XML 73 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:      
Net income (loss) $ 6,046 $ 7,648 $ 30,306
Adjustments to reconcile net income to net cash provided by operating activities, net of assets acquired and liabilities assumed:      
Depreciation and amortization 21,274 12,492 13,467
Provision for receivable allowances 8,563 10,064 8,524
Write-down of goodwill and other intangibles 0 0 6,448
Write-down of marketable equity securities 7 1,342 0
Net change in inventory provision 1,724 1,295 1,322
Stock-based compensation 2,785 3,451 3,779
Deferred income taxes (551) 2,495 1,696
Tax impacts due to employee equity incentive plans (152) 38 (663)
Loss on disposal of plant and equipment 0 0 71
Gain on investments (542) (362) (217)
Other non-cash items, net 854 220 (1,212)
Changes in operating assets and liabilities, net of business acquired:      
Accounts receivable (14,755) (487) (2,795)
Inventories (6,296) (839) (13,420)
Prepaid expenses and other current assets (5,518) (3,878) 2,842
Other assets (968) 832 540
Accounts payable 2,067 (1,304) (2,006)
Accrued expenses and other liabilities 5,698 (744) (3,634)
Pension liabilities (907) (626) (602)
Net cash provided by (used in) operating activities 19,329 31,637 44,446
Cash flows from investing activities:      
Change in restricted cash (23) 195 84
Purchase of businesses, net of deferred payments (20,000) 0 0
Purchases of investments 0 (4,538) (1,048)
Purchases of plant and equipment (7,623) (7,192) (11,842)
Proceeds from sale of investments 512 453 431
Net cash used in investing activities (27,134) (11,082) (12,375)
Cash flows from financing activities:      
Principal payments on capital lease obligations (2,570) (2,774) (3,222)
Repayments of loans and notes payable (1,000) (1,667) (1,374)
Proceeds from loans 0 0 423
Tax impacts due to employee equity incentive plans 152 (38) 663
Purchases of treasury stock (602) (6,505) (7,576)
Payment of cash dividends to stockholders (3,744) (1,854) 0
Proceeds from employee equity plans 4,420 1,982 3,379
Net cash used in financing activities (3,344) (10,856) (7,707)
Effect of exchange rate fluctuations on cash and cash equivalents 2,471 (1,187) (1,166)
Net increase (decrease) in cash and cash equivalents (8,678) 8,512 23,198
Cash and cash equivalents at beginning of the year 107,116 98,604 75,406
Cash and cash equivalents at end of the year 98,438 107,116 98,604
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 801 897 1,129
Cash paid during the period for income taxes 4,760 126 11,329
Supplemental disclosure of noncash investing and financing activities:      
Fixed assets acquired under capital leases and loans $ 0 $ 0 $ 5,764