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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income $ 33,925 $ 34,466
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,061 8,372
Loss on disposal of property and equipment 20 1
Deferred income taxes 4,206 6,755
Amortization of debt origination costs 851 920
Stock-based compensation costs 1,381 1,657
Non-cash operating lease cost 1,338 0
Changes in operating assets and liabilities:    
Accounts receivable 5,808 (4,357)
Inventories (8,939) (9,303)
Prepaid expenses and other current assets (4,335) 623
Accounts payable 5,306 16,479
Accrued liabilities 7,616 347
Operating lease liabilities (1,368) 0
Other (93) (108)
Net cash provided by operating activities 52,777 55,852
Investing Activities    
Purchases of property, plant and equipment (1,956) (2,469)
Net cash used in investing activities (1,956) (2,469)
Financing Activities    
Borrowings under revolving credit agreement 15,000 20,000
Repayments under revolving credit agreement (35,000) (20,000)
Proceeds from exercise of stock options 275 880
Fair value of shares surrendered as payment of tax withholding (799) (2,281)
Repurchase of common stock (28,766) (49,978)
Net cash used in financing activities (49,290) (51,379)
Effects of exchange rate changes on cash and cash equivalents (19) (283)
Increase in cash and cash equivalents 1,512 1,721
Cash and cash equivalents - beginning of period 27,530 32,548
Cash and cash equivalents - end of period 29,042 34,269
Interest paid 19,966 20,907
Income taxes paid $ 1,807 $ 334