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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 326,297 $ 338,987
Adjustments to reconcile net income to net cash provided by/ (used in) operating activities:    
Depreciation 43,474 22,601
Amortization of intangible assets 17,468 15,239
Loss on investments 961 2,519
Share-based compensation expense 47,673 44,900
Deferred income taxes 6,808 20,152
Change in fair value of contingent consideration for business acquisition (2,399) 5,716
Other 1,059 (1,877)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (113,008) (346,838)
Inventories (167,588) (161,120)
Other assets (48,440) (31,567)
Accounts payable (155,482) 399,176
Accrued and other liabilities (134,671) 90,631
Net cash provided by / (used in) operating activities (177,848) 398,519
Cash flows from investing activities:    
Purchases of property, plant and equipment (47,232) (27,774)
Investment in privately held companies (901) (3,405)
Acquisition, net of cash acquired (15,586) 0
Purchases of trading investments (2,466) (8,199)
Proceeds from sales of trading investments 2,977 8,839
Net cash used in investing activities (63,208) (30,539)
Cash flows from financing activities:    
Payment of cash dividends (159,410) (146,705)
Purchases of registered shares (174,380) (22,454)
Proceeds from exercises of stock options and purchase rights 16,636 26,066
Tax withholdings related to net share settlements of restricted stock units (54,751) (25,744)
Net cash used in financing activities (371,905) (168,837)
Effect of exchange rate changes on cash and cash equivalents (70) 2,512
Net increase / (decrease) in cash and cash equivalents (613,031) 201,655
Cash and cash equivalents, beginning of the period 1,750,327 715,566
Cash and cash equivalents, end of the period 1,137,296 917,221
Non-cash investing and financing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 10,369 9,594
Non-cash contingent consideration for acquisition 9,973 0
Supplemental cash flow information:    
Income taxes paid, net $ 166,127 $ 0