| Mar'20 | Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||
Net Earnings | |||||||||||
70,894 | 68,860 | 256,632 | 198,219 | 152,592 | 186,853 | 124,243 | 57,744 | 18,732 | 14,849 | 28,950 | 41,764 |
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-Cash Activity: | |||||||||||
Depreciation, Depletion and Amortization | |||||||||||
113,518 | 122,535 | 114,015 | 91,791 | 97,105 | 76,299 | 70,021 | 56,850 | 50,124 | 49,212 | 50,781 | 51,232 |
Inventory Adjustment to Net Realizable Value | |||||||||||
- | - | - | 8,492 | 9,382 | - | - | - | - | - | - | - |
Impairment Losses | |||||||||||
224,267 | 220,265 | - | 0 | - | - | - | - | - | - | - | - |
Impairment of Intangible Assets | |||||||||||
- | - | - | - | 34,999 | - | - | - | - | - | - | - |
Reduction of Prepaid Sand Liability | |||||||||||
- | - | - | 2,000 | 10,658 | - | - | - | - | - | - | - |
Gain on Sale of Property, Plant and Equipment | |||||||||||
- | - | - | - | - | - | - | - | - | 485 | 2,510 | -2,536 |
Other Non-Operating Expense | |||||||||||
- | - | - | - | - | - | - | - | - | 10,701 | 2,548 | - |
Gain on Purchase of Debt, net | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -4,763 |
Deferred Income Tax Provision | |||||||||||
75,987 | -28,371 | -49,354 | 2,203 | -2,323 | 5,805 | 5,746 | 6,155 | 2,188 | 8,497 | 1,201 | 5,769 |
Stock Compensation Expense | |||||||||||
19,823 | 15,109 | 14,079 | 12,069 | 17,346 | 13,030 | 10,136 | 9,002 | 5,509 | 3,587 | 2,825 | 9,192 |
Excess Tax Benefits from Share-Based Payment Arrangements | |||||||||||
- | - | - | 10,349 | 4,102 | 5,743 | 8,067 | 6,493 | 1,568 | 1,784 | 761 | 655 |
Equity in Earnings of Unconsolidated Joint Venture | |||||||||||
42,585 | 38,565 | 43,419 | 42,386 | 39,083 | 44,967 | 37,811 | 32,507 | 28,528 | 24,233 | 24,157 | 32,426 |
Distributions from Joint Venture | |||||||||||
33,500 | 34,250 | 31,500 | 43,250 | 37,250 | 40,375 | 37,750 | 28,500 | 23,250 | 24,500 | 29,750 | 33,000 |
Changes in Operating Assets and Liabilities: | |||||||||||
Accounts and Notes Receivable | |||||||||||
25,005 | -10,180 | 2,560 | 14,235 | 4,553 | -4,196 | 12,876 | 7,771 | 10,452 | -11,126 | 7,008 | -19,673 |
Inventories | |||||||||||
-26,729 | 19,016 | 5,114 | 6,636 | 15,122 | 38,741 | 32,714 | 14,186 | 8,369 | 9,366 | -1,192 | 8,346 |
Accounts Payable and Accrued Liabilities | |||||||||||
17,265 | -31,949 | 24,173 | 33,687 | -7,061 | -11,499 | 6,504 | 24,610 | 3,327 | -29,418 | -16,026 | -33,944 |
Other Assets | |||||||||||
-7,841 | 3,284 | -4,196 | -788 | -4,468 | -520 | 3,511 | 2,679 | 2,423 | 4,399 | 1,866 | 1,965 |
Income Taxes Payable (Receivable) | |||||||||||
-122,933 | 270 | -6,483 | 16,705 | -4,473 | 7,993 | 11,212 | 5,182 | 9,062 | -8,704 | -353 | 3,390 |
Net Cash Provided by Operating Activities | |||||||||||
399,301 | 350,284 | 337,665 | 331,598 | 265,767 | 234,121 | 170,633 | 124,407 | 60,852 | 44,083 | 64,566 | 79,385 |
Additions to Property, Plant, and Equipment | |||||||||||
132,119 | 168,873 | 131,957 | 56,938 | 89,563 | 111,573 | 59,490 | 53,011 | 26,099 | 17,224 | 13,779 | 16,078 |
Acquisition Spending | |||||||||||
699,361 | - | 36,761 | 400,488 | 32,427 | 237,171 | - | - | - | - | - | - |
Proceeds from Sales of Property, Plant, and Equipment | |||||||||||
400 | 2,281 | - | - | - | - | - | - | - | 600 | - | 3,996 |
CRS Acquisition | |||||||||||
- | - | - | - | - | - | - | 453,420 | - | - | - | - |
Net Cash Used in Investing Activities | |||||||||||
-831,080 | -166,592 | -168,718 | -457,426 | -121,990 | -348,744 | -59,490 | -506,431 | -26,099 | -16,624 | -13,779 | -12,082 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||
Increase in Revolving Credit Facility | |||||||||||
250,000 | 70,000 | 15,000 | -157,000 | 52,000 | 141,000 | -108,000 | 227,000 | 68,000 | -1,000 | -52,000 | 55,000 |
Repayment of Private Placement Senior Unsecured Notes | |||||||||||
36,500 | - | 81,214 | 8,000 | - | - | - | - | - | - | - | - |
Issuance of Term Loan | |||||||||||
665,000 | - | - | - | - | - | - | - | - | - | - | - |
Issuance of Senior Unsecured Notes | |||||||||||
- | - | - | 350,000 | - | - | - | - | - | - | - | - |
Repayment of Senior Notes | |||||||||||
- | - | - | - | 57,045 | 9,500 | - | 4,677 | 88,064 | 15,000 | - | 95,000 |
Dividends Paid to Stockholders | |||||||||||
17,142 | 18,927 | 19,438 | 19,341 | 20,020 | 20,072 | 19,899 | 18,533 | 17,876 | 17,634 | 17,471 | 30,441 |
Purchase and Retirement of Common Stock | |||||||||||
313,887 | 271,988 | 61,078 | 60,013 | 123,530 | - | - | - | - | - | - | - |
Net Proceeds from Offering of Common Stock | |||||||||||
- | - | - | - | - | - | - | 154,832 | - | - | - | - |
Proceeds from Stock Option Exercises | |||||||||||
3,298 | 2,103 | 24,264 | 22,108 | 2,866 | 4,311 | 14,187 | 19,645 | 7,138 | 4,849 | 1,541 | 1,321 |
Shares Redeemed to Settle Employee Taxes on Stock Compensation | |||||||||||
4,063 | 4,347 | 4,974 | 4,468 | 4,273 | 4,166 | 2,913 | 3,569 | 912 | - | - | - |
Payment of Debt Issuance Costs | |||||||||||
4,880 | - | - | 6,637 | - | 1,661 | - | 1,751 | - | - | - | - |
Excess Tax Benefits from Share-Based Payment Arrangements | |||||||||||
- | - | - | 10,349 | 4,102 | 5,743 | 8,067 | 6,493 | 1,568 | 1,784 | 761 | 655 |
Net Cash Provided by (Used in) Financing Activities | |||||||||||
541,826 | -223,159 | -127,440 | 126,998 | -145,900 | 115,655 | -108,558 | 379,440 | -30,146 | -27,001 | -67,169 | -68,465 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||||
110,047 | -39,467 | 41,507 | 1,170 | -2,123 | 1,032 | 2,585 | -2,584 | 4,607 | 458 | -16,382 | -1,162 |