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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Cash Flows From Operating Activities:      
Net earnings $ 35,273 $ 34,830 $ 23,367
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:      
Depreciation and amortization 14,755 12,168 9,365
Provision for credit losses, inventory obsolescence and sales returns 853 (192) 3,244
Share-based compensation expense 3,968 3,283 2,392
Excess tax benefit from exercise of stock options (1,762) (1,648) (740)
Deferred taxes (3,536) (991) 1,413
Payments from lessees directly to lenders-operating leases (7,539) (5,567) (4,371)
Gain on disposal of property, equipment and operating lease equipment (2,473) (946) (1,303)
Gain on sale of notes receivable (5,843) (2,997) (2,915)
Excess increase in cash value of life insurance (103) (107) (160)
Other 109 15 (208)
Changes in:      
Accounts receivable - trade (36,751) (14,230) (50,529)
Accounts receivable - other (2,621) (3,610) 99
Financing receivables (30,792) 18,763 (17,086)
Inventories (7,724) 8,764 (13,775)
Deferred costs, other intangible assets and other assets (1,179) (479) 20,126
Accounts payable-equipment 3,578 (11,708) 9,735
Accounts payable-trade 29,512 4,568 10,218
Salaries and commissions payable, deferred revenue and other liabilities 4,052 1,354 (10,468)
Net cash (used in) provided by operating activities (8,223) 41,270 (21,596)
Cash Flows From Investing Activities:      
Purchases of short-term investments 0 (1,233) (7,396)
Maturities of short-term investments 982 7,647 0
Proceeds from sale of property, equipment and operating lease equipment 4,138 1,923 2,176
Purchases of property, equipment and operating lease equipment (9,952) (15,584) (7,655)
Purchases of assets to be leased or financed (5,445) 0 0
Issuance of notes receivable (104,298) (87,859) (65,678)
Repayments of notes receivable 42,514 26,913 16,713
Proceeds from sale or transfer of notes receivable 46,249 55,663 35,487
Premiums paid on life insurance (140) (128) (65)
Cash used in acquisitions, net of cash acquired (2,845) 0 (11,805)
Net cash used in investing activities (28,797) (12,658) (38,223)
Cash Flows From Financing Activities:      
Borrowings of non-recourse and recourse notes payable 51,547 32,746 14,137
Repayments of non-recourse and recourse notes payable (2,252) (3,105) (3)
Repurchase of common stock (13,188) (1,890) (19,418)
Dividends paid (108) (20,100) 0
Proceeds from issuance of capital stock through option exercise 560 1,167 623
Payments of contingent consideration (1,027) (473) 0
Excess tax benefit from share based compensation 1,762 1,648 740
Net borrowings (repayments) on floor plan facility 27,165 (19,660) 21,767
Net cash provided by (used in) financing activities 64,459 (9,667) 17,846
Effect of exchange rate changes on cash 20 (3) (5)
Net Increase in Cash and Cash Equivalents 27,459 18,942 (41,978)
Cash and Cash Equivalents, Beginning of Period 52,720 33,778 75,756
Cash and Cash Equivalents, End of Period 80,179 52,720 33,778
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 105 26 21
Cash paid for income taxes 25,517 24,200 11,990
Schedule of Non-Cash Investing and Financing Activities:      
Purchase of property and equipment included in accounts payable 7 138 95
Purchase of operating lease equipment included in accounts payable 116 175 0
Purchase of assets financed as notes receivables included in accounts payable 1,140 0 0
Proceeds from sales of operating lease equipment included in accounts receivable 861 34 495
Repayments of non-recourse and recourse notes payable 22,146 15,872 15,671
Dividends declared included in other liabilities 0 278 0
Vesting of share-based compensation 7,838 4,648 2,216
Contingent consideration 0 0 1,500
Origination and concurrent sale of notes receivable $ 98,616 $ 0 $ 0