XML 20 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Earnings $ 161,968 $ 113,429
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities -    
Depreciation, Depletion and Amortization 67,894 74,245
Impairment of Intangible Assets   28,354
Inventory Adjustment to Net Realizable Value 8,492 9,382
Deferred Income Tax Provision 2,751 (6,478)
Stock Compensation Expense 9,067 12,293
Excess Tax Benefits from Share Based Payment Arrangements (8,546) (2,504)
Equity in Earnings of Unconsolidated Joint Venture (31,371) (29,993)
Distributions from Joint Venture 33,250 27,250
Changes in Operating Assets and Liabilities:    
Accounts and Notes Receivable 6,613 11,765
Inventories 12,320 (3,974)
Accounts Payable and Accrued Liabilities 6,633 (10,228)
Other Assets 413 (1,484)
Income Taxes Payable 19,384 (5,767)
Net Cash Provided by Operating Activities 288,868 216,290
CASH FLOWS FROM INVESTING ACTIVITIES    
Property, Plant and Equipment Additions (34,043) (75,536)
Acquisition Spending   (32,427)
Net Cash Used in Investing Activities (34,043) (107,963)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase (Decrease) in Credit Facility (382,000) 45,000
Repayment of Senior Notes (8,000) (57,045)
Issuance of Long-term Debt 350,000  
Payment of Debt Issuance Costs (6,637)  
Dividends Paid to Stockholders (14,500) (15,078)
Shares Redeemed to Settle Employee Taxes on Stock Compensation (3,084) (1,815)
Purchase and Retirement of Common Stock (60,013) (76,231)
Proceeds from Stock Option Exercises 20,137 2,580
Excess Tax Benefits from Share Based Payment Arrangements 8,546 2,504
Net Cash Used in Financing Activities (95,551) (100,085)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 159,274 8,242
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 5,391 7,514
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 164,665 $ 15,756