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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating activities    
Net loss $ (36,196) $ (28,723)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 21,018 22,247
Debt amortization/interest 8,207 6,691
Debt retirement 0 (338)
Loss on foreign currency transactions 16,713 5,167
Restructuring and asset impairment charges 4,087 500
Gain on sale of property, plant and equipment (496) (1,322)
Bad debt expense (recovery) (181) 12,417
Equity in net income of unconsolidated affiliates, net of dividends (3,710) (1,642)
Stock-based compensation 2,323 2,562
Changes in operating assets and liabilities, net (357,391) (333,890)
Other, net 620 729
Net cash used by operating activities (345,006) (315,602)
Investing activities    
Purchases of property, plant and equipment (13,356) (19,585)
Proceeds from sale of property, plant and equipment 1,072 15,063
Payments to acquire equity method investments 0 (1,655)
Surrender of life insurance policies 1,657 1,194
Other, net (266) (733)
Net cash used by investing activities (10,893) (5,716)
Financing activities    
Net proceeds from short-term borrowings 203,968 306,540
Proceeds from long-term borrowings 210,000 210,000
Repayment of long-term borrowings (2,867) (188,864)
Debt issuance cost (5,325) (4,963)
Other, net 303 415
Net cash provided by financing activities 406,079 323,128
Effect of exchange rate changes on cash 1,201 (1,579)
Increase in cash and cash equivalents 51,381 231
Cash and cash equivalents at beginning of period 143,849 234,778
Cash and cash equivalents at end of period 195,230 235,009
Other information:    
Cash paid for income taxes 12,445 11,728
Cash paid for interest 58,240 50,971
Cash received from interest $ 5,606 $ 4,554