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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 64,464 $ 26,664
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,041 12,848
(Gain) loss on divestitures 0 54,957
Loss on disposals of property and equipment 1,461 155
Deferred income taxes 16,321 (10,602)
Amortization of debt origination costs 3,494 5,097
Excess tax benefits from share-based awards 470 800
Stock-based compensation costs 4,726 3,933
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable (9,345) 356
Inventories (3,409) (10,663)
Prepaid expenses and other current assets 17,123 10,112
Accounts payable 8,008 820
Accrued liabilities (11,869) 6,605
Noncurrent assets and liabilities 55 0
Net cash provided by operating activities 108,540 101,082
Investing Activities    
Purchases of property, plant and equipment (4,785) (1,404)
Acquisition of Fleet escrow payment 970 0
Proceeds from the sales of property, plant and equipment 0 75
Proceeds from sales of intangible assets 0 52,353
Net cash (used in) provided by investing activities (3,815) 51,024
Financing Activities    
Term loan repayments (105,000) (130,500)
Borrowings under revolving credit agreement 0 20,000
Repayments under revolving credit agreement 0 (40,000)
Payments of debt origination costs 0 (9)
Proceeds from exercise of stock options 1,466 3,423
Fair value of shares surrendered as payment of tax withholding (1,075) (1,395)
Net cash used in financing activities (104,609) (148,481)
Effects of exchange rate changes on cash and cash equivalents 1,006 (397)
Increase in cash and cash equivalents 1,122 3,228
Cash and cash equivalents - beginning of period 41,855 27,230
Cash and cash equivalents - end of period 42,977 30,458
Interest paid 49,404 37,259
Income taxes paid $ 9,037 $ 6,743