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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 132,971 $ 130,236 $ 103,604
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 58,326 57,300 52,521
Provision for losses (recoveries) on advances 14,090 10,584 5,988
Inventory write-downs 9,234 13,995 19,944
Stock-based compensation expense 12,063 8,420 6,187
Foreign currency remeasurement loss (gain), net 5,114 (3,892) 19,029
Foreign currency exchange contracts (365) 14,163 (13,210)
Deferred income taxes (5,404) (7,657) (2,473)
Equity in net income of unconsolidated affiliates, net of dividends (1,239) 4,010 (329)
Tax Adjustments, Settlements, and Unusual Provisions 0 (29,236) 0
Restructuring and impairment costs [1] 3,523 0 10,457
Restructuring payments (1,181) 0 (4,134)
Change in estimated fair value of contingent consideration for FruitSmart acquisition 0 0 (2,532)
Other, net 1,001 (6,249) 512
Changes in operating assets and liabilities, net:      
Accounts and notes receivable (109,681) (74,657) (23,185)
Inventories (236,243) (41,867) (245,920)
Other assets (768) 10,821 (15,991)
Accounts payable 20,806 (84,588) 108,746
Accrued expenses and other current liabilities 8,414 3,365 14,356
Income taxes 342 (7,811) 6,644
Customer advances and deposits 14,365 (7,494) 4,668
Net cash provided (used) by operating activities (74,632) (10,557) 44,882
Cash Flows From Investing Activities:      
Purchase of property, plant and equipment (66,013) (54,674) (53,203)
Purchase of business, net of cash held by the business 0 0 (102,462)
Proceeds from sale of business, less cash of businesses sold 3,757 3,245 0
Proceeds from sale of property, plant and equipment 2,257 1,079 13,004
Net cash used by investing activities (59,999) (50,350) (142,661)
Cash Flows From Financing Activities:      
Issuance (repayment) of short-term debt, net 223,000 24,712 79,286
Issuance of long-term debt 0 123,481 0
Repayment of long-term debt 0 23,481 0
Dividends paid to noncontrolling interests in subsidiaries (10,572) (10,221) (13,390)
Repurchase of common stock (4,744) (3,448) (3,053)
Dividends paid on common stock (78,402) (77,391) (76,436)
Proceeds from termination of interest rate swap agreements 0 11,786 0
Debt issuance costs and other (3,607) (6,489) (3,167)
Net cash provided (used) by financing activities 125,675 38,949 (16,760)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (141) (1,000) (1,034)
Net increase (decrease) in cash and cash equivalents (9,097) (22,958) (115,573)
Cash, restricted cash and cash equivalents at beginning of year 64,690 87,648 203,221
Cash, Restricted Cash and Cash Equivalents at End of Year 55,593 64,690 87,648
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 55,593 64,690 81,648
Restricted cash (Other noncurrent assets) 0 0 6,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 55,593 64,690 87,648
Supplemental information—cash paid for:      
Interest 61,084 49,882 27,113
Income taxes, net of refunds $ 38,084 $ 49,073 $ 33,010
[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)