XML 71 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Earnings $ 186,853us-gaap_NetIncomeLoss $ 124,243us-gaap_NetIncomeLoss $ 57,744us-gaap_NetIncomeLoss
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-Cash Activity -      
Depreciation, Depletion and Amortization 76,299us-gaap_DepreciationDepletionAndAmortization 70,021us-gaap_DepreciationDepletionAndAmortization 56,850us-gaap_DepreciationDepletionAndAmortization
Deferred Income Tax Provision 5,805us-gaap_DeferredIncomeTaxExpenseBenefit 5,746us-gaap_DeferredIncomeTaxExpenseBenefit 6,155us-gaap_DeferredIncomeTaxExpenseBenefit
Stock Compensation Expense 13,030us-gaap_ShareBasedCompensation 10,136us-gaap_ShareBasedCompensation 9,002us-gaap_ShareBasedCompensation
Excess Tax Benefits from Share Based Payment Arrangements (5,743)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (8,067)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (6,493)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Equity in Earnings of Unconsolidated Joint Venture (44,967)us-gaap_IncomeLossFromEquityMethodInvestments (37,811)us-gaap_IncomeLossFromEquityMethodInvestments (32,507)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions from Joint Venture 40,375us-gaap_EquityMethodInvestmentDividendsOrDistributions 37,750us-gaap_EquityMethodInvestmentDividendsOrDistributions 28,500us-gaap_EquityMethodInvestmentDividendsOrDistributions
Changes in Operating Assets and Liabilities:      
Accounts and Notes Receivable 4,196us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable (12,876)us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable (7,771)us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable
Inventories (38,741)us-gaap_IncreaseDecreaseInInventories (32,714)us-gaap_IncreaseDecreaseInInventories (14,186)us-gaap_IncreaseDecreaseInInventories
Accounts Payable and Accrued Liabilities (11,499)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 6,504us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 24,610us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other Assets 520us-gaap_IncreaseDecreaseInOtherOperatingAssets (3,511)us-gaap_IncreaseDecreaseInOtherOperatingAssets (2,679)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Income Taxes Payable 7,993us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 11,212us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 5,182us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net Cash Provided by Operating Activities 234,121us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 170,633us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 124,407us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (111,573)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (59,490)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (53,011)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
CRS Acquisition (237,171)us-gaap_PaymentsForProceedsFromOtherInvestingActivities   (453,420)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net Cash Used in Investing Activities (348,744)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (59,490)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (506,431)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES      
Increase (Decrease) in Credit Facility 141,000us-gaap_ProceedsFromRepaymentsOfNotesPayable (108,000)us-gaap_ProceedsFromRepaymentsOfNotesPayable 227,000us-gaap_ProceedsFromRepaymentsOfNotesPayable
Repayment of Senior Notes (9,500)us-gaap_RepaymentsOfSeniorDebt   (4,677)us-gaap_RepaymentsOfSeniorDebt
Dividends Paid to Stockholders (20,072)us-gaap_PaymentsOfDividendsCommonStock (19,899)us-gaap_PaymentsOfDividendsCommonStock (18,533)us-gaap_PaymentsOfDividendsCommonStock
Net Proceeds from Offering of Common Stock     154,832us-gaap_ProceedsFromIssuanceOfCommonStock
Proceeds from Stock Option Exercises 4,311us-gaap_ProceedsFromStockOptionsExercised 14,187us-gaap_ProceedsFromStockOptionsExercised 19,645us-gaap_ProceedsFromStockOptionsExercised
Shares Redeemed to Settle Employee Taxes on Stock Compensation (4,166)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (2,913)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (3,569)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Payment of Debt Issuance Costs (1,661)us-gaap_PaymentsOfDebtIssuanceCosts   (1,751)us-gaap_PaymentsOfDebtIssuanceCosts
Excess Tax Benefits from Share Based Payment Arrangements 5,743us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 8,067us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 6,493us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net Cash Provided by (Used in) Financing Activities 115,655us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (108,558)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 379,440us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,032us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 2,585us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (2,584)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 6,482us-gaap_CashAndCashEquivalentsAtCarryingValue 3,897us-gaap_CashAndCashEquivalentsAtCarryingValue 6,481us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 7,514us-gaap_CashAndCashEquivalentsAtCarryingValue $ 6,482us-gaap_CashAndCashEquivalentsAtCarryingValue $ 3,897us-gaap_CashAndCashEquivalentsAtCarryingValue