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FINANCIAL STATEMENTS FOR GUARANTORS OF THE SENIOR NOTES (Tables) | 3 Months Ended
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Jun. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract] |
Condensed Consolidating Statement of Earnings and Comprehensive Earnings |
Condensed Consolidating Statement of Earnings and Comprehensive Earnings For the Three Months Ended June 30, 2016 | Parent |  |  | Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Revenues | $ | — |  |  | $ | 297,504 |  |  | $ | — |  |  | $ | 297,504 |
Cost of Goods Sold |  | — |  |  |  | 225,549 |  |  |  | — |  |  |  | 225,549 |
Gross Profit |  | — |  |  |  | 71,955 |  |  |  | — |  |  |  | 71,955 |
Equity in Earnings of Unconsolidated Joint Venture |  | 7,980 |  |  |  | 7,980 |  |  |  | (7,980 | ) |  |  | 7,980 |
Equity in Earnings of Subsidiaries |  | 49,703 |  |  |  | — |  |  |  | (49,703 | ) |  |  | — |
Corporate General and Administrative Expenses |  | (8,231 | ) |  |  | (1,602 | ) |  |  | — |  |  |  | (9,833 | )
Other Income (Loss) |  | (77 | ) |  |  | 1,152 |  |  |  | — |  |  |  | 1,075 |
Interest Expense, net |  | (10,011 | ) |  |  | 6,110 |  |  |  | — |  |  |  | (3,901 | )
Earnings before Income Taxes |  | 39,364 |  |  |  | 85,595 |  |  |  | (57,683 | ) |  |  | 67,276 |
Income Taxes |  | 5,980 |  |  |  | (27,912 | ) |  |  | — |  |  |  | (21,932 | )
Net Earnings | $ | 45,344 |  |  | $ | 57,683 |  |  | $ | (57,683 | ) |  | $ | 45,344 |
Net Earnings | $ | 45,344 |  |  | $ | 57,683 |  |  | $ | (57,683 | ) |  | $ | 45,344 |
Net Actuarial Change in Benefit Plans, net of tax |  | 312 |  |  |  | 312 |  |  |  | (312 | ) |  |  | 312 |
Comprehensive Earnings | $ | 45,656 |  |  | $ | 57,995 |  |  | $ | (57,995 | ) |  | $ | 45,656 |
Condensed Consolidating Statement of Earnings and Comprehensive Earnings For the Three Months Ended June 30, 2015 | Parent |  |  | Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Revenues | $ | — |  |  | $ | 284,963 |  |  | $ | — |  |  | $ | 284,963 |
Cost of Goods Sold |  | — |  |  |  | 223,866 |  |  |  | — |  |  |  | 223,866 |
Gross Profit |  | — |  |  |  | 61,097 |  |  |  | — |  |  |  | 61,097 |
Equity in Earnings of Unconsolidated Joint Venture |  | 7,830 |  |  |  | 7,830 |  |  |  | (7,830 | ) |  |  | 7,830 |
Equity in Earnings of Subsidiaries |  | 41,446 |  |  |  | — |  |  |  | (41,446 | ) |  |  | — |
Corporate General and Administrative Expenses |  | (7,691 | ) |  |  | (1,300 | ) |  |  | — |  |  |  | (8,991 | )
Other Income |  | (133 | ) |  |  | 568 |  |  |  | — |  |  |  | 435 |
Interest Expense, net |  | (9,216 | ) |  |  | 4,730 |  |  |  | — |  |  |  | (4,486 | )
Earnings before Income Taxes |  | 32,236 |  |  |  | 72,925 |  |  |  | (49,276 | ) |  |  | 55,885 |
Income Taxes |  | 5,526 |  |  |  | (23,649 | ) |  |  | — |  |  |  | (18,123 | )
Net Earnings | $ | 37,762 |  |  | $ | 49,276 |  |  | $ | (49,276 | ) |  | $ | 37,762 |
Net Earnings | $ | 37,762 |  |  | $ | 49,276 |  |  | $ | (49,276 | ) |  | $ | 37,762 |
Net Actuarial Change in Benefit Plans, net of tax |  | 131 |  |  |  | 131 |  |  |  | (131 | ) |  |  | 131 |
