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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net income $ 12,054 $ 8,544
Adjustments to reconcile net income to net cash provided by operating activities, net of assets acquired and liabilities assumed:    
Depreciation and amortization 8,273 10,478
Provision for receivable allowances 7,518 4,811
Net change in inventory provision 1,433 640
Stock-based compensation 2,551 2,529
Loss (gain) on investments (811) 635
Deferred income taxes 2,257
Foreign currency adjustments on intercompany amounts and other non-cash items 1,059 505
Impairment of acquisition-related intangible assets 1,391
Changes in operating assets and liabilities, net of business acquired:    
Accounts receivable (6,716) 1,667
Inventories (3,152) (7,778)
Prepaid expenses and other assets (2,186) (1,065)
Accounts payable (149) 1,715
Accrued expenses and other liabilities 4,222 (338)
Pension liabilities (608) (938)
Net cash provided by operating activities 24,879 23,662
Cash flows from investing activities:    
Purchase of businesses, net of cash and cash equivalents acquired and installment payments (14,472)
Purchases of investments (3,540) (629)
Purchases of plant and equipment (6,202) (5,265)
Proceeds from sale of investments 805 26
Net cash used in investing activities (8,937) (20,340)
Cash flows from financing activities:    
Principal payments on capital lease obligations (454)
Repayments of loans and notes payable (8,804) (46,247)
Proceeds from loans 82,967
Proceeds from employee equity plans 1,921 4,251
Purchases of treasury stock (6,440)
Payment of cash dividends to stockholders (1,258) (3,635)
Net cash provided by (used in) financing activities (8,141) 30,442
Effect of exchange rate fluctuations on cash and cash equivalents (4,082) (234)
Net increase in cash and cash equivalents 3,719 33,530
Cash and cash equivalents and restricted cash at beginning of period (1) [1] 156,083 121,430
Cash and cash equivalents and restricted cash at end of period (2) [2] $ 159,802 $ 154,960
[1] Includes restricted cash of $277,000 and $266,000 as of March 31, 2016 and 2015, respectively.
[2] Includes restricted cash of $1.3 million and $722,000 as of December 31, 2016 and 2015, respectively.