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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 113,269 $ 132,971 $ 130,236
Depreciation and Amortization 59,773 58,326 57,300
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for losses (recoveries) on advances 1,938 14,090 10,584
Inventory write-downs 19,769 9,234 13,995
Stock-based compensation expense 8,531 12,063 8,420
Foreign currency remeasurement loss (gain), net 6,096 5,114 (3,892)
Foreign currency exchange contracts 916 (365) 14,163
Deferred income taxes 1,083 (5,404) (7,657)
Equity in net income of unconsolidated affiliates, net of dividends (3,031) (1,239) 4,010
Tax Adjustments, Settlements, and Unusual Provisions 0 0 (29,236)
Restructuring and impairment costs 10,573 3,523 0
Restructuring payments (1,568) (1,181) 0
Pension settlement 14,101 0 0
Other, net 1,406 1,001 (6,249)
Changes in operating assets and liabilities, net:      
Accounts receivable (129,988) (109,681) (74,657)
Inventories 244,732 (236,243) (41,867)
Other assets 9,187 (768) 10,821
Accounts payable (8,700) 20,806 (84,588)
Accrued expenses and other current liabilities (10,269) 8,414 3,365
Income taxes 2,003 342 (7,811)
Customer advances and deposits (12,847) 14,365 (7,494)
Net cash provided (used) by operating activities 326,974 (74,632) (10,557)
Cash Flows From Investing Activities:      
Purchase of property, plant and equipment (62,601) (66,013) (54,674)
Proceeds from sale of business, less cash of businesses sold 0 3,757 3,245
Proceeds from sale of property, plant and equipment 3,783 2,257 1,079
Net cash used by investing activities (58,818) (59,999) (50,350)
Cash Flows From Financing Activities:      
Issuance (repayment) of short-term debt, net 37,696 223,000 24,712
Issuance of long-term debt 0 0 123,481
Repayment of long-term debt 0 0 23,481
Dividends paid to noncontrolling interests in subsidiaries (17,530) (10,572) (10,221)
Repurchase of common stock 0 (4,744) (3,448)
Dividends paid on common stock (79,686) (78,402) (77,391)
Proceeds from termination of interest rate swap agreements 0 0 11,786
Debt issuance costs and other (3,715) (3,607) (6,489)
Net cash provided (used) by financing activities (63,235) 125,675 38,949
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (399) (141) (1,000)
Net increase (decrease) in cash and cash equivalents 204,522 (9,097) (22,958)
Cash, restricted cash and cash equivalents at beginning of year 55,593 64,690 87,648
Cash, Restricted Cash and Cash Equivalents at End of Year 260,115 55,593 64,690
Supplemental information—cash paid for:      
Interest 75,285 61,084 49,882
Income taxes, net of refunds $ 38,358 $ 38,084 $ 49,073