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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income $ 319 $ 3,655
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,769 15,686
Stock-based compensation expense 9,859 7,939
Amortization of step-up in inventory basis 0 6,062
Other (359) (504)
Cash (used in) provided by changes in operating assets and liabilities:    
Accounts receivable, net (1,979) (2,258)
Inventories (9,191) 351
Prepaid expenses and other assets (2,312) (1,933)
Accounts payable (1,339) 1,270
Accrued liabilities and taxes payable (5,221) (1,403)
Unearned revenues 918 1,056
Net cash provided by operating activities 15,464 29,921
Cash flows from investing activities:    
Acquisitions, net of cash acquired (4,950) (300,793)
Purchases of property, plant and equipment (3,518) (3,650)
Net cash (used in) investing activities (8,468) (304,443)
Cash flows from financing activities:    
Proceeds from the issuance of debt 0 70,000
Payments of debt (30,000) (10,000)
Dividends (2,550) (2,495)
Proceeds from the exercise of stock options 4,523 6,171
Payment of tax withholding obligation on vesting of restricted stock (909) (819)
Payments of contingent consideration 0 (234)
Net cash (used in) provided by financing activities (28,936) 62,623
Effect of exchange rate changes on cash and cash equivalents (1,305) (260)
Net (decrease) in cash and cash equivalents (23,245) (212,159)
Cash and cash equivalents at beginning of period 49,346 263,865
Cash and cash equivalents at end of period 26,101 51,706
Supplemental non-cash activity:    
Contingent consideration as part of an acquisition $ 1,500 $ 0