Comprehensive Earnings | $ | 37,893 |  |  | $ | 49,407 |  |  | $ | (49,407 | ) |  | $ | 37,893 |
Condensed Consolidating Balance Sheet |
Condensed Consolidating Balance Sheet At June 30, 2016 | Parent |  |  | Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current Assets - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents | $ | 4,208 |  |  | $ | 4,972 |  |  | $ | — |  |  | $ | 9,180 |
Accounts and Notes Receivable |  | 1,135 |  |  |  | 141,163 |  |  |  | — |  |  |  | 142,298 |
Inventories |  | — |  |  |  | 240,999 |  |  |  | — |  |  |  | 240,999 |
Income Tax Receivable |  | 17,349 |  |  |  | — |  |  |  | (17,349 | ) |  |  | — |
Prepaid and Other Current Assets |  | 1,485 |  |  |  | 6,535 |  |  |  | — |  |  |  | 8,020 |
Total Current Assets |  | 24,177 |  |  |  | 393,669 |  |  |  | (17,349 | ) |  |  | 400,497 |
Property, Plant and Equipment - |  | 2,613 |  |  |  | 2,080,979 |  |  |  | — |  |  |  | 2,083,592 |
Less: Accumulated Depreciation |  | (842 | ) |  |  | (836,400 | ) |  |  | — |  |  |  | (837,242 | )
Property, Plant and Equipment, net |  | 1,771 |  |  |  | 1,244,579 |  |  |  | — |  |  |  | 1,246,350 |
Notes Receivable |  | — |  |  |  | 2,652 |  |  |  | — |  |  |  | 2,652 |
Deferred Income Taxes |  | 3,974 |  |  |  | — |  |  |  | (3,974 | ) |  |  | — |
Investment in Joint Venture |  | 37 |  |  |  | 48,663 |  |  |  | — |  |  |  | 48,700 |
Investments in Subsidiaries and Receivables from Affiliates |  | 4,219,567 |  |  |  | 2,682,721 |  |  |  | (6,902,288 | ) |  |  | — |
Goodwill and Intangible Assets, net |  | — |  |  |  | 163,298 |  |  |  | — |  |  |  | 163,298 |
Other Assets |  | 5,473 |  |  |  | 22,115 |  |  |  | — |  |  |  | 27,588 |
| $ | 4,254,999 |  |  | $ | 4,557,697 |  |  | $ | (6,923,611 | ) |  | $ | 1,889,085 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current Liabilities- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts Payable | $ | 6,320 |  |  | $ | 55,002 |  |  | $ | — |  |  | $ | 61,322 |
Accrued Liabilities |  | 10,563 |  |  |  | 29,946 |  |  |  | — |  |  |  | 40,509 |
Income Tax Payable |  | — |  |  |  | 27,268 |  |  |  | (17,349 | ) |  |  | 9,919 |
Current Portion of Long-term Debt |  | 8,000 |  |  |  | — |  |  |  | — |  |  |  | 8,000 |
Total Current Liabilities |  | 24,883 |  |  |  | 112,216 |  |  |  | (17,349 | ) |  |  | 119,750 |
Long-term Debt |  | 490,714 |  |  |  | — |  |  |  | — |  |  |  | 490,714 |
Other Long-term Liabilities |  | 239 |  |  |  | 58,403 |  |  |  | — |  |  |  | 58,642 |
Payables to Affiliates |  | 2,682,720 |  |  |  | 2,133,303 |  |  |  | (4,816,023 | ) |  |  | — |
Deferred Income Taxes |  | — |  |  |  | 167,510 |  |  |  | (3,974 | ) |  |  | 163,536 |
Total Liabilities |  | 3,198,556 |  |  |  | 2,471,432 |  |  |  | (4,837,346 | ) |  |  | 832,642 |
Total Stockholders’ Equity |  | 1,056,443 |  |  |  | 2,086,265 |  |  |  | (2,086,265 | ) |  |  | 1,056,443 |
| $ | 4,254,999 |  |  | $ | 4,557,697 |  |  | $ | (6,923,611 | ) |  | $ | 1,889,085 |
Condensed Consolidating Balance Sheet At March 31, 2016 | Parent |  |  | Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current Assets - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents | $ | 3,507 |  |  | $ | 1,884 |  |  | $ | — |  |  | $ | 5,391 |
