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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
OPERATING ACTIVITIES:    
Net income (loss) $ 26,713 $ (135,709)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization, including amortization of debt issuance costs 143,410 162,424
Gain on early extinguishment of liabilities, net (4,141) (1,122)
Non-cash equity-based compensation expense 976 (1,793)
Loss on disposal or impairment of assets, net 7,485 81,230
Change in provision for expected credit losses (224) 96
Net adjustments to fair value of commodity derivatives 13,075 40,680
Equity in earnings of unconsolidated entities (1,881) (646)
Distributions of earnings from unconsolidated entities 2,567 2,009
Lower of cost or net realizable value adjustments 15,618 3,614
Other 63 721
Changes in operating assets and liabilities, exclusive of acquisitions:    
Accounts receivable-trade and affiliates (6,576) (137,210)
Inventories (144,118) (175,910)
Other current and noncurrent assets (807) 24,631
Accounts payable-trade and affiliates (90,380) 139,688
Other current and noncurrent liabilities 6,548 (10,548)
Net cash used in operating activities (31,672) (7,845)
INVESTING ACTIVITIES:    
Capital expenditures (93,963) (77,808)
Net settlements of commodity derivatives 19,785 (65,688)
Proceeds from sales of assets 14,054 4,551
Proceeds from divestitures of businesses and investments, net 0 63,489
Investments in unconsolidated entities (346) (235)
Distributions of capital from unconsolidated entities 0 562
Net cash used in investing activities (60,470) (75,129)
FINANCING ACTIVITIES:    
Proceeds from borrowings under revolving credit facility 1,037,000 826,000
Payments on revolving credit facility (866,000) (684,000)
Repayment and repurchase of senior unsecured notes (73,472) (40,249)
Payments on other long-term debt (1,273) (6,169)
Debt issuance costs (1,203) (10,326)
Distributions to noncontrolling interest owners (1,249) (957)
Payments to settle contingent consideration liabilities (941) (623)
Principal payments of finance leases (2) 0
Net cash provided by financing activities 92,860 83,676
Net increase in cash and cash equivalents 718 702
Cash and cash equivalents, beginning of period 3,822 4,829
Cash and cash equivalents, end of period 4,540 5,531
Supplemental cash flow information:    
Cash interest paid 129,000 126,076
Income taxes paid (net of income tax refunds) 2,170 1,410
Supplemental non-cash investing and financing activities:    
Accrued capital expenditures $ 13,124 $ 13,264