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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 86,914 $ 73,568
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Depreciation and amortization 43,843 42,844
Net provision for losses (recoveries) on advances to suppliers 9,950 6,127
Inventory writedowns 4,813 10,782
Stock-based compensation expense 10,625 6,630
Foreign currency remeasurement (gain) loss, net 3,227 (1,335)
Foreign currency exchange contracts 2,655 14,600
Deferred income taxes (2,078) 470
Equity in net loss (income) of unconsolidated affiliates, net of dividends 2,055 5,717
Restructuring and impairment costs 3,523 0
Restructuring payments (999) 0
Other, net 734 (4,967)
Accounts and notes receivable (61,434) (186,039)
Inventories (169,129) (84,250)
Other assets 16,539 10,170
Accounts payable (1,422) (80,355)
Accrued expenses and other current liabilities (13,356) 17,801
Income taxes 19 (10,191)
Customer advances and deposits 16,784 (5,422)
Net cash provided (used) by operating activities (46,737) (183,850)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (47,732) (39,430)
Proceeds from sale of business, net of cash held by the business 3,757 3,245
Proceeds from sale of property, plant and equipment 1,932 1,634
Net cash used by investing activities (42,043) (34,551)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of short-term debt, net 170,433 166,109
Issuance of long-term debt 0 123,481
Repayment of long-term debt 0 23,481
Dividends paid to noncontrolling interests (5,845) (6,825)
Repurchase of common stock (4,744) (3,448)
Dividends paid on common stock (58,755) (57,993)
Proceeds from termination of interest rate swap agreements 0 11,786
Other (2,973) (6,337)
Net cash provided (used) by financing activities 98,116 203,292
Effect of exchange rate changes on cash, restricted cash and cash equivalents 76 (1,256)
Net increase (decrease) in cash, restricted cash and cash equivalents 9,412 (16,365)
Cash, restricted cash and cash equivalents at beginning of year 64,690 87,648
Cash, restricted cash and cash equivalents at end of period $ 74,102 $ 71,283