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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating activities:    
Net loss $ (563,039) $ (78,766)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 129,699 137,058
Provision for deferred income taxes   192
Gain on asset dispositions, net (18,035) (19,345)
Asset impairments [1] 419,870 61,771
Equity in earnings (losses) of unconsolidated companies, less dividends (2,551) 22,087
Compensation expense - stock-based 4,166 9,960
Changes in assets and liabilities, net:    
Trade and other receivables 53,778 38,726
Changes in due to/from affiliate, net (4,132) 68,177
Marine operating supplies 2,693 9,786
Other current assets (6,065) 1,711
Accounts payable 1,341 6,862
Accrued expenses (27,954) (51,068)
Accrued property and liability losses 253 (226)
Other current liabilities (22,798) (17,239)
Other liabilities and deferred credits (4,541) 2,406
Other, net (3,014) (699)
Net cash provided by (used in) operating activities (40,329) 191,393
Cash flows from investing activities:    
Proceeds from sales of assets 12,333 8,218
Additions to properties and equipment (17,144) (152,225)
Refunds from cancelled vessel construction contracts 25,565 36,190
Net cash provided by (used in) investing activities 20,754 (107,817)
Cash flows from financing activities:    
Principal payment on long-term debt (7,337) (109,163)
Debt borrowings   31,338
Cash dividends   (35,378)
Other (1,722) (961)
Net cash used in financing activities (9,059) (114,164)
Net change in cash and cash equivalents (28,634) (30,588)
Cash and cash equivalents at beginning of period 678,438 78,568
Cash and cash equivalents at end of period 649,804 47,980
Cash paid during the period for:    
Interest, net of amounts capitalized 62,469 47,608
Income taxes 24,749 38,208
Supplemental disclosure of non-cash investing activities:    
Additions to properties and equipment $ 5,330 $ 146
[1] Refer to Note (15) for additional information regarding asset impairment charges.