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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Earnings $ 105,005 $ 95,327
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-Cash Activity    
Depreciation, Depletion and Amortization 34,229 31,944
Deferred Income Tax Provision 2,547 1,799
Stock Compensation Expense 5,146 2,456
Equity in Earnings of Unconsolidated Joint Venture (5,098) (7,970)
Distributions from Joint Venture 4,500 7,000
Changes in Operating Assets and Liabilities    
Accounts and Notes Receivable (51,478) (40,344)
Inventories 9,085 18,697
Accounts Payable and Accrued Liabilities (6,389) (2,938)
Other Assets (1,109) (8,704)
Income Taxes Payable (Receivable) 28,364 13,854
Net Cash Provided by Operating Activities 124,802 111,121
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant, and Equipment (14,914) (11,935)
Acquisition Spending (121,162)
Net Cash Used in Investing Activities (136,076) (11,935)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase (Decrease) in Credit Facility (19,000)
Term Loan 200,000
Dividends Paid to Stockholders (9,642)
Purchase and Retirement of Common Stock (109,612) (61,929)
Proceeds from Stock Option Exercises 667 8,222
Payment of Debt Issuance Costs (777) (1,243)
Shares Redeemed to Settle Employee Taxes on Stock Compensation (1,497) (1,214)
Net Cash Provided by (Used in) Financing Activities 60,139 (56,164)
NET INCREASE IN CASH AND CASH EQUIVALENTS 48,865 43,022
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 19,416 268,520
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 68,281 $ 311,542