Accounts and Notes Receivable |  | 324 |  |  |  | 119,897 |  |  |  | — |  |  |  | 120,221 |
Inventories |  | — |  |  |  | 243,595 |  |  |  | — |  |  |  | 243,595 |
Income Tax Receivable |  | — |  |  |  | 6,731 |  |  |  | (1,108 | ) |  |  | 5,623 |
Prepaid and Other Current Assets |  | 1,365 |  |  |  | 3,808 |  |  |  | — |  |  |  | 5,173 |
Total Current Assets |  | 5,196 |  |  |  | 375,915 |  |  |  | (1,108 | ) |  |  | 380,003 |
Property, Plant and Equipment - |  | 2,612 |  |  |  | 2,070,164 |  |  |  | — |  |  |  | 2,072,776 |
Less: Accumulated Depreciation |  | (814 | ) |  |  | (816,651 | ) |  |  | — |  |  |  | (817,465 | )
Property, Plant and Equipment, net |  | 1,798 |  |  |  | 1,253,513 |  |  |  | — |  |  |  | 1,255,311 |
Notes Receivable |  | — |  |  |  | 2,672 |  |  |  | — |  |  |  | 2,672 |
Deferred Income Taxes |  | 3,375 |  |  |  | — |  |  |  | (3,375 | ) |  |  | — |
Investment in Joint Venture |  | 33 |  |  |  | 49,432 |  |  |  | — |  |  |  | 49,465 |
Investments in Subsidiaries and Receivables from Affiliates |  | 4,085,806 |  |  |  | 2,529,480 |  |  |  | (6,615,286 | ) |  |  | — |
Goodwill and Intangible Assets, net |  | — |  |  |  | 165,827 |  |  |  | — |  |  |  | 165,827 |
Other Assets |  | 5,557 |  |  |  | 24,800 |  |  |  | — |  |  |  | 30,357 |
| $ | 4,101,765 |  |  | $ | 4,401,639 |  |  | $ | (6,619,769 | ) |  | $ | 1,883,635 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current Liabilities- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts Payable | $ | 6,968 |  |  | $ | 59,646 |  |  | $ | — |  |  | $ | 66,614 |
Accrued Liabilities |  | 15,708 |  |  |  | 30,267 |  |  |  | — |  |  |  | 45,975 |
Income Tax Payable |  | 1,108 |  |  |  | — |  |  |  | (1,108 | ) |  |  | — |
Current Portion of Long-term Debt |  | 8,000 |  |  |  | — |  |  |  | — |  |  |  | 8,000 |
Total Current Liabilities |  | 31,784 |  |  |  | 89,913 |  |  |  | (1,108 | ) |  |  | 120,589 |
Long-term Debt |  | 499,714 |  |  |  | — |  |  |  | — |  |  |  | 499,714 |
Other Long-term Liabilities |  | 256 |  |  |  | 60,866 |  |  |  | — |  |  |  | 61,122 |
Payables to Affiliates |  | 2,529,480 |  |  |  | 2,042,633 |  |  |  | (4,572,113 | ) |  |  | — |
Deferred Income Taxes |  | — |  |  |  | 165,054 |  |  |  | (3,375 | ) |  |  | 161,679 |
Total Liabilities |  | 3,061,234 |  |  |  | 2,358,466 |  |  |  | (4,576,596 | ) |  |  | 843,104 |
Total Stockholders’ Equity |  | 1,040,531 |  |  |  | 2,043,173 |  |  |  | (2,043,173 | ) |  |  | 1,040,531 |
| $ | 4,101,765 |  |  | $ | 4,401,639 |  |  | $ | (6,619,769 | ) |  | $ | 1,883,635 |
Condensed Consolidated Statement of Cash Flows |
Condensed Consolidating Statement of Cash Flows Three Months ended June 30, 2016 | Parent |  |  | Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Cash Provided by (Used in) Operating Activities | $ | (35,457 | ) |  | $ | 89,540 |  |  | $ | — |  |  | $ | 54,083 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Additions to Property, Plant and Equipment |  | — |  |  |  | (8,978 | ) |  |  | — |  |  |  | (8,978 | )
