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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:      
Net income $ 456,666 $ 541,271 $ 484,834
Adjustments required to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 14,829 14,848 15,798
Impairment of long-lived assets 276 2,042 90
Accrued severance pay and other long-term liabilities, net 273 (53) 54
(Gain) loss on sale of long-lived assets (8,369) 42 22
Realized (gain) loss on sale of marketable securities (20) 32 (231)
Change in derivative instruments, net 1,434 (6,137) 5,483
Effect of exchange differences on intercompany balances (6,017) (2,268) (18,167)
Foreign exchange effect of bank deposits (15,157) (5,510)  
Decrease in long-term debt due to currency fluctuations     (1,030)
Deferred income taxes, net 73,706 (11,976) (70,387)
Decrease (increase) in trade receivables, net 34,413 (16,386) (85,277)
Increase in other receivables, prepaid expenses and other (5,034) (3,509) (3,506)
Increase in inventories, net (3,770) (19,013) (7,027)
Decrease (increase) in other long-term assets 205 (9) 242
(Increase) decrease in income tax receivables (70,390) (39,340) 17,623
Decrease in trade payables (2,290) (679) (542)
(Decrease) increase in other accounts payable and accrued expenses (28,377) (6,194) 18,731
(Decrease) increase in income tax payables (4,843) (52,033) 50,078
Net cash provided by operating activities 437,535 395,128 406,788
Cash flows from investing activities:      
Purchase of property, plant and equipment (35,755) (18,972) (19,997)
Investment in other intangible assets (68) (134) (158)
Proceeds from (investment in) other assets 10 35,000 (31,050)
Proceeds from (investment in) short-term bank deposits, net 196,170 (220,102) (43,344)
Proceeds from restricted bank deposits   199 28
(Investment in) proceeds from long-term deposits and other assets (286,617) (80,587) 2,112
(Investment in) proceeds from marketable securities, net (26) (135) 111
Proceeds from sale of long-lived assets 8,508   217
Net cash used in investing activities (117,778) (284,731) (92,081)
Cash flows from financing activities:      
Proceeds from issuance of shares, net     26
Repurchase of treasury stock (294,897) (9,450)  
Repayment of long-term debt   (5,888) (10,944)
Net cash used in financing activities (294,897) (15,338) (10,918)
Effect of exchange rate changes on cash and cash equivalents (1,218) 57 (32,115)
Increase in cash and cash equivalents 23,642 95,116 271,674
Cash and cash equivalents at the beginning of the period 576,757 481,641 209,967
Cash and cash equivalents at the end of the period 600,399 576,757 481,641
Cash paid during the year for:      
Interest   85 1,014
Income taxes 97,782 192,964 101,651
Non-cash investing and financing transactions:      
Purchase of property, plant and equipment included in accounts payable $ 692 $ 1,744 $ 645