FINANCIAL STATEMENTS FOR GUARANTORS OF THE 4.500% SENIOR UNSECURED NOTES (Tables)

6 Months Ended

Sep. 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 September 30, 2016	Parent			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	332,658		$	—		$	332,658
Cost of Goods Sold		—			241,448			—			241,448
Gross Profit		—			91,210			—			91,210
Equity in Earnings of Unconsolidated Joint Venture		12,147			12,147			(12,147	)		12,147
Equity in Earnings of Subsidiaries		61,469			—			(61,469	)		—
Corporate General and Administrative Expenses		(7,497	)		(1,335	)		—			(8,832	)
Other Income (Loss)		(137	)		641			—			504
Interest Expense, net		(12,354	)		6,698			—			(5,656	)
Earnings before Income Taxes		53,628			109,361			(73,616	)		89,373
Income Taxes		6,609			(35,745	)		—			(29,136	)
Net Earnings	$	60,237		$	73,616		$	(73,616	)	$	60,237
Net Earnings	$	60,237		$	73,616		$	(73,616	)	$	60,237
Net Actuarial Change in Benefit Plans, net of tax		312			312			(312	)		312
Comprehensive Earnings	$	60,549		$	73,928		$	(73,928	)	$	60,549

Condensed Consolidating Statement of Earnings and Comprehensive Earnings For the Three Months Ended September 30, 2015	Parent			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	328,988		$	—		$	328,988
Cost of Goods Sold		—			284,694			—			284,694
Gross Profit		—			44,294			—			44,294
Equity in Earnings of Unconsolidated Joint Venture		11,680			11,680			(11,680	)		11,680
Equity in Earnings of Subsidiaries		30,255			—			(30,255	)		—
Corporate General and Administrative Expenses		(8,040	)		(1,324	)		—			(9,364	)
Other Income (Loss)		(173	)		745			—			572
Interest Expense, net		(9,268	)		4,926			—			(4,342	)
Earnings before Income Taxes		24,454			60,321			(41,935	)		42,840
Income Taxes		5,365			(18,386	)		—			(13,021	)
Net Earnings	$	29,819		$	41,935		$	(41,935	)	$	29,819
Net Earnings	$	29,819		$	41,935		$	(41,935	)	$	29,819
Net Actuarial Change in Benefit Plans, net of tax		320			312			(312	)		320
Comprehensive Earnings	$	30,139		$	42,247		$	(42,247	)	$	30,139

Condensed Consolidating Statement of Earnings and Comprehensive Earnings For the Six Months Ended September 30, 2016	Parent			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	630,162		$	—		$	630,162
Cost of Goods Sold		—			466,997			—			466,997
Gross Profit		—			163,165			—			163,165
Equity in Earnings of Unconsolidated Joint Venture		20,127			20,127			(20,127	)		20,127
Equity in Earnings of Subsidiaries		111,172			—			(111,172	)		—
Corporate General and Administrative Expenses		(15,728	)		(2,937	)		—			(18,665	)
Other Income (Loss)		(214	)		1,793			—			1,579
Interest Expense, net		(22,365	)		12,808			—			(9,557	)
Earnings before Income Taxes		92,992			194,956			(131,299	)		156,649
Income Taxes		12,589			(63,657	)		—			(51,068	)
Net Earnings	$	105,581		$	131,299		$	(131,299	)	$	105,581
Net Earnings	$	105,581		$	131,299		$	(131,299	)	$	105,581
Net Actuarial Change in Benefit Plans, net of tax		624			624			(624	)		624
Comprehensive Earnings	$	106,205		$	131,923		$	(131,923	)	$	106,205

Condensed Consolidating Statement of Earnings and Comprehensive Earnings For the Six Months Ended September 30, 2015	Parent			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	613,951		$	—		$	613,951
Cost of Goods Sold		—			508,560			—			508,560
Gross Profit		—			105,391			—			105,391
Equity in Earnings of Unconsolidated Joint Venture		19,510			19,510			(19,510	)		19,510
Equity in Earnings of Subsidiaries		71,701			—			(71,701	)		—
Corporate General and Administrative Expenses		(15,731	)		(2,624	)		—			(18,355	)
Other Income (Loss)		(306	)		1,313			—			1,007
Interest Expense, net		(18,484	)		9,656			—			(8,828	)
Earnings before Income Taxes		56,690			133,246			(91,211	)		98,725
Income Taxes		10,891			(42,035	)		—			(31,144	)
Net Earnings	$	67,581		$	91,211		$	(91,211	)	$	67,581
Net Earnings	$	67,581		$	91,211		$	(91,211	)	$	67,581
Net Actuarial Change in Benefit Plans, net of tax		640			640			(640	)		640
Comprehensive Earnings	$	68,221		$	91,851		$	(91,851	)	$	68,221

