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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities    
Net income $ 79,573 $ 69,648
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52,912 55,793
Deferred income taxes 2,316 (12,738)
Loss on disposal of assets and costs from exit and disposal activities 1,572 10,468
ESOP and stock-based compensation 16,142 13,086
Amortization of deferred financing charges 561 746
Fair market value adjustments to derivatives 1,976 (1,988)
Equity in net loss (income) of unconsolidated affiliates 225 (496)
Other operating activities (3,493) 12,046
Changes in working capital:    
Receivables 16,768 (14,817)
Inventories 15,705 44,560
Prepaid expenses and other current assets (2,562) 2,105
Accounts payable, accrued expenses, and other liabilities (33,673) (39,504)
Net cash provided by operating activities 148,022 138,909
Cash Flows from Investing Activities    
Capital expenditures (31,130) (35,124)
Cash paid for acquisitions, net of cash acquired   (1,990)
Proceeds from sale of corporate-owned life insurance   5,959
Other investing activities 1,109 (570)
Net cash used in investing activities (30,021) (31,725)
Cash Flows from Financing Activities    
Proceeds from Revolving Credit Facility 331,600 397,450
Payments on Revolving Credit Facility (376,600) (431,950)
Payments on Term Loan   (72,500)
Proceeds from Senior Notes   75,000
Payments on Senior Notes (25,000) (25,000)
Debt issuance costs   (2,268)
Payments of notes, mortgages and other debt (700) (1,675)
Payments on capital lease obligations (17,791) (18,176)
Acquisition of noncontrolling interest in BaySaver (8,821)  
Cash dividends paid (21,084) (13,511)
Proceeds from exercise of stock options 3,937 7,606
Repurchase of common stock   (7,947)
Other financing activities (920) (1,558)
Net cash used in financing activities (115,379) (94,529)
Effect of exchange rate changes on cash (451) (698)
Net change in cash 2,171 11,957
Cash at beginning of period 17,587 6,450
Cash at end of period 19,758 18,407
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for income taxes 27,459 25,408
Cash paid for interest 11,506 13,904
Non-cash operating, investing and financing activities:    
Acquisition of property, plant and equipment under capital lease and incurred lease obligations 19,915 25,993
Balance in accounts payable for the acquisition of property, plant and equipment $ 2,381 998
Payable recorded for business acquisition   300
Contribution of net accounts receivable to the South American Joint Venture   $ 2,785