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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Earnings $ 120,849 $ 105,005
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of NonCash Activity    
Depreciation, Depletion and Amortization 36,682 34,229
Deferred Income Tax Provision 2,312 2,547
Stock Compensation Expense 6,457 5,146
Equity in Earnings of Unconsolidated Joint Venture (3,159) (5,098)
Distributions from Joint Venture 2,500 4,500
Changes in Operating Assets and Liabilities    
Accounts and Notes Receivable (46,213) (51,478)
Inventories 4,166 9,085
Accounts Payable and Accrued Liabilities (5,100) (6,389)
Other Assets (9,577) (1,109)
Income Taxes Payable (Receivable) 31,570 28,364
Net Cash Provided by Operating Activities 140,487 124,802
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant, and Equipment (35,999) (14,914)
Acquisition Spending (55,053) (121,162)
Net Cash Used in Investing Activities (91,052) (136,076)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase (Decrease) in Credit Facility 65,000 (19,000)
Proceeds from term loan 0 200,000
Repayment of Term Loan (2,500) 0
Dividends Paid to Stockholders (8,995) (9,642)
Purchase and Retirement of Common Stock (74,058) (109,612)
Proceeds from Stock Option Exercises 10,385 667
Payment of Debt Issuance Costs 0 (777)
Shares Redeemed to Settle Employee Taxes on Stock Compensation (1,360) (1,497)
Net Cash Provided by (Used in) Financing Activities (11,528) 60,139
NET INCREASE IN CASH AND CASH EQUIVALENTS 37,907 48,865
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 15,242 19,416
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 53,149 $ 68,281