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STATEMENTS OF CONSOLIDATED CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Operating activities      
Net income (loss) $ 29,191 $ (72,148) $ 79,946
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Depreciation and amortization 33,143 28,216 29,113
Debt amortization/interest 14,024 12,959 13,104
Debt retirement cost 0 4,584 40,353
Restructuring and asset impairment charges (415) 10,323 0
(Gain) loss on foreign currency transactions 8,810 (8,387) (12,288)
Gain on disposition of fixed assets (4,500) (4,355) (5,981)
Gain on other sales of assets (13,667) (37,765) 0
Bad debt expense 477 3,002 81
Stock-based compensation 2,618 4,609 448
Changes in operating assets and liabilities, net:      
Trade and other receivables (5,563) (100,711) (28,974)
Inventories and advances to tobacco suppliers (48,806) 60,123 (61,324)
Prepaid expenses (432) 321 (3,352)
Deferred items (12,981) 99,646 (14,947)
Recoverable income taxes 7,759 (535) (6,711)
Payables and accrued expenses 47,676 (95,239) 30,828
Advances from customers (1,926) (84,832) 57,844
Current derivative asset 2,232 (16) (1,699)
Income taxes (776) (1,416) (7,773)
Other operating assets and liabilities 1,506 (1,620) 2,213
Other, net 600 224 438
Net cash provided (used) by operating activities 58,970 (183,017) 111,319
Investing activities      
Purchases of property, plant and equipment (43,846) (69,525) (15,785)
Intangibles, including internally developed software costs (862) (648) (6,646)
Proceeds from sale of property, plant and equipment 6,212 6,649 8,575
Proceeds on other sales of assets 0 46,074 0
Foreign currency derivatives 0 0 (5,026)
Proceeds from notes receivable 402 1,331 11,437
Investment in notes receivable 0 (188) (1,839)
Restricted cash (26,642) (30) 6
Other, net (334) 436 (53)
Net cash used by investing activities (65,070) (15,901) (9,331)
Financing activities      
Net proceeds (repayments) of short-term borrowings 149,914 37,214 (72,512)
Proceeds from long-term borrowings 343,426 347,300 1,040,509
Repayment of long-term borrowings (403,497) (256,093) (944,709)
Debt issuance cost (8,820) (3,722) (36,273)
Debt retirement cost 0 (2,262) (23,459)
Repurchase of common stock 0 (9,042) 0
Proceeds from issuance of warrants 0 0 16,821
Purchase of call options 0 0 (39,418)
Other, net (84) (445) (285)
Net cash provided (used) by financing activities 80,939 112,950 (59,326)
Effect of exchange rate changes on cash 1,398 (264) (589)
Increase (decrease) in cash and cash equivalents 76,237 (86,232) 42,073
Cash and cash equivalents at beginning of year 43,506 129,738 87,665
Cash and cash equivalents at end of year 119,743 43,506 129,738
Other information:      
Interest 89,183 91,108 118,638
Income taxes $ 17,242 $ 12,921 $ 42,193