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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net income $ 106,835 $ 106,295
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,186 16,632
Loss on disposal of property and equipment 191 94
Deferred income taxes 9,721 4,211
Amortization of debt origination costs 2,302 1,798
Stock-based compensation costs 7,834 7,323
Non-cash operating lease cost 2,816 2,984
Other 0 447
Changes in operating assets and liabilities:    
Accounts receivable 4,415 (8,276)
Inventories 223 (21,810)
Prepaid expenses and other current assets (3,814) (1,501)
Accounts payable (18,820) 1,016
Accrued liabilities (11,764) 9,788
Operating lease liabilities (3,493) (3,201)
Other (1,085) (13)
Net cash provided by operating activities 110,547 115,787
Investing Activities    
Purchases of property, plant and equipment (4,411) (3,423)
Other 3,800 0
Net cash provided by (used in) investing activities (611) (3,423)
Financing Activities    
Term loan repayments (85,000) (40,000)
Borrowings under revolving credit agreement 0 20,000
Repayments under revolving credit agreement 0 (20,000)
Payments of finance leases (1,403) (1,369)
Proceeds from exercise of stock options 9,183 1,489
Fair value of shares surrendered as payment of tax withholding (5,508) (5,450)
Repurchase of common stock (25,000) (50,000)
Net cash used in financing activities (107,728) (95,330)
Effects of exchange rate changes on cash and cash equivalents (630) (1,777)
Increase (decrease) in cash and cash equivalents 1,578 15,257
Cash and cash equivalents - beginning of period 58,489 27,185
Cash and cash equivalents - end of period 60,067 42,442
Supplemental Cash Flow Information    
Interest paid 33,706 19,016
Income taxes paid $ 25,118 $ 15,689