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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash Flows From Operating Activities:    
Net earnings $ 46,225 $ 40,066
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 11,324 8,758
Reserve for credit losses, inventory obsolescence and sales returns 286 926
Share-based compensation expense 4,856 4,520
Deferred taxes (3,058) 0
Payments from lessees directly to lenders-operating leases (1,325) (1,831)
Gain on disposal of property, equipment and operating lease equipment (7,555) (3,742)
Gain on sale of financing receivables (4,625) (3,968)
Other 1 316
Changes in:    
Accounts receivable-trade (8,295) (57,732)
Accounts receivable-other (1,976) (4,232)
Inventories 43,332 (77,422)
Financing receivables-net (13,045) 17,797
Deferred costs, other intangible assets and other assets (26,188) 1,838
Accounts payable 18,406 53,208
Salaries and commissions payable, deferred revenue and other liabilities (9,539) 51,200
Net cash provided by operating activities 48,824 29,702
Cash Flows From Investing Activities:    
Proceeds from sale of property, equipment and operating lease equipment 9,967 6,380
Purchases of property, equipment, software, and operating lease equipment (6,298) (7,300)
Purchases of assets to be leased or financed (5,716) (5,897)
Issuance of financing receivables (138,160) (114,671)
Repayments of financing receivables 59,029 44,091
Proceeds from sale of financing receivables 64,103 39,857
Cash used in acquisitions, net of cash acquired (37,718) (9,500)
Net cash used in investing activities (54,793) (47,040)
Cash Flows From Financing Activities:    
Borrowings of non-recourse and recourse notes payable 39,365 34,020
Repayments of non-recourse and recourse notes payable (27,269) (5,412)
Repurchase of common stock (13,399) (30,493)
Payment of contingent consideration 0 (718)
Repayments of financing of acquisitions (1,604) 0
Net borrowings (repayments) on floor plan facility (24,851) (5,602)
Net cash used in financing activities (27,758) (8,205)
Effect of exchange rate changes on cash 72 454
Net Decrease in Cash and Cash Equivalents (33,655) (25,089)
Cash and Cash Equivalents, Beginning of Period 109,760 94,766
Cash and Cash Equivalents, End of Period 76,105 69,677
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 421 38
Cash paid for income taxes 29,987 23,381
Schedule of Non-Cash Investing and Financing Activities:    
Proceeds from sale of property, equipment, and operating lease equipment 3,463 429
Purchases of property, equipment, software, and operating lease equipment (751) (2,442)
Purchase of assets to be leased or financed (7,225) (12,700)
Issuance of financing receivables (74,907) (110,120)
Repayment of financing receivables 9,572 16,454
Proceeds from sale of financing receivables 83,954 104,430
Financing of acquisitions (12,050) 0
Borrowing of non-recourse and recourse notes payable 8,904 33,651
Repayments of non-recourse and recourse notes payable (14,465) (20,438)
Vesting of share-based compensation 12,010 7,982
Repurchase of common stock included in accounts payable $ (766) $ 0