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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Operating Activities      
Net loss $ (42,758) $ (450,910) $ (29,433)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 49,635 93,334 138,168
Impairment of long-lived assets 2,308 252,382 66,121
Amortization of acquired contract liability (5,871) (38,564) (75,286)
Loss on sale of assets and businesses 9,294 104,702 56,916
Curtailments, settlements, and special termination benefits loss, net 52,005   14,293
Other amortization included in interest expense 9,047 23,759 11,157
Provision for credit losses 452 4,853 1,554
Provision (benefit) for deferred income taxes 25 (176) 2,823
Share-based compensation 9,782 12,701 11,062
Changes in other assets and liabilities, excluding the effects of acquisitions and divestitures:      
Trade and other receivables 2,822 126,294 5,001
Contract assets 702 46,841 50,440
Inventories 25,642 35,412 (48,802)
Prepaid expenses and other current assets (1,122) (310) 16,376
Accounts payable, accrued expenses, and contract liabilities (189,412) (330,992) (61,338)
Accrued pension and other postretirement benefits (58,597) (51,692) (66,519)
Other, net (970) (753) 4,133
Net cash used in operating activities (137,016) (173,119) 96,666
Investing Activities      
Capital expenditures (19,660) (25,178) (39,834)
Proceeds from sale of assets and businesses 224,518 15,888 47,229
Investment in joint venture (2,101)    
Purchase of facility related to divested businesses (21,550)    
Net cash provided by (used in) investing activities 181,207 (9,290) 7,395
Financing Activities      
Net decrease in revolving credit facility   (400,000) 185,000
Proceeds from issuance of long-term debt 107 713,900 585,580
Retirement of debt and finance lease obligations (380,009) (160,035) (449,650)
Payment of deferred financing costs (400) (20,716) (17,718)
Sales of common stock, net of issuance costs   145,383  
Premium on redemption of First Lien Notes (9,108)    
Dividends paid     (8,078)
Repurchase of shares for share-based compensation minimum tax obligation (3,249) (1,285) (1,442)
Net cash (used in) provided by financing activities (392,659) 277,247 293,692
Effect of exchange rate changes on cash (536) 9,581 (5,097)
Net change in cash and cash equivalents (349,004) 104,419 392,656
Cash and cash equivalents at beginning of period 589,882 485,463 92,807
Cash and cash equivalents at end of period $ 240,878 $ 589,882 $ 485,463