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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ (32,633) $ (31,539)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 8,387 8,752
Debt amortization/interest 2,742 3,500
Debt retirement (2,975) 0
(Gain) loss on foreign currency transactions 4,827 (4,310)
Restructuring and asset impairment charges 0 41
Gain on sale of property, plant and equipment (13) (215)
Equity in net loss of unconsolidated affiliates, net of dividends 1,187 1,486
Stock-based compensation 345 437
Changes in operating assets and liabilities, net (208,855) 6,341
Other, net 697 (335)
Net cash used by operating activities (226,291) (15,842)
Investing activities    
Purchases of property, plant and equipment (6,061) (4,058)
Proceeds from sale of property, plant and equipment 1,347 268
Restricted cash (17) (457)
Other, net 148 69
Net cash used by investing activities (4,583) (4,178)
Financing activities    
Net proceeds from short-term borrowings 51,710 (14,936)
Proceeds from long-term borrowings 0 200,035
Repayment of long-term borrowings (24,961) (200,355)
Debt issuance cost (4,628) (6,428)
Debt retirement cost (72) 0
Net cash provided (used) by financing activities 22,049 (21,684)
Effect of exchange rate changes on cash 121 195
Decrease in cash and cash equivalents (208,704) (41,509)
Cash and cash equivalents at beginning of period 473,110 199,720
Cash and cash equivalents at end of period 264,406 158,211
Other information:    
Cash paid for income taxes 885 3,749
Cash paid for interest 17,910 11,292
Cash received from interest $ (968) $ (1,838)