   (230)
Payments on finance lease obligations (6,047) (5,885)
Cash dividends paid (69,641) (6,141)
Proceeds from exercise of stock options 1,513 3,215
Other financing activities (258) (257)
Net cash used in financing activities (52,633) (1,598)
Effect of exchange rate changes on cash (5) (443)
Net change in cash 466 807
Cash at beginning of period 8,891 17,587
Cash at end of period 9,357 18,394
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for income taxes 535 952
Cash paid for interest 3,920 4,000
Non-cash operating, investing and financing activities:    
Acquisition of property, plant and equipment under finance lease and incurred lease obligations 296 3,171
Balance in accounts payable for the acquisition of property, plant and equipment $ 4,364 $ 1,851