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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net loss $ (47,716) $ (31,788)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 13,961 14,812
Debt amortization/interest 5,339 4,220
Loss on foreign currency transactions 12,676 3,840
Restructuring and asset impairment charges 2,562 500
Bad debt expense (recovery) (148) 4,266
Equity in net income of unconsolidated affiliates, net of dividends (1,098) (268)
Stock-based compensation 1,805 1,738
Changes in operating assets and liabilities, net (346,242) (332,338)
Other, net (106) 623
Net cash used by operating activities (358,967) (334,395)
Investing activities    
Purchases of property, plant and equipment (9,852) (14,405)
Proceeds from sale of property, plant and equipment 662 833
Payments to acquire equity method investments 0 (1,055)
Surrender of life insurance policies 1,407 534
Other, net (308) (591)
Net cash used by investing activities (8,091) (14,684)
Financing activities    
Net proceeds from short-term borrowings 183,762 378,146
Proceeds from long-term borrowings 195,000 30,000
Repayment of long-term borrowings (242) (176,804)
Debt issuance cost (5,113) (4,963)
Other, net 200 0
Net cash provided by financing activities 373,607 226,379
Effect of exchange rate changes on cash 427 (2,471)
Increase (decrease) in cash and cash equivalents 6,976 (125,171)
Cash and cash equivalents at beginning of period 143,849 234,778
Cash and cash equivalents at end of period 150,825 109,607
Other information:    
Cash paid for income taxes 8,589 6,940
Cash paid for interest 53,221 45,682
Cash received from interest $ (2,861) $ (3,055)