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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES    
Net loss $ (7,973) $ (19,351)
Reconciliation of net loss to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion 9,276 10,345
Bad debt expense (benefit) 2,664 (937)
Deferred tax benefit (14) (1,646)
Stock-based compensation 3,687 3,473
Excess tax benefit from stock-based compensation (15) (580)
(Gain) Loss on disposal of property and equipment (22) 59
Impairment of operating lease assets and other long-lived assets 2,680 0
Changes in operating assets and liabilities:    
Trade accounts receivable, net 47,709 19,860
Inventories, net (123,355) (194,552)
Prepaid expenses and other current assets (2,895) (7,172)
Income tax receivable (6,852) (1,499)
Net operating lease assets and liabilities (1,051) (1,033)
Other assets (1,273) (547)
Trade accounts payable 106,203 175,129
Other accrued expenses (12,091) (8,598)
Income taxes payable 1,573 (18,625)
Long-term liabilities 2,918 (955)
Net cash provided by (used in) operating activities 21,169 (46,629)
INVESTING ACTIVITIES    
Purchases of property and equipment (9,253) (7,393)
Proceeds from sales of property and equipment 41 227
Net cash used in investing activities (9,212) (7,166)
FINANCING ACTIVITIES    
Proceeds from exercise of stock options 247 2,773
Repurchases of common stock 0 (35,005)
Cash paid for shares withheld for taxes (90) (374)
Repayments of mortgage principal (154) (146)
Net cash provided by (used in) financing activities 3 (32,752)
Effect of foreign currency exchange rates on cash and cash equivalents 545 (519)
Net change in cash and cash equivalents 12,505 (87,066)
Cash and cash equivalents at beginning of period 649,436 589,692
Cash and cash equivalents at end of period 661,941 502,626
Cash paid during the period    
Income taxes, net of refunds of $797 and $4,293, as of June 30, 2020 and 2019, respectively 4,216 11,833
Interest 756 563
Operating leases 14,185 15,265
Non-cash investing activities    
Accrued for purchases of property and equipment $ 514 $ 1,116