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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 130,236 $ 103,604 $ 96,314
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 57,300 52,521 44,733
Provision for losses (recoveries) on advances 10,584 5,988 5,534
Inventory write-downs 13,995 19,944 13,463
Stock-based compensation expense 8,419 6,186 6,106
Foreign currency remeasurement loss (gain), net (3,892) 19,029 (8,475)
Foreign currency exchange contracts 14,163 (13,210) (1,567)
Deferred income taxes (7,657) (2,473) (2,335)
Equity in net income of unconsolidated affiliates, net of dividends 4,010 (329) (296)
Tax Adjustments, Settlements, and Unusual Provisions (29,236) 0 0
Restructuring and impairment costs [1] 0 10,457 22,577
Restructuring payments 0 (4,134) (8,283)
Change in estimated fair value of contingent consideration for FruitSmart acquisition 0 (2,532) (4,173)
Other, net (6,248) 513 (1,373)
Changes in operating assets and liabilities, net:      
Accounts and notes receivable (74,657) (23,185) (5,239)
Inventories (41,867) (245,920) 54,553
Other assets 10,821 (15,991) (11,354)
Accounts payable (84,588) 108,746 11,331
Accrued expenses and other current liabilities 3,365 14,356 14,840
Income taxes (7,811) 6,644 (4,516)
Customer advances and deposits (7,494) 4,668 (1,426)
Net cash provided (used) by operating activities (10,557) 44,882 220,414
Cash Flows From Investing Activities:      
Purchase of property, plant and equipment (54,674) (53,203) (66,154)
Purchase of business, net of cash held by the business 0 (102,462) (161,751)
Proceeds from sale of business, less cash of businesses sold 3,245 0 0
Proceeds from sale of property, plant and equipment 1,079 13,004 11,436
Other 0 0 (800)
Net cash used by investing activities (50,350) (142,661) (217,269)
Cash Flows From Financing Activities:      
Issuance (repayment) of short-term debt, net 24,712 79,286 29,396
Issuance of long-term debt 123,481 0 150,000
Repayment of long-term debt 23,481 0 0
Dividends paid to noncontrolling interests in subsidiaries (10,221) (13,390) (10,881)
Repurchase of common stock (3,448) (3,053) 0
Dividends paid on common stock (77,391) (76,436) (75,177)
Proceeds from termination of interest rate swap agreements 11,786 0 0
Debt issuance costs and other (6,489) (3,167) (1,949)
Net cash provided (used) by financing activities 38,949 (16,760) 91,389
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (1,000) (1,034) 1,257
Net increase (decrease) in cash and cash equivalents (22,958) (115,573) 95,791
Cash, restricted cash and cash equivalents at beginning of year 87,648 203,221 107,430
Cash, Restricted Cash and Cash Equivalents at End of Year 64,690 87,648 203,221
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 64,690 81,648 197,221
Restricted cash (Other noncurrent assets) 0 6,000 6,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 64,690 87,648 203,221
Supplemental information—cash paid for:      
Interest 49,882 27,113 24,198
Income taxes, net of refunds $ 49,073 $ 33,010 $ 36,443
[1] Restructuring and impairment costs are excluded from reportable segment operating income, but are included in consolidated operating income in the consolidated statements of income (see Note 4)