v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities      
Net earnings $ 158,223 $ 131,824 $ 181,525
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 53,945 55,994 57,040
Write-off of assets relating to restructuring and other exit charges 1,435 3,800 3,349
Non-cash write-off of property, plant and equipment 6,300 0 0
Gain on disposition of equity interest in Altergy 0 0 (2,000)
Impairment of goodwill, indefinite-lived intangibles and fixed assets 14,016 36,252 23,946
Derivatives not designated in hedging relationships:      
Net losses (gains) 471 409 (972)
Cash proceeds (settlements) (1,225) 648 654
Provision for doubtful accounts 1,794 4,749 1,125
Deferred income taxes 1,455 (753) 31,886
Legal proceedings accrual / (reversal of legal accrual, net of fees) - See Note 18 23,725 (799) (16,233)
Non-cash interest expense 1,388 2,794 9,546
Stock-based compensation 19,185 19,603 25,259
Gain (Loss) on Disposition of Other Assets 0 4,348 0
(Gain) loss on disposal of fixed assets (7) (114) 8
Changes in assets and liabilities, net of effects of acquisitions:      
Accounts receivable (13,535) 31,142 (13,250)
Inventory (42,792) 11,667 (10,153)
Prepaid and other current assets 3,721 4,751 (18,998)
Other assets 2,034 (331) 701
Accounts payable 845 12,178 (26,500)
Accrued expenses 9,333 (4,739) (64,147)
Other liabilities 5,719 2,844 11,685
Net cash provided by operating activities 246,030 307,571 194,471
Cash flows from investing activities      
Capital expenditures (50,072) (55,880) (63,625)
Purchase of businesses (12,392) (35,439) 0
Proceeds from sale of facility 0 9,179 0
Proceeds from disposition of equity interest in Altergy 0 0 2,000
Proceeds from disposal of property, plant, and equipment and other assets 631 1,217 2,009
Net cash used in investing activities (61,833) (80,923) (59,616)
Cash flows from financing activities      
Net increase (decrease) in short-term debt (4,600) 4,233 (11,923)
Proceeds from revolving credit borrowings 262,000 355,800 372,700
Repayments of revolving credit borrowings (267,000) (360,800) (322,700)
Proceeds from long-term debt 0 300,000 150,000
Repayments of long-term debt (15,000) (7,500) 0
Repayments of Convertible Notes 0 (172,266) (234)
Debt issuance costs 0 (5,031) (1,076)
Capital lease obligations and other (98) (127) (260)
Proceeds from the issuance of common stock 3 4 5
Payment of taxes related to net share settlement of equity awards (7,447) (15,209) (12,676)
Excess tax benefits from exercise of stock options and vesting of equity awards 0 4,291 4,071
Purchase of treasury stock 0 (178,244) (205,362)
Dividends paid to stockholders (30,400) (30,880) (31,739)
Purchase of noncontrolling interests 0 0 (119)
Net cash used by financing activities (62,542) (105,729) (59,313)
Effect of exchange rate changes on cash and cash equivalents (18,633) 7,467 (46,724)
Net increase in cash and cash equivalents 103,022 128,386 28,818
Cash and cash equivalents at beginning of year 397,307 268,921 240,103
Cash and cash equivalents at end of year $ 500,329 $ 397,307 $ 268,921