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet At September 30, 2016	Parent			Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets -
Cash and Cash Equivalents	$	52,524		$	1,982		$	—		$	54,506
Accounts and Notes Receivable		562			154,679			—			155,241
Inventories		—			217,582			—			217,582
Income Tax Receivable		55,316			—			(54,270	)		1,046
Prepaid and Other Current Assets		4,273			2,488			—			6,761
Total Current Assets		112,675			376,731			(54,270	)		435,136
Property, Plant and Equipment -		2,846			2,086,653			—			2,089,499
Less: Accumulated Depreciation		(870	)		(854,278	)		—			(855,148	)
Property, Plant and Equipment, net		1,976			1,232,375			—			1,234,351
Notes Receivable		—			1,158			—			1,158
Deferred Income Taxes		3,799			—			(3,799	)		—
Investment in Joint Venture		42			47,810			—			47,852
Investments in Subsidiaries and Receivables from Affiliates		4,297,977			2,830,083			(7,128,060	)		—
Goodwill and Intangible Assets, net		—			162,506			—			162,506
Other Assets		5,979			21,153			—			27,132
	$	4,422,448		$	4,671,816		$	(7,186,129	)	$	1,908,135
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities-
Accounts Payable	$	6,183		$	56,298		$	—		$	62,481
Accrued Liabilities		18,047			35,746			—			53,793
Income Tax Payable		—			54,270			(54,270	)		—
Current Portion of Long-term Debt		8,000			—			—			8,000
Total Current Liabilities		32,230			146,314			(54,270	)		124,274
Long-term Debt		461,182			—			—			461,182
Other Long-term Liabilities		223			59,699			—			59,922
Payables to Affiliates		2,830,083			2,122,882			(4,952,965	)		—
Deferred Income Taxes		—			167,826			(3,799	)		164,027
Total Liabilities		3,323,718			2,496,721			(5,011,034	)		809,405
Total Stockholders’ Equity		1,098,730			2,175,095			(2,175,095	)		1,098,730
	$	4,422,448		$	4,671,816		$	(7,186,129	)	$	1,908,135

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 Six Months ended September 30, 2016	Parent			Guarantor Subsidiaries			Eliminations		Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES
Net Cash Provided by (Used in) Operating Activities	$	(78,298	)	$	238,450		$	—	$	160,152
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to Property, Plant and Equipment		(233	)		(17,998	)		—		(18,231	)
Net Cash Used in Investing Activities		(233	)		(17,998	)		—		(18,231	)
CASH FLOWS FROM FINANCING ACTIVITIES
Net Decrease in Long-term Debt		(32,000	)		—			—		(32,000	)
Payment of Debt Issuance Costs		(6,637	)							(6,637	)
Dividends Paid to Stockholders		(9,677	)		—			—		(9,677	)
Purchase and Retirement of Common Stock		(60,013	)		—			—		(60,013	)
Proceeds from Stock Option Exercises		12,992			—			—		12,992
Shares Redeemed to Settle Employee Taxes on Stock Compensation		(2,965	)		—			—		(2,965	)
Excess Tax Benefits from Share Based Payment Arrangements		5,494			—			—		5,494
Intra-entity Activity, net		220,354			(220,354	)		—		—
Net Cash Provided by (Used in) Financing Activities		127,548			(220,354	)		—		(92,806	)
NET INCREASE IN CASH AND CASH EQUIVALENTS		49,017			98			—		49,115
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		3,507			1,884			—		5,391
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	52,524		$	1,982		$	—	$	54,506

Condensed Consolidating Statement of Cash Flows Six Months ended September 30, 2015	Parent			Guarantor Subsidiaries			Eliminations		Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES
Net Cash Provided by (Used in) Operating Activities	$	(73,242)		$	180,831		$	—	$	107,589
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to Property, Plant and Equipment		—			(55,869	)		—		(55,869	)
Acquisition Spending					(32,427	)				(32,427	)
Net Cash Used in Investing Activities		—			(88,296	)		—		(88,296	)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of Credit Facility		(3,000	)		—			—		(3,000	)
Dividends Paid to Stockholders		(10,061	)		—			—		(10,061	)
Shares Redeemed to Settle Employee Taxes on Stock Compensation		(1,728	)		—			—		(1,728	)
Purchase and Retirement of Common Stock		(10,744	)		—			—		(10,744	)
Proceed from Stock Option Exercises		2,580			—			—		2,580
Excess Tax Benefits from Share Based Payment Arrangements		2,494			—			—		2,494
Intra-entity Activity, net		93,382			(93,382	)		—		—
Net Cash Provided by (Used in) Financing Activities		72,923			(93,382	)		—		(20,459	)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(319	)		(847	)		—		(1,166	)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		3,644			3,870			—		7,514
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	3,325		$	3,023		$	—	$	6,348