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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:      
Net loss $ (198,083) $ (176,890) $ (77,149)
Adjustments to reconcile loss to net cash provided by operating activities:      
Depreciation and amortization 124,042 118,748 136,812
Deferred income taxes (49,334) 15,720 (51,643)
Write-off of deferred financing fees 2,969 923 0
Discount amortization on long-term debt 1,701 1,606 1,000
Loss on disposal of assets 17,595 14,499 30,693
Loss on impairment 91,400 16,278 55,104
Deferral of lease payments 3,991 0 0
Stock-based compensation 10,436 12,352 21,181
Equity in earnings from unconsolidated affiliates less than (in excess of) dividends received (3,780) (4,438) 2,619
Increase (decrease) in cash resulting from changes in:      
Accounts receivable (32,459) 23,759 46,608
Inventories (2,154) (1,958) (3,380)
Prepaid expenses and other assets 11,913 1,267 493
Accounts payable (3,385) 15,052 13,316
Accrued liabilities 6,070 (19,713) (34,035)
Other liabilities and deferred credits (466) (5,668) (23,388)
Net cash provided by (used in) operating activities (19,544) 11,537 118,231
Cash flows from investing activities:      
Capital expenditures (46,287) (135,110) (372,375)
Proceeds from asset dispositions 48,740 18,471 60,035
Investment in unconsolidated affiliate 0 0 (4,410)
Proceeds from OEM cost recoveries 94,463 0 0
Deposit received on aircraft held for sale 0 290 0
Net cash provided by (used in) investing activities 96,916 (116,349) (316,750)
Cash flows from financing activities:      
Proceeds from borrowings 896,874 708,267 928,802
Payment of contingent consideration 0 (10,000) (9,453)
Debt issuance costs (20,560) (8,010) (5,139)
Repayment of debt and debt redemption premiums (671,567) (570,328) (677,003)
Purchase of 4½% Convertible Senior Notes call option (40,393) 0 0
Proceeds from issuance of warrants 30,259 0 0
Partial prepayment of put/call obligation (49) (49) (55)
Acquisition of noncontrolling interests 0 0 (7,309)
Dividends paid to noncontrolling interest (331) (2,533) (153)
Common stock dividends paid (2,465) (9,831) (38,076)
Repurchases for tax withholdings on vesting of equity awards (2,740) (835) (2,205)
Net cash provided by financing activities 189,028 106,681 189,409
Effect of exchange rate changes on cash and cash equivalents 17,167 (9,523) 9,274
Net increase (decrease) in cash and cash equivalents 283,567 (7,654) 164
Cash and cash equivalents at beginning of period 96,656 104,310 104,146
Cash and cash equivalents at end of period 380,223 96,656 104,310
Supplemental disclosure of non-cash investing activities:      
Deferred sale leaseback advance 0 0 18,285
Completion of deferred sale leaseback 0 0 (74,480)
Aircraft sold for future spare parts and maintenance 0 0 1,228
Aircraft purchased with short-term borrowings $ 0 $ 0 $ 24,394