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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 3,706 $ 8,161
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 4,270 4,102
Accretion of investment discount (194) (160)
Provision for accounts receivable allowances 2,553 1,530
Deferred tax provision 799 745
Share-based compensation expense 688 867
Gain on bargain purchase (376) 0
Loss on sale of assets 43 0
Changes in assets and liabilities:    
Accounts receivable (48,987) (54,558)
Inventory (19,815) (13,774)
Other assets (48) (293)
Accounts payable 13,652 13,942
Other accrued liabilities 1,683 2,077
Total adjustments (45,732) (45,522)
Net cash used for operating activities (42,026) (37,361)
Cash flows from investing activities:    
Maturities of investment securities 60,000 70,000
Purchase of held-to-maturity investment securities 0 (24,924)
Purchase of a business (1,125) 0
Purchase of property, plant and equipment (2,831) (2,817)
Purchase of intangibles (100) 0
Proceeds from sale of fixed assets 311 23
Net cash provided by investing activities 56,255 42,282
Cash flows from financing activities:    
Dividends paid (3,634) (3,321)
Purchase of treasury stock 0 (10,000)
Exercise of stock options, net of tax withholdings (32) 0
Payments for tax withholding on net restricted stock settlements (527) (518)
Tax effect on stock awards 278 234
Net cash used for financing activities (3,915) (13,605)
Net increase (decrease) in cash and cash equivalents 10,314 (8,684)
Cash and cash equivalents at beginning of period 19,927 36,429
Cash and cash equivalents at end of period $ 30,241 $ 27,745