| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating Activities: | |||||||||
Net (loss) income | |||||||||
-71,168 | 51,906 | -63,271 | 65,445 | - | - | - | - | - | - |
Net income (loss) | |||||||||
- | - | - | - | -28,034 | -102,876 | 24,612 | 29,191 | -72,148 | 79,946 |
Adjustments to reconcile net loss to net cash used by operating activities: | |||||||||
Depreciation and amortization | |||||||||
35,747 | 33,598 | 34,476 | 28,361 | 29,623 | 32,427 | 33,811 | 33,143 | 28,216 | 29,113 |
Debt amortization/interest | |||||||||
11,843 | 12,586 | 13,122 | 11,333 | 8,816 | 12,707 | 15,303 | 14,024 | 12,959 | 13,104 |
Debt retirement benefit | |||||||||
1,753 | 2,975 | 300 | 0 | 771 | -57,449 | -1,195 | 0 | -4,584 | -40,353 |
Asset impairment charges | |||||||||
2,734 | 382 | 1,375 | 5,888 | 9,118 | 5,111 | -55 | -415 | 10,323 | 0 |
(Gain) loss on foreign currency transactions | |||||||||
2,383 | -5,396 | 11,816 | -6,498 | -8,274 | -12,348 | -5,564 | -8,810 | 8,387 | 12,288 |
Gain on sale of property, plant, and equipment | |||||||||
2,080 | 2,704 | 658 | 597 | 1,751 | 3,175 | 1,310 | 4,500 | 4,355 | 5,981 |
Income from unconsolidated affiliates, net of dividends | |||||||||
3,936 | 6,345 | -4,348 | 4,105 | 2,823 | -783 | 640 | - | - | - |
Gain on insurance proceeds received for destroyed buildings and equipment | |||||||||
6,038 | 0 | 1,367 | 106,203 | 0 | 0 | - | - | - | - |
Gain on disposition of stock in subsidiaries | |||||||||
- | - | - | - | - | 20,369 | 0 | 0 | - | - |
Loss on acquisition of equity method investment | |||||||||
- | - | - | - | - | 1,253 | 0 | 0 | - | - |
Bad debt expense | |||||||||
6,821 | -152 | -5,545 | -169 | 12,368 | 312 | -44 | - | 3,002 | 81 |
Gain on other sales of assets | |||||||||
- | - | - | - | - | - | - | 13,667 | 37,765 | 0 |
Stock-based compensation | |||||||||
1,544 | 1,189 | 1,712 | 2,874 | 3,194 | 3,222 | 4,520 | 2,618 | 4,609 | 448 |
Trade and other receivables | |||||||||
258,984 | 308,433 | 85,549 | 149,825 | 50,358 | -51,085 | -53,392 | 5,563 | 100,711 | 28,974 |
Inventories and advances to tobacco suppliers | |||||||||
-32,725 | -17,967 | -92,586 | 13,747 | 3,992 | -168,900 | 101,079 | 48,806 | -60,123 | 61,324 |
Deferred items | |||||||||
9,356 | -78,944 | 611 | -2,439 | -18,025 | 4,888 | -28,480 | -12,981 | 99,646 | -14,947 |
Recoverable income taxes | |||||||||
884 | 557 | -15,410 | 8,563 | 1,372 | 1,370 | 396 | -7,759 | 535 | 6,711 |
Payables and accrued expenses | |||||||||
5,592 | -13,985 | 13,192 | 46,767 | -23,408 | 26,838 | -1,829 | 47,676 | -95,239 | 30,828 |
Advances from customers | |||||||||
-5,703 | -6,834 | 21,096 | - | - | - | - | - | - | - |
Advances from customers | |||||||||
- | - | - | -19,224 | -3,638 | 3,330 | 2,201 | -1,926 | -84,832 | 57,844 |
Current derivative asset | |||||||||
3,495 | -2,044 | 2,044 | -1,373 | 1,373 | -3,145 | 2,833 | -2,232 | 16 | 1,699 |
Prepaids | |||||||||
1,916 | 9,994 | 10,413 | -6,218 | -1,743 | -4,238 | -368 | 432 | - | 3,352 |
Income taxes | |||||||||
-2,302 | 1,297 | -6,331 | 2,943 | 5,511 | 538 | -6,999 | -776 | -1,416 | -7,773 |
Changes in operating assets and liabilities, net | |||||||||
-1,933 | -277 | -5,376 | 8,382 | -1,452 | 1,127 | -1,160 | -26 | 1,299 | -2,213 |
Other, net | |||||||||
4,066 | -2,894 | -1,806 | 227 | 223 | 2,815 | -95 | 2,557 | 224 | 438 |
Net cash used by operating activities | |||||||||
-248,281 | -307,175 | 14,204 | -135,327 | -55,223 | 262,472 | -1,634 | 58,970 | -183,017 | 111,319 |
Investing Activities: | |||||||||
Purchases of property, plant, and equipment | |||||||||
47,539 | 22,783 | 13,683 | 17,194 | 25,273 | 24,928 | 39,860 | 43,846 | 69,525 | 15,785 |
Intangibles, including internally developed software costs | |||||||||
3,105 | 231 | 79 | 0 | 781 | 7,803 | 977 | 862 | 648 | 6,646 |
Proceeds from sale of property, plant, and equipment | |||||||||
5,148 | 3,161 | 1,890 | 2,270 | 16,840 | 9,336 | 1,770 | 6,212 | 6,649 | 8,575 |
Collections on beneficial interests on securitized trade receivables | |||||||||
