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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 58,266 $ (400,740) $ 244,550
Adjustments required to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization 25,915 23,680 21,383
Realized loss on sale of long-lived assets 689 92 28
Change in derivative instruments, net (631) (236) (2,649)
Effect of exchange differences on intercompany balances (2)    
Foreign exchange effect of marketable securities and bank deposits (447) (4,588) (11,600)
Deferred income taxes, net 23,200 (38,413) 7,584
(Increase) decrease in trade receivables, net (6,229) 21,683 2,724
(Increase) decrease in other receivables, prepaid expenses and other (3,010) (7,235) 1,247
Increase in inventories, net (2,069) (27,219) (4,994)
(Increase) decrease in income tax receivables (2,441) (9,090) 10,890
(Decrease) Increase in trade payables (2,129) 32,308 (6,202)
(Decrease) Increase in other accounts payable and accrued expenses (263,661) 454,609 1,423
Increase (decrease) in income tax payables 512 (4,397) 5,561
Expense from amortization of marketable securities bonds, net 13,339 5,316 1,660
Net cash (used in) provided by operating activities (158,698) 45,770 271,605
Cash flows from investing activities:      
Purchase of property, plant and equipment (11,800) (16,991) (26,631)
Investment in other intangible assets (243) (161) (1,783)
Investment in short-term bank deposits, net (47,586)    
Investment in marketable securities (828,203) (1,132,501) (1,222,190)
Proceeds from marketable securities 809,119 1,217,386 952,421
(Investment in) proceeds from acquisitions, net of sale of long-lived assets (99,275) 8 21
Cash acquired from acquisition 7,407    
Net cash (used in) provided by investing activities (170,581) 67,741 (298,162)
Cash flows from financing activities:      
Repurchase of treasury stock (24,934) (24,196) (26,984)
Net cash used in financing activities (24,934) (24,196) (26,984)
Effect of exchange rate changes on cash and cash equivalents 170 2,508 (556)
(Decrease) Increase in cash and cash equivalents (354,043) 91,823 (54,097)
Cash and cash equivalents at the beginning of the period 605,177 513,354 567,451
Cash and cash equivalents at the end of the period 251,134 605,177 513,354
Cash paid during the year for:      
Income taxes 7,753 29,377 54,536
Cash received during the year for:      
Income taxes 2,351 4,093 24,331
Non-cash investing transactions:      
Purchase of property, plant and equipment included in accounts payable 1,468 2,997 1,477
Investment in intangible assets on credit   15  
Non-cash financing transactions:      
Purchase of treasury stock   782  
Purchase of marketable securities $ 3,848 $ 9,417 $ 9,159