XML 35 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 38,781 $ 40,861
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,743 10,265
Amortization of debt issuance costs 725 725
Stock-based compensation 18,018 16,316
Deferred income taxes 4,384 2,499
Provision for excess and obsolete inventories 900 1,674
Restructuring and related charges (credits) 2,522 (1,463)
Cash payments for restructuring charges (2,429) (3,736)
Other operating activities (1,141) (849)
Changes in assets and liabilities:    
Accounts receivable, net 1,246 (8,366)
Inventory, net (5,844) (1,102)
Current and other assets (4,539) (2,331)
Accounts payable 3,205 4,120
Accrued liabilities (9,388) 10,444
Income taxes (7,890) (2,305)
Cash provided by operating activities 49,293 66,752
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of investments 30,895 125,504
Proceeds from maturities of investments 106,661 63,853
Purchase of investments (133,949) (192,349)
Capital expenditures (6,752) (14,191)
Cash used for investing activities (3,145) (17,183)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchase of common stock (39,222) (26,828)
Employees' tax withheld and paid for restricted stock and restricted stock units (10,789) (9,123)
Proceeds from issuances under stock-based compensation plans 11,950 5,752
Payment of cash dividends (10,057) (9,971)
Other financing activity 0 761
Cash used for financing activities (48,118) (39,409)
Effect of exchange rate changes on cash and cash equivalents 3,116 (971)
Net increase in cash and cash equivalents 1,146 9,189
Cash and cash equivalents at beginning of period 301,970 235,266
Cash and cash equivalents at end of period 303,116 244,455
SUPPLEMENTAL NON-CASH DISCLOSURES    
Accounts payable for purchases of property, plant and equipment $ 3,407 $ 2,718