XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 3,655 $ (646)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 15,686 12,933
Stock-based compensation expense 7,939 6,887
Non-cash interest and debt amortization 804 4,024
Amortization of step-up in inventory basis 6,062 (436)
Foreign currency adjustments (1,375) 4,583
Other 67 (917)
Cash (used in) provided by changes in operating assets and liabilities:    
Accounts receivable, net (2,258) 2,224
Inventories, net 351 (485)
Prepaid expenses and other assets (1,933) (2,691)
Accounts payable 1,270 71
Accrued liabilities and taxes payable (1,403) (2,517)
Unearned revenues 1,056 523
Net cash provided by operating activities 29,921 23,553
Cash flows from investing activities:    
Acquisitions, net of cash acquired (300,793) 0
Purchases of property, plant and equipment (3,650) (954)
Net cash (used in) investing activities (304,443) (954)
Cash flows from financing activities:    
Proceeds from the issuance of debt 70,000 0
Payments of debt (10,000) 0
Dividends (2,495) (2,341)
Proceeds from the exercise of stock options 5,352 3,692
Payments of contingent consideration (234) (11)
Proceeds from the issuance of common stock, net 0 145,935
Net cash provided by financing activities 62,623 147,275
Effect of exchange rate changes on cash and cash equivalents (260) 2,477
Net (decrease) increase in cash and cash equivalents (212,159) 172,351
Cash and cash equivalents at beginning of period 263,865 81,380
Cash and cash equivalents at end of period $ 51,706 $ 253,731