242,966 | 263,670 | 231,658 | - | - | - | - | - | - | - |
Insurance proceeds received for destroyed buildings | |||||||||
6,465 | 0 | 1,367 | - | - | - | - | - | - | - |
Proceeds on sale of subsidiaries, net of cash divested | |||||||||
- | - | - | - | - | 3,513 | 0 | 0 | - | - |
Payments to acquire equity method investments | |||||||||
0 | 10,000 | 0 | 0 | 1,655 | 3,500 | 0 | 0 | - | - |
Payments to acquire controlling interests, net of cash acquired | |||||||||
8,692 | 32,687 | 0 | - | - | - | - | - | - | - |
Additional investments in consolidated affiliates | |||||||||
13,470 | 0 | 0 | - | - | - | - | - | - | - |
Payments to acquire consolidated investments, net of cash acquired | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Proceeds on other sales of assets | |||||||||
- | - | - | - | - | - | - | - | 46,074 | 0 |
Foreign currency derivatives | |||||||||
- | - | - | - | - | - | - | - | - | 5,026 |
Proceeds from notes receivable | |||||||||
- | - | - | - | - | - | - | - | 1,331 | 11,437 |
Investment in notes receivable | |||||||||
- | - | - | - | - | - | - | - | - | 1,839 |
Change in restricted cash | |||||||||
- | - | - | 276 | 1,678 | -268 | -25,955 | 26,642 | 30 | -6 |
Surrender of life insurance policies | |||||||||
46 | 67 | 91 | 1,675 | 1,194 | 2,861 | 119 | 803 | - | - |
Other, net | |||||||||
15 | 113 | 89 | 0 | 309 | 196 | 218 | 735 | -248 | 53 |
Net cash provided by investing activities | |||||||||
181,804 | 201,084 | 221,155 | -13,525 | -11,662 | -20,449 | -13,211 | -65,070 | -15,901 | -9,331 |
Financing Activities: | |||||||||
Net proceeds (repayments) of short-term borrowings | |||||||||
23,043 | -62,672 | 10,544 | 21,360 | 145,988 | -87,398 | -11,524 | 149,914 | 37,214 | -72,512 |
Proceeds from long-term borrowings | |||||||||
0 | 0 | 472,484 | 210,000 | 300,000 | 1,075,877 | 357,337 | 343,426 | 347,300 | 1,040,509 |
Repayment of long-term borrowings | |||||||||
25,132 | 34,961 | 425,426 | 32,867 | 463,341 | 1,030,256 | 352,436 | 403,497 | 256,093 | 944,709 |
Debt issuance cost | |||||||||
5,285 | 5,374 | 19,305 | 5,325 | 6,538 | 22,764 | 7,372 | 8,820 | 3,722 | 36,273 |
Debt retirement cost | |||||||||
- | - | - | - | - | 36,033 | 0 | 0 | 2,262 | 23,459 |
Repurchase of common stock | |||||||||
- | - | - | - | - | - | - | - | 9,042 | 0 |
Proceeds from issuance of warrants | |||||||||
- | - | - | - | - | - | - | - | - | 16,821 |
Purchase of call options | |||||||||
- | - | - | - | - | - | - | - | - | 39,418 |
Other, net | |||||||||
-788 | -71 | -95 | 455 | 455 | 111 | -66 | -84 | -445 | -285 |
Net cash provided by financing activities | |||||||||
-8,162 | -103,078 | 38,202 | 193,623 | -23,436 | -100,463 | -14,061 | 80,939 | 112,950 | -59,326 |
Effect of exchange rate changes on cash | |||||||||
4,416 | 1,783 | -560 | - | - | - | - | - | - | - |
Decrease in cash, cash equivalents, and restricted cash | |||||||||
-70,223 | -207,386 | 273,001 | - | - | - | - | - | - | - |
Effect of exchange rate changes on cash | |||||||||
- | - | - | 823 | -608 | 1,192 | 1,189 | 1,398 | -264 | -589 |
Increase (decrease) in cash and cash equivalents | |||||||||
- | - | - | 45,594 | -90,929 | 142,752 | -27,717 | 76,237 | -86,232 | 42,073 |
Cash assumed in reconsolidation of subsidiary | |||||||||
- | - | - | 10,277 | 0 | 0 | - | - | - | - |
Other information: | |||||||||
Cash paid for income taxes | |||||||||
26,634 | 18,691 | 18,088 | 20,369 | 16,192 | 17,911 | 20,771 | 17,242 | -12,921 | -42,193 |
Cash paid for interest | |||||||||
125,055 | 118,441 | 107,116 | - | - | - | - | - | - | - |
Cash paid for interest | |||||||||
- | - | - | 104,882 | 98,957 | 105,192 | 102,101 | 89,183 | -91,108 | -118,638 |
Cash received from interest | |||||||||
3,845 | 2,456 | 8,140 | 7,291 | 6,529 | 8,799 | 5,193 | -6,167 | - | - |
Noncash investing activities: | |||||||||
Non-cash amounts obtained as a beneficial interest in exchange for transferring trade receivables in a securitization transaction | |||||||||
247,386 | 281,601 | 229,580 | - | - | - | - | - | - | - |