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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows From Operating Activities:    
Net earnings $ 33,276 $ 30,644
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 8,867 6,745
Reserve for credit losses, inventory obsolescence and sales returns 178 232
Share-based compensation expense 3,561 3,180
Payments from lessees directly to lenders-operating leases (75) (1,190)
Gain on disposal of property, equipment and leased equipment (939) (5,364)
Gain on sale of financing receivables (2,584) (3,498)
Other 2 0
Changes in:    
Accounts receivable (29,287) (21,694)
Inventories (16,688) 43,041
Financing receivables-net (5,922) 2,730
Deferred costs, other intangible assets and other assets 4,920 (8,290)
Accounts payable 2,375 (6,920)
Salaries and commissions payable, deferred revenue and other liabilities (14,769) (26,286)
Net cash provided by (used) in operating activities (17,085) 13,330
Cash Flows From Investing Activities:    
Proceeds from sale of property, equipment and leased equipment 1,764 7,976
Purchases of property, equipment and operating lease equipment (6,451) (3,436)
Purchases of assets to be leased or financed (8,620) (3,792)
Issuance of financing receivables (88,442) (100,785)
Repayments of financing receivables 33,349 41,087
Proceeds from sale of financing receivables 30,463 43,777
Cash used in acquisitions, net of cash acquired 0 (37,718)
Net cash used in investing activities (37,937) (52,891)
Cash Flows From Financing Activities:    
Borrowings of non-recourse and recourse notes payable 27,157 32,566
Repayments of non-recourse and recourse notes payable (11,229) (24,730)
Repurchase of common stock (10,135) (4,383)
Repayments of financing of acquisitions (2,134) (1,104)
Net borrowings (repayments) on floor plan facility 8,662 (12,395)
Net cash provided by (used) in financing activities 12,321 (10,046)
Effect of exchange rate changes on cash 150 32
Net Increase (Decrease) in Cash and Cash Equivalents (42,551) (49,575)
Cash and Cash Equivalents, Beginning of Period 118,198 109,760
Cash and Cash Equivalents, End of Period 75,647 60,185
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 945 254
Cash paid for income taxes 11,221 20,041
Schedule of Non-Cash Investing and Financing Activities:    
Proceeds from sale of property, equipment, and leased equipment 461 906
Purchase of property, equipment, and operating lease equipment (934) 724
Purchase of assets to be leased or financed 1,010 (4,134)
Issuance of financing receivables (36,655) (66,764)
Repayment of financing receivables 0 7,096
Proceeds from sale of financing receivables 40,265 70,423
Financing of acquisitions 0 (12,050)
Borrowing of non-recourse and recourse notes payable 37,688 8,904
Repayments of non-recourse and recourse notes payable (63) (10,704)
Vesting of share-based compensation $ 12,769 $ 11,969