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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating activities    
Net loss $ (62,747) $ (35,395)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 25,859 21,018
Debt amortization/interest 10,142 8,207
Debt retirement 2,339 0
(Gain) loss on foreign currency transactions (10,780) 16,713
Restructuring and asset impairment charges 1,068 4,087
Gain on sale of property, plant and equipment (490) (496)
Bad debt expense (recovery) (2,801) (181)
Equity in net income of unconsolidated affiliates, net of dividends 4,194 (3,710)
Stock-based compensation 1,360 2,323
Changes in operating assets and liabilities, net (10,588) (358,192)
Other, net 180 620
Net cash used by operating activities (42,264) (345,006)
Investing activities    
Purchases of property, plant and equipment (9,483) (13,356)
Proceeds from sale of property, plant and equipment 771 1,072
Surrender of life insurance policies 0 1,657
Other, net 66 (266)
Net cash used by investing activities (8,646) (10,893)
Financing activities    
Net proceeds from short-term borrowings 93,552 203,968
Proceeds from long-term borrowings 472,484 210,000
Repayment of long-term borrowings (400,355) (2,867)
Debt issuance cost (17,618) (5,325)
Debt retirement cost 73 0
Other, net 0 303
Net cash provided by financing activities 147,990 406,079
Effect of exchange rate changes on cash (310) 1,201
Increase in cash and cash equivalents 96,770 51,381
Cash and cash equivalents at beginning of period 199,720 143,849
Cash and cash equivalents at end of period 296,490 195,230
Other information:    
Cash paid for income taxes 7,147 12,445
Cash paid for interest 64,322 58,240
Cash received from interest $ 5,888 $ 5,606