XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Earnings $ 277,362 $ 271,402
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-Cash Activity    
Depreciation, Depletion and Amortization 77,427 73,879
Deferred Income Tax Provision 936 6,826
Stock Compensation Expense 9,403 10,999
Equity in Earnings of Unconsolidated Joint Venture (16,992) (13,505)
Distributions from Joint Venture 0 2,500
Changes in Operating Assets and Liabilities    
Accounts and Notes Receivable (43,364) (42,398)
Inventories (358) 5,317
Accounts Payable and Accrued Liabilities 3,763 3,996
Other Assets (16,279) (14,487)
Income Taxes Payable (Receivable) 74,000 8,310
Net Cash Provided by Operating Activities 365,898 312,839
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant, and Equipment (99,605) (65,453)
Acquisition Spending (24,881) (55,053)
Net Cash Used in Investing Activities (124,486) (120,506)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings Under Revolving Credit Facility 80,000 5,000
Repayment of Borrowings Under Revolving Credit Facility (95,000) 0
Repayment of Term Loan (5,000) (5,000)
Dividends Paid to Stockholders (17,001) (17,908)
Purchase and Retirement of Common Stock (146,176) (151,321)
Proceeds from Stock Option Exercises 2,205 11,469
Shares Redeemed to Settle Employee Taxes on Stock Compensation (1,456) (2,494)
Net Cash Used in Financing Activities (182,428) (160,254)
NET INCREASE IN CASH AND CASH EQUIVALENTS 58,984 32,079
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 34,925 15,242
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 93,909 $ 47,321