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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES      
Net income $ 264,308 $ 114,394 $ 5,710
Reconciliation of net income to cash provided by operating activities:      
Depreciation, amortization and accretion 44,941 48,572 52,628
Amortization on debt issuance costs 286 375 375
Loss on extinguishment of debt 447 0 0
Bad debt expense 2,849 4,168 2,847
Deferred tax expense (benefit) 6,939 8,138 (24,495)
Stock-based compensation 14,585 14,157 6,011
Employee stock purchase plan 189 150 164
Loss on disposal of property and equipment 277 387 538
Impairment of goodwill 0 0 113,944
Impairment of intangible and other long-lived assets 180 2,417 13,222
Restructuring charges 295 1,667 28,984
Changes in operating assets and liabilities:      
Trade accounts receivable, net (16,157) 10,770 (1,336)
Inventories, net 8,827 (751) 1,060
Prepaid expenses and other current assets (515) 11,124 7,975
Income tax receivable (165) 26,999 (1,331)
Other assets 2,344 (2,090) 1,882
Trade accounts payable 31,035 (2,184) (7,825)
Accrued expenses (7,160) 28,627 (403)
Income taxes payable 3,809 (1,693) (3,643)
Long-term liabilities 2,191 62,128 3,023
Net cash provided by operating activities 359,505 327,355 199,330
INVESTING ACTIVITIES      
Purchases of property and equipment (29,086) (34,813) (44,499)
Proceeds from sale of property and equipment, net 68 116 0
Net cash used in investing activities (29,018) (34,697) (44,499)
FINANCING ACTIVITIES      
Proceeds from short-term borrowings 162,001 214,751 405,988
Repayments of short-term borrowings (161,621) (214,889) (468,938)
Debt issuance costs on short-term borrowings (1,297) 0 0
Proceeds on issuance of stock for employee stock purchase plan 1,024 765 798
Cash paid for repurchase of common stock (161,395) (149,687) (12,572)
Cash paid for shares withheld for taxes (5,328) (8,105) (8,452)
Contingent consideration paid 0 0 (20,058)
Repayment of mortgage principal (578) (550) (523)
Net cash used in financing activities (167,194) (157,715) (103,757)
Effect of foreign currency exchange rates on cash (3,571) 3,263 (5,266)
Net change in cash and cash equivalents 159,722 138,206 45,808
Cash and cash equivalents at beginning of period 429,970 291,764 245,956
Cash and cash equivalents at end of period 589,692 429,970 291,764
Cash paid during the period for      
Income taxes, net of refunds of $3,824, $23,133 and $17,132, as of March 31, 2019, 2018 and 2017, respectively 53,657 14,407 14,099
Interest 3,811 3,774 5,494
Non-cash investing and financing activities:      
Accrued for purchases of property and equipment 1,789 2,020 1,101
Accrued for asset retirement obligations 4,706 1,359 2,359
Accrued for shares withheld for taxes $ 0 $ 171 $ 0