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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 24,180$ 59,756
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization48,13940,299
Deferred income taxes(10,237)4,385
Amortization of debt discount1,6661,565
Gain (loss) on disposal of assets195(3,615)
Impairment of inventories24,6100
Gain on sales of joint ventures0(572)
Stock-based compensation7,4808,019
Equity in earnings from unconsolidated affiliates less than dividends received5,285(890)
Tax benefit related to stock-based compensation(109)(179)
Increase (decrease) in cash resulting from changes in:  
Accounts receivable(6,352)(24,940)
Inventories7,916(3,000)
Prepaid expenses and other assets3,297(14,363)
Accounts payable5,3829,774
Accrued liabilities4,863(2,917)
Other liabilities and deferred credits678(4,138)
Net cash provided by operating activities116,99369,184
Cash flows from investing activities:  
Capital expenditures(149,262)(63,943)
Deposits on assets held for sale01,000
Proceeds from sales of joint ventures01,291
Proceeds from asset dispositions12,04017,178
Net cash used in investing activities(137,222)(44,474)
Cash flows from financing activities:  
Proceeds from borrowings88,49310,012
Repayment of debt(32,518)(7,630)
Distributions to noncontrolling interest owners0(637)
Partial prepayment of put/call obligation(31)(28)
Acquisition of noncontrolling interest(262)(800)
Common stock dividends paid(10,833)0
Issuance of common stock1,629111
Tax benefit related to stock-based compensation109179
Net cash provided by (used in) financing activities46,5871,207
Effect of exchange rate changes on cash and cash equivalents(2,440)4,791
Net increase (decrease) in cash and cash equivalents23,91830,708
Cash and cash equivalents at beginning of period116,36177,793
Cash and cash equivalents at end of period140,279108,501
Supplemental disclosure of cash flow information:  
Interest18,93722,856
Income taxes$ 9,171$ 7,559