Net Cash Used in Investing Activities |  | — |  |  |  | (8,978 | ) |  |  | — |  |  |  | (8,978 | )
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Increase in Credit Facility |  | (9,000 | ) |  |  | — |  |  |  | — |  |  |  | (9,000 | )
Dividends Paid to Stockholders |  | (4,828 | ) |  |  | — |  |  |  | — |  |  |  | (4,828 | )
Purchase and Retirement of Common Stock |  | (39,135 | ) |  |  | — |  |  |  | — |  |  |  | (39,135 | )
Proceeds from Stock Option Exercises |  | 10,632 |  |  |  | — |  |  |  | — |  |  |  | 10,632 |
Shares Redeemed to Settle Employee Taxes on Stock Compensation |  | (2,284 | ) |  |  | — |  |  |  | — |  |  |  | (2,284 | )
Excess Tax Benefits from Share Based Payment Arrangements |  | 3,299 |  |  |  | — |  |  |  | — |  |  |  | 3,299 |
Intra-entity Activity, net |  | 77,474 |  |  |  | (77,474 | ) |  |  | — |  |  |  | — |
Net Cash Provided by (Used in) Financing Activities |  | 36,158 |  |  |  | (77,474 | ) |  |  | — |  |  |  | (41,316 | )
NET INCREASE IN CASH AND CASH EQUIVALENTS |  | 701 |  |  |  | 3,088 |  |  |  | — |  |  |  | 3,789 |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |  | 3,507 |  |  |  | 1,884 |  |  |  | — |  |  |  | 5,391 |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | $ | 4,208 |  |  | $ | 4,972 |  |  | $ | — |  |  | $ | 9,180 |
Condensed Consolidating Statement of Cash Flows Three Months ended June 30, 2015 | Parent |  |  | Guarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Cash Provided by (Used in) Operating Activities | $ | (35,394 | ) |  | $ | 56,009 |  |  | $ | — |  |  | $ | 20,615 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Additions to Property, Plant and Equipment |  | — |  |  |  | (27,122 | ) |  |  | — |  |  |  | (27,122 | )
Net Cash Used in Investing Activities |  | — |  |  |  | (27,122 | ) |  |  | — |  |  |  | (27,122 | )
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Increase in Credit Facility |  | 11,000 |  |  |  | — |  |  |  | — |  |  |  | 11,000 |
Dividends Paid to Stockholders |  | (5,025 | ) |  |  | — |  |  |  | — |  |  |  | (5,025 | )
Purchase and Retirement of Common Stock |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Proceeds from Stock Option Exercises |  | 950 |  |  |  | — |  |  |  | — |  |  |  | 950 |
Shares Redeemed to Settle Employee Taxes on Stock Compensation |  | (1,523 | ) |  |  | — |  |  |  | — |  |  |  | (1,523 | )
Excess Tax Benefits from Share Based Payment Arrangements |  | 1,142 |  |  |  | — |  |  |  | — |  |  |  | 1,142 |
Intra-entity Activity, net |  | 30,048 |  |  |  | (30,048 | ) |  |  | — |  |  |  | — |
Net Cash Provided by (Used in) Financing Activities |  | 36,592 |  |  |  | (30,048 | ) |  |  | — |  |  |  | 6,544 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |  | 1,198 |  |  |  | (1,161 | ) |  |  | — |  |  |  | 37 |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |  | 3,644 |  |  |  | 3,870 |  |  |  | — |  |  |  | 7,514 |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | $ | 4,482 |  |  | $ | 2,709 |  |  | $ | — |  |  | $ | 7,551 |

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