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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:      
Net income $ 114,394 $ 5,710 $ 122,265
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 48,572 52,628 50,024
Change in fair value of contingent consideration 0 0 (4,411)
Bad debt expense 4,168 2,847 5,120
Deferred tax expense (benefit) 8,138 (24,495) 8,167
Stock-based compensation 14,302 6,175 6,622
Excess tax benefits from stock compensation 1,945 100 471
Loss (gain) on sale of assets 387 538 (1,338)
Impairment of goodwill 0 113,944 0
Impairment of intangible and other long-lived assets 2,417 13,222 9,773
Restructuring charges 1,667 28,984 24,673
Changes in operating assets and liabilities:      
Trade accounts receivable, net 10,770 (1,336) (23,545)
Inventories, net (751) 1,060 (61,492)
Prepaid expenses and other current assets 11,124 7,975 (3,681)
Income tax receivable 26,999 (1,331) (8,286)
Other assets (1,714) 2,257 (3,082)
Trade accounts payable (2,184) (7,825) 14,775
Contingent consideration 0 0 (819)
Accrued expenses 28,627 (403) (16,221)
Income taxes payable (3,638) (3,743) (397)
Long-term liabilities 62,128 3,023 7,195
Net cash provided by operating activities 327,351 199,330 125,813
Cash flows from investing activities:      
Purchases of property and equipment, net (34,813) (44,499) (66,186)
Proceeds from sales of property and equipment, net 116 0 830
Purchases of tangible, intangible, and other assets, net 0 0 (4,700)
Proceeds from sale of net assets 0 0 2,835
Net cash used in investing activities (34,697) (44,499) (67,221)
Cash flows from financing activities:      
Proceeds from short-term borrowings 214,751 405,988 449,200
Repayments of short-term borrowings (214,889) (468,938) (387,120)
Proceeds on issuance of stock for employee stock purchase plan 765 798 0
Cash paid for shares withheld for taxes (8,105) (8,452) (3,691)
Cash paid for repurchases of common stock (149,687) (12,572) (94,200)
Contingent consideration paid 0 (20,058) (445)
Loan origination costs on short-term borrowings 0 0 (62)
Repayment of mortgage principal (550) (523) (493)
Net cash used in financing activities (157,715) (103,757) (36,811)
Effect of foreign currency exchange rates on cash 3,267 (5,266) (968)
Net change in cash and cash equivalents 138,206 45,808 20,813
Cash and cash equivalents at beginning of period 291,764 245,956 225,143
Cash and cash equivalents at end of period 429,970 291,764 245,956
Cash paid during the period for:      
Income taxes paid, net of refunds ($23,133, $17,132 and $501 as of March 31, 2018, 2017 and 2016, respectively) 14,407 14,099 29,916
Income tax refunds 23,133 17,132 501
Interest 3,774 5,494 4,640
Non-cash investing and financing activities:      
Accrued for purchases of property and equipment 2,020 1,101 2,640
Accrued for asset retirement obligations 1,359 2,359 1,394
Accrued for shares withheld for taxes $ 171 $ 0 $ 919