v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES:    
Net income (loss) $ 20,582 $ (30,862)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 19,858 10,825
Impairment of goodwill and intangible assets 0 18,458
Amortization of deferred debt costs 2,603 2,544
Amortization of deferred rack costs 3,852 4,249
Deferred income tax benefit (33,445) (14,617)
Non-cash payment-in-kind interest accretion 0 4,809
Provision for doubtful accounts 0 5,870
Gain on sale of assets (15) (3,417)
Other (554) 2,434
Changes in operating assets and liabilities:    
Trade receivables 19,927 4,303
Inventories 39 8,819
Prepaid expenses and other current assets (2,134) (2,249)
Deferred rack costs (2,916) (3,481)
Other long-term assets 363 153
Accounts payable (5,992) (6,597)
Accrued expenses and other liabilities (14,497) 9,265
Accrued interest (7,244) (11,234)
Other non-current liabilities (113) (85)
Deferred revenues (1,116) 4,528
Total changes in operating assets and liabilities (13,683) 3,422
Net cash (used in) provided by operating activities (802) 3,715
INVESTING ACTIVITIES    
Purchases of property and equipment (500) (6,659)
Purchases of intangible assets (1,334) (2,520)
Proceeds from sale of assets 24 3,009
Distributions from affiliates 0 2,570
Net cash used in investing activities (1,810) (3,600)
FINANCING ACTIVITIES    
Proceeds from revolving credit facility 54,400 57,800
Repayments to revolving credit facility (50,900) (59,200)
Proceeds from issuance of senior secured notes 0 12,500
Senior secured notes repurchases (2,000) (5,975)
Capital contribution 0 573
Costs incurred in restructuring 0 (4,315)
Redemption premium payment (118) 0
Payment of debt costs (43) 0
Payments to noncontrolling interest holders of Olympia (1,150) (1,202)
Net cash provided by financing activities 189 181
Effect of exchange rate changes on cash (107) (248)
Net (decrease) increase in cash and cash equivalents (2,530) 48
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 3,452 3,030
CASH AND CASH EQUIVALENTS, END OF PERIOD 922 3,078
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Non-cash property and equipment (incurred but not paid) 0 2
Non-cash debt for equity exchange 0 123,960
Mr. Olympia, LLC    
FINANCING ACTIVITIES    
Payments to noncontrolling interest holders of Olympia $ (1,150) $ (1,202)