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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Net income $ 93,779 $ 21,414
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion 36,655 39,494
Provision for doubtful accounts 3,649 1,167
Deferred tax expense (benefit) 12,332 (37,024)
Stock-based compensation 10,591 4,024
Excess tax benefits from stock compensation 1,865 1,331
Loss on sale of assets 332 471
Impairment of goodwill 0 113,944
Impairment of long-lived assets 1,900 10,089
Restructuring charges 1,667 7,577
Changes in operating assets and liabilities:    
Trade accounts receivable, net (77,600) (54,169)
Inventories, net (97,458) (73,591)
Prepaid expenses and other current assets (9,075) (20,029)
Income tax receivable 20,797 20,514
Other assets (1,267) 1,943
Trade accounts payable 103,310 72,158
Accrued expenses 62,026 32,776
Income taxes payable 28,765 25,839
Long-term liabilities 60,828 133
Net cash provided by operating activities 253,096 168,061
Cash flows from investing activities:    
Purchases of property and equipment, net (21,402) (36,710)
Net cash used in investing activities (21,402) (36,710)
Cash flows from financing activities:    
Proceeds from short-term borrowings 214,751 405,988
Repayments of short-term borrowings (214,889) (439,109)
Proceeds from issuance of stock for employee stock purchase plan 353 412
Cash paid for shares withheld for taxes (7,716) (6,313)
Cash paid for repurchases of common stock (24,687) (12,572)
Contingent consideration paid 0 (19,784)
Repayment of mortgage principal (404) (384)
Net cash used in financing activities (32,592) (71,762)
Effect of foreign currency exchange rates on cash 2,136 (9,117)
Net change in cash and cash equivalents 201,238 50,472
Cash and cash equivalents at beginning of period 291,764 245,956
Cash and cash equivalents at end of period 493,002 296,428
Cash paid (refunded) during the period for:    
Income taxes refunded, net of payments ($10,261 and $9,036 as of December 31, 2017 and 2016, respectively) (11,989) (7,968)
Payments for Income Taxes 10,261 9,036
Interest 3,156 4,179
Non-cash investing and financing activities:    
Accrued for purchases of property and equipment 1,677 3,230
Accrued for asset retirement obligations $ 853 $ 2,350