XML 56 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
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