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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 133,842 $ 120,849
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of NonCash Activity    
Depreciation, Depletion and Amortization 38,350 36,682
Deferred Income Tax Provision (2,212) 2,312
Stock Compensation Expense 4,539 6,457
Equity in Earnings of Unconsolidated Joint Venture (7,716) (3,159)
Distributions from Joint Venture 0 2,500
Changes in Operating Assets and Liabilities    
Accounts and Notes Receivable (75,443) (46,213)
Inventories 2,304 4,166
Accounts Payable and Accrued Liabilities 15,503 (5,100)
Other Assets (16,724) (9,577)
Income Taxes Payable (Receivable) 40,193 31,570
Net Cash Provided by Operating Activities 132,636 140,487
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant, and Equipment (33,128) (35,999)
Acquisition Spending 0 (55,053)
Net Cash Used in Investing Activities (33,128) (91,052)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase in Credit Facility 10,000 65,000
Repayment of Term Loan (2,500) (2,500)
Dividends Paid to Stockholders (8,538) (8,995)
Purchase and Retirement of Common Stock (85,490) (74,058)
Proceeds from Stock Option Exercises 56 10,385
Shares Redeemed to Settle Employee Taxes on Stock Compensation (1,421) (1,360)
Net Cash Used in Financing Activities (87,893) (11,528)
NET INCREASE IN CASH AND CASH EQUIVALENTS 11,615 37,907
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 34,925 15,242
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 46,540 $ 53,149