XML 23 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss) $ 463,416 $ 477,639 $ 461,540
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Noncash Activity:      
Depreciation, Depletion, and Amortization 158,902 149,832 138,554
Deferred Income Tax Provision (4,855) 7,953 4,475
Stock Compensation Expense 18,743 19,900 17,155
Equity in Earnings of Unconsolidated Joint Venture (26,396) (31,581) (35,474)
Distributions from Joint Venture 0 7,000 27,000
Changes in Operating Assets and Liabilities:      
Accounts and Notes Receivable (7,904) (551) (12,035)
Inventories (36,832) (67,232) (47,946)
Accounts Payable and Accrued Liabilities 874 13,794 (7,797)
Other Assets (16,747) (20,468) 4,955
Income Taxes Receivable (653) 7,652 (8,701)
Net Cash Provided by Operating Activities 548,548 563,938 541,726
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant, and Equipment (195,281) (120,305) (110,143)
Acquisition Spending (174,850) (55,053) (158,451)
Net Cash Used in Investing Activities (370,131) (175,358) (268,594)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings Under Revolving Credit Facility 335,000 13,000 200,000
Repayment of Borrowings Under Revolving Credit Facility (305,000) 0 (43,000)
Borrowings Under Term Loan 125,000    
Repayment of Term Loan (11,250) (10,000) (7,500)
Dividends Paid to Stockholders (33,722) (35,298) (37,496)
Purchase and Retirement of Common Stock (298,286) (343,274) (387,717)
Payment of Excise Tax on Purchases and Retirement of Common Stock (3,331) 0 0
Proceeds from Stock Option Exercises 6,380 17,098 5,418
Payment of Debt Issuance Costs (1,834) 0 (903)
Shares Redeemed to Settle Employee Taxes on Stock Compensation (5,898) (10,423) (6,108)
Net Cash Used in Financing Activities (192,941) (368,897) (277,306)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (14,524) 19,683 (4,174)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 34,925 15,242 19,416
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 20,401 $ 34,925 $ 15,242