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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 21,941 $ 7,437
Non-cash items included in net income:    
Depreciation 13,105 10,516
Amortization of intangible assets 1,708 732
Loss (gain) on equity-method investment (1) 103
Share-based compensation expense 8,517 6,749
Excess tax benefits from share-based compensation (3,280) (665)
Deferred income taxes (1,048) (6,732)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (48,661) (41,208)
Inventories (10,007) (54,164)
Other assets (1,171) (2,383)
Accounts payable 42,769 34,541
Accrued and other liabilities (10,135) 19,475
Net cash provided by (used in) operating activities 13,737 (25,599)
Cash flows from investing activities:    
Purchases of property, plant and equipment (7,420) (15,290)
Investment in privately held companies (320) (240)
Acquisition, net of cash acquired (53,987) 0
Purchase of other intangible asset (715) 0
Release of restricted cash 715 0
Purchase of trading investments (4,229) (903)
Proceeds from sales of trading investments 4,231 840
Net cash used in investing activities (61,725) (15,593)
Cash flows from financing activities:    
Purchases of treasury shares (24,422) (8,814)
Proceeds from sales of shares upon exercise of options and purchase rights 599 4,066
Tax withholdings related to net share settlements of restricted stock units (9,185) (1,296)
Excess tax benefits from share-based compensation 3,280 665
Net cash used in financing activities (29,728) (5,379)
Effect of exchange rate changes on cash and cash equivalents (1,368) 1,761
Net decrease in cash and cash equivalents (79,084) (44,810)
Cash and cash equivalents, beginning of the period 519,195 537,038
Cash and cash equivalents, end of the period 440,111 492,228
Non-cash investing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 3,502 10,358
The following amounts reflected in the statements of cash flows are included in discontinued operations:    
Depreciation 0 705
Amortization of other intangible assets 0 564
Share-based compensation expense 0 226
Purchases of property, plant and equipment 0 385
Cash and cash equivalents, beginning of the period 0 3,659
Cash and cash equivalents, end of the period $ 0 $ 1,911