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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 78,003 $ 110,134 $ 116,168
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 38,379 37,104 34,836
Provision for losses (recoveries) on advances and guaranteed loans to suppliers 937 (2,339) 3,730
Inventory write-downs 10,319 4,002 7,687
Stock-based compensation expense 5,631 8,152 7,610
Foreign currency remeasurement loss (gain), net 16,422 1,786 (184)
Deferred income taxes (8,697) 3,873 (11,132)
Equity in net income of unconsolidated affiliates, net of dividends 1,101 3,659 (1,521)
Restructuring and impairment costs 7,543 20,304 0
Restructuring payments (2,787) (4,014) (315)
Other, net (8,772) 5,613 (7,866)
Changes in operating assets and liabilities, net:      
Accounts and notes receivable 16,267 (8,373) 38,264
Inventories and other assets (94,538) 33,796 (116,728)
Income taxes 10,927 (8,981) 1,239
Accounts payable and other accrued liabilities (48,534) (54,912) 13,397
Customer advances and deposits (11,304) 14,718 (3,940)
Net cash provided by operating activities 10,897 164,522 81,245
Cash Flows From Investing Activities:      
Purchase of property, plant and equipment (35,227) (38,760) (34,037)
Purchase of business, net of cash held by the business (80,180) 0 0
Proceeds from sale of property, plant and equipment 8,547 2,061 5,194
Other 495 2,000 1,450
Net cash used by investing activities (106,365) (34,699) (27,393)
Cash Flows From Financing Activities:      
Issuance (repayment) of short-term debt, net 24,114 12,036 (18,159)
Issuance of long-term debt 0 41,147 0
Repayment of long-term debt 0 41,147 0
Dividends paid to noncontrolling interests in subsidiaries (6,251) (5,938) (7,350)
Repurchase of common stock (33,457) (1,443) (21,610)
Dividends paid on common stock (75,368) (69,883) (54,699)
Proceeds from termination of interest rate swap agreements 0 5,428 0
Debt issuance costs and other (3,184) (5,987) (2,828)
Net cash used by financing activities (94,146) (65,787) (104,646)
Effect of exchange rate changes on cash (512) (608) 929
Net increase (decrease) in cash and cash equivalents (190,126) 63,428 (49,865)
Cash and cash equivalents at beginning of year 297,556 234,128 283,993
Cash and Cash Equivalents at End of Year 107,430 297,556 234,128
Supplemental information—cash paid for:      
Interest 19,376 16,462 15,621
Income taxes, net of refunds $ 30,984 $ 44,856 $ 58,339