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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities:      
Net earnings $ 55,122 $ 50,556 $ 44,747
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:      
Depreciation and amortization 15,827 11,731 15,980
Reserve for credit losses, inventory obsolescence and sales returns 333 749 (216)
Share-based compensation expense 6,464 6,025 5,711
Deferred taxes (44) (1,196) 3,515
Payments from lessees directly to lenders-operating leases (1,445) (1,724) (4,646)
Gain on disposal of property, equipment and operating lease equipment (8,694) (3,977) (3,104)
Gain on sale of financing receivables (6,796) (7,976) (7,103)
Other 65 193 185
Changes in:      
Accounts receivable-trade 7,593 (25,739) (8,564)
Accounts receivable-other (1,011) 8,507 (2,498)
Inventories 54,982 (60,022) (13,405)
Financing receivables-net (8,537) (5,824) (9,310)
Deferred costs, other intangible assets and other assets (19,474) (1,091) 11,189
Accounts payable 258 3,845 (738)
Salaries and commissions payable, deferred revenue and other liabilities (11,877) 58,959 (17,633)
Net cash provided by operating activities 82,766 33,016 14,110
Cash Flows From Investing Activities:      
Proceeds from sale of property, equipment and operating lease equipment 14,403 7,339 6,931
Purchases of property, equipment and operating lease equipment (7,590) (9,558) (14,468)
Purchases of assets to be leased or financed (6,378) (9,861) (11,403)
Issuance of financing receivables (170,666) (129,361) (137,008)
Repayments of financing receivables 78,047 55,093 58,067
Proceeds from sale of financing receivables 72,225 69,146 64,351
Cash used in acquisitions, net of cash acquired (37,718) (9,143) (16,649)
Net cash used in investing activities (57,677) (26,345) (50,179)
Cash Flows From Financing Activities:      
Borrowings of non-recourse and recourse notes payable 72,389 73,707 44,807
Repayments of non-recourse and recourse notes payable (31,302) (40,414) (257)
Repurchase of common stock (35,245) (30,493) (11,339)
Dividends paid 0 0 (80)
Payments to settle financing of acquisitions (2,104) (1,142) (1,158)
Net borrowings (repayments) on floor plan facility (20,503) 6,156 22,475
Net cash (used in) provided by financing activities (16,765) 7,814 54,448
Effect of exchange rate changes on cash 114 509 212
Net Increase (Decrease) in Cash and Cash Equivalents 8,438 14,994 18,591
Cash and Cash Equivalents, Beginning of Period 109,760 94,766 76,175
Cash and Cash Equivalents, End of Period 118,198 109,760 94,766
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 602 38 84
Cash paid for income taxes 32,134 32,240 29,789
Schedule of Non-Cash Investing and Financing Activities:      
Proceeds from sale of property, equipment, and operating lease equipment 591 135 7,650
Purchase of property, equipment, and operating lease equipment (290) (2,398) (10,562)
Purchase of assets to be leased or financed (5,089) (6,702) (9,827)
Issuance of financing receivables (132,982) (217,244) (101,718)
Repayment of financing receivables 13,018 19,421 16,873
Proceeds from sale of financing receivables 143,956 215,227 98,753
Financing of acquisitions (12,050) (3,924) 0
Borrowing of non-recourse and recourse notes payable 16,066 35,533 42,840
Repayments of non-recourse and recourse notes payable (19,372) (29,217) (29,059)
Vesting of share-based compensation 12,037 8,013 7,799
Repurchase of common stock $ (771) $ 0 $ 0