XML 19 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net earnings $ 33.7 $ 4.9
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 37.8 25.4
Deferred income taxes (7.3) (5.6)
Stock-based compensation expense 5.4 3.5
Gain on sale of facility 0.0 (1.2)
Other - net 5.5 1.3
Changes in operating assets and liabilities:    
Trade accounts receivable 1.0 3.7
Inventories (9.1) (1.9)
Accounts payable 20.2 (8.1)
Other assets and liabilities (16.1) (8.4)
Net cash provided by operating activities 71.1 13.6
Cash flows from investing activities:    
Expenditures for property, plant and equipment (36.8) (32.0)
Proceeds from dispositions of assets 0.0 4.3
Other - net (0.9) 0.8
Net cash used for investing activities (37.7) (26.9)
Cash flows from financing activities:    
Borrowings of debt 82.5 29.3
Repayments of debt (101.3) (20.1)
Dividend paid to noncontrolling interest (0.9) 0.0
Other - net 0.3 (1.1)
Net cash (used for) provided by financing activities (19.4) 8.1
Effect of exchange rate changes on cash 2.3 (0.7)
Net increase (decrease) in cash and cash equivalents 16.3 (5.9)
Cash and cash equivalents - beginning of period 34.2 68.9
Cash and cash equivalents - end of period $ 50.5 $ 63.0