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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 Earnings $ 374,247 $ 339,444 $ 70,894
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-Cash Activity:      
Depreciation, Depletion, and Amortization 128,811 129,087 113,518
Write-off of debt issuance costs 6,101    
Impairment Losses 224,267
Deferred Income Tax Provision 6,383 59,319 75,987
Stock Compensation Expense 14,264 15,293 19,823
Gain on Sale of Businesses (61,203)
Equity in Earnings of Unconsolidated Joint Venture (32,488) (37,441) (42,585)
Distributions from Joint Venture 27,250 36,000 33,500
Changes in Operating Assets and Liabilities:      
Accounts and Notes Receivable (29,209) 2,127 (25,005)
Inventories (912) 30,002 26,729
Accounts Payable and Accrued Liabilities 27,192 9,541 17,265
Other Assets (1,331) (6,455) 7,841
Income Taxes Receivable (3,137) 127,359 (122,933)
Net Cash Provided by Operating Activities 517,171 643,073 399,301
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant, and Equipment (74,121) (53,933) (132,119)
Acquisition Spending (699,361)
Proceeds from Sale of Businesses 91,022  
Proceeds from Sales of Property, Plant, and Equipment 400
Net Cash Provided by (Used in) Investing Activities (74,121) 37,089 (831,080)
CASH FLOWS FROM FINANCING ACTIVITIES      
(Decrease) Increase in Revolving Credit Facility 200,000 (560,000) 250,000
Issuance (Repayment) of Term Loan (665,000)   665,000
Repayment of Senior Unsecured Notes     (36,500)
Dividends Paid to Stockholders (30,770) (4,163) (17,142)
Purchase and Retirement of Common Stock (589,742)   (313,887)
Proceeds from Stock Option Exercises 21,366 40,455 3,298
Premium Paid on Early Retirement of Senior Notes (8,407)    
Payment of Debt Issuance Costs (7,985) (2,396) (4,880)
Shares Redeemed to Settle Employee Taxes on Stock Compensation (5,308) (4,186) (4,063)
Net Cash (Used in) Provided by Financing Activities (692,154) (530,290) 541,826
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (249,104) 149,872 110,047
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 268,520 118,648 8,601
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 19,416 $ 268,520 $ 118,648
2.500% Senior Unsecured Notes [Member]      
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from 2.500% Senior Unsecured Notes 743,692    
4.500% Senior Unsecured Notes [Member]      
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayment of Senior Unsecured Notes $ (350,000)