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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows From Operating Activities:    
Net earnings $ 15,273 $ 13,423
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 4,500 3,225
Reserve for credit losses, inventory obsolescence and sales returns 192 283
Share-based compensation expense 1,693 1,507
Payments from lessees directly to lenders-operating leases (32) (1,014)
Gain on disposal of property, equipment and leased equipment (294) (1,112)
Gain on sale of financing receivables (1,354) (2,292)
Other 4 (2)
Changes in:    
Accounts receivable (60,140) (13,764)
Inventories (12,440) 3,181
Financing receivables-net 3,749 (3,871)
Deferred costs, other intangible assets and other assets 5,491 (5,994)
Accounts payable 10,102 7,630
Salaries and commissions payable, deferred revenue and other liabilities (15,776) (4,650)
Net cash used in operating activities (49,032) (3,450)
Cash Flows From Investing Activities:    
Proceeds from sale of property, equipment and leased equipment 1,034 980
Purchases of property, equipment and operating lease equipment (1,630) (1,871)
Purchases of assets to be leased or financed (7,195) (3,017)
Issuance of financing receivables (49,355) (51,024)
Repayments of financing receivables 15,555 20,630
Proceeds from sale of financing receivables 9,776 28,379
Cash used in acquisitions, net of cash acquired 0 (7,913)
Net cash used in investing activities (31,815) (13,836)
Cash Flows From Financing Activities:    
Borrowings of non-recourse and recourse notes payable 18,802 4,700
Repayments of non-recourse and recourse notes payable (5,903) (467)
Repurchase of common stock (9,830) (4,130)
Repayments of financing of acquisitions (500) (604)
Net borrowings (repayments) on floor plan facility 17,468 6,320
Net cash provided by financing activities 20,037 5,819
Effect of exchange rate changes on cash 92 (49)
Net Increase (Decrease) in Cash and Cash Equivalents (60,718) (11,516)
Cash and Cash Equivalents, Beginning of Period 118,198 109,760
Cash and Cash Equivalents, End of Period 57,480 98,244
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 473 27
Cash paid for income taxes 5,545 2,960
Schedule of Non-Cash Investing and Financing Activities:    
Proceeds from sale of property, equipment, and leased equipment 164 1,673
Purchase of property, equipment, and operating lease equipment (675) 26
Purchase of assets to be leased or financed 592 (3,909)
Issuance of financing receivables (19,709) (56,791)
Repayment of financing receivables 0 4,058
Proceeds from sale of financing receivables 23,823 52,023
Financing of acquisitions 0 2,072
Borrowing of non-recourse and recourse notes payable 9,606 7,605
Repayments of non-recourse and recourse notes payable (32) (5,958)
Vesting of share-based compensation $ 11,345 $ 10,458