| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net earnings | |||||||||
85,900 | 23,800 | 14,900 | -1,000 | 22,800 | 131,900 | -22,800 | 38,800 | 5,233 | -31,826 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
76,900 | 76,700 | 58,300 | 50,200 | 51,600 | 58,100 | 55,800 | 57,700 | 56,492 | 64,606 |
(Gain) loss on sale of assets | |||||||||
-1,700 | 0 | 2,000 | 0 | 3,200 | 0 | 0 | - | - | - |
Asset impairment charges | |||||||||
400 | 2,500 | 0 | 9,900 | 7,800 | 3,200 | 25,900 | 2,500 | 3,548 | 14,194 |
Provision for doubtful accounts | |||||||||
- | - | - | - | - | - | - | - | -381 | 202 |
Undistributed (earnings) losses of affiliates, net of dividends received | |||||||||
- | - | - | - | - | - | - | - | 469 | -105 |
Stock-based compensation expense | |||||||||
7,900 | 9,500 | 7,400 | 4,900 | 4,000 | 3,600 | 3,100 | 1,600 | 3,992 | 2,725 |
Loss from disposition of property, plant and equipment | |||||||||
- | - | - | - | - | -2,600 | -2,500 | -600 | 3,448 | 656 |
Deferred income taxes | |||||||||
-4,400 | 12,100 | -4,600 | -18,800 | 5,900 | -116,100 | 600 | 1,900 | -7,028 | 2,882 |
Loss (gain) on sale of businesses | |||||||||
- | - | - | - | - | - | - | - | 0 | -611 |
Pension and postretirement expense | |||||||||
- | - | - | 45,100 | 2,300 | 3,200 | 1,900 | 5,000 | 6,557 | 1,953 |
Insurance proceeds from Airedale fire | |||||||||
- | - | - | 5,900 | 12,900 | 16,900 | 0 | 0 | - | - |
Other