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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 59,960 $ 76,442
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation 27,500 27,651
Net provision for losses (recoveries) on advances and guaranteed loans to suppliers 93 (3,045)
Foreign currency remeasurement (gain) loss, net (2,179) 1,790
Restructuring and impairment costs [1] 0 19,447
Restructuring payments (444) (762)
Other, net 2,714 6,812
Changes in operating assets and liabilities, net (260,542) (225,648)
Net cash used by operating activities (172,898) (97,313)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (21,692) (28,370)
Proceeds from sale of property, plant and equipment 2,946 1,377
Other (496) (2,000)
Net cash used by investing activities (18,250) (24,993)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of short-term debt, net 41,201 85,893
Dividends paid to noncontrolling interests 3,359 1,260
Repurchase of common stock (20,125) (1,443)
Dividends paid on common stock (56,601) (51,156)
Other (2,883) (4,946)
Net cash (used) provided by financing activities (41,767) 27,088
Effect of exchange rate changes on cash 93 (552)
Net decrease in cash and cash equivalents (232,822) (95,770)
Cash and cash equivalents at beginning of year 297,556 234,128
Cash and cash equivalents at end of period $ 64,734 $ 138,358
[1]
(4) 
Restructuring and impairment costs are excluded from segment operating income, but are included in consolidated operating income in the consolidated statements of income and comprehensive income.