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Consolidated Statements Of Cash Flows (USD $) In Thousands, unless otherwise specified | 3 Months Ended
--- | ---
Jun. 30, 2014 | Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES: |  |
Net income | $ 525 | $ 53,913
Adjustments to reconcile net income to net cash used by operating activities: |  |
Depreciation | 8,653 | 10,587
Amortization | 409 | 415
Provisions for losses on advances and guaranteed loans to suppliers | (516) | 2,946
Foreign currency remeasurement loss (gain), net | 1,283 | (2,534)
Gain on favorable outcome of excise tax case in Brazil | 0 | 81,619
Other, net | (4,395) | (12,731)
Changes in operating assets and liabilities, net | 118,286 | 209,035
Net cash used by operating activities | (114,893) | (232,990)
CASH FLOWS FROM INVESTING ACTIVITIES: |  |
Purchase of property, plant and equipment | (16,808) | (10,368)
Proceeds from sale of property, plant and equipment | 393 | 145
Net cash used by investing activities | (16,415) | (10,223)
CASH FLOWS FROM FINANCING ACTIVITIES: |  |
Issuance (repayment) of short-term debt, net | 142,489 | 31,739
Repayment of long-term obligations | (3,750) | (2,500)
Issuance of common stock | 187 | 457
Repurchase of common stock | (7,202) | (14,145)
Dividends paid on convertible perpetual preferred stock | (3,712) | (3,712)
Dividends paid on common stock | (11,844) | (11,676)
Net cash provided by financing activities | 116,168 | 163
Effect of exchange rate changes on cash | 65 | (345)
Net decrease in cash and cash equivalents | (15,075) | (243,395)
Cash and cash equivalents at beginning of year | 163,532 | 367,864
Cash and cash equivalents at end of period | $ 148,457 | $ 124,469

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3044-108585 + Details
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