XML 42 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Mar. 31, 2023
Cash flows from operating activities:          
Net income $ 137,117 $ 82,091 $ 199,844 $ 182,927  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation     34,135 37,288  
Amortization of intangible assets     11,509 12,244  
Loss on investments     11,609 11,577  
Share-based compensation expense     43,579 35,935  
Deferred income taxes     11,108 3,040  
Other     100 118  
Changes in assets and liabilities, net of acquisitions:          
Accounts receivable, net     (35,362) (121,909)  
Inventories     146,369 21,790  
Other assets     11,999 4,757  
Accounts payable     88,022 (78,354)  
Accrued and other liabilities     (59,853) (72,157)  
Net cash provided by operating activities     463,059 37,256  
Cash flows from investing activities:          
Purchases of property, plant and equipment     (34,731) (45,384)  
Investment in privately held companies     (356) (2,275)  
Acquisitions, net of cash acquired     (14,138) (5,839)  
Purchases of deferred compensation investments     (2,548) (2,499)  
Proceeds from sales of deferred compensation investments     2,622 2,436  
Net cash used in investing activities     (49,151) (53,561)  
Cash flows from financing activities:          
Payment of cash dividends     (182,305) (158,680)  
Payment of contingent consideration for business acquisition     (5,002) (5,954)  
Purchases of registered shares     (188,941) (237,561)  
Proceeds from exercises of stock options and purchase rights     15,319 12,850  
Tax withholdings related to net share settlements of restricted stock units     (26,224) (26,742)  
Other financing activities     (1,116) 0  
Net cash used in financing activities     (388,269) (416,087)  
Effect of exchange rate changes on cash and cash equivalents     (10,758) (27,823)  
Net increase (decrease) in cash and cash equivalents     14,881 (460,215)  
Cash and cash equivalents, beginning of the period     1,149,023 1,328,716 $ 1,328,716
Cash and cash equivalents, end of the period $ 1,163,904 $ 868,501 1,163,904 868,501 $ 1,149,023
Non-cash investing and financing activities:          
Property, plant and equipment purchased during the period and included in period end liability accounts     9,218 9,436  
Right-of-use assets obtained in exchange for operating lease liabilities     2,574 47,408  
Supplemental cash flow information:          
Income taxes paid, net     $ 17,408 $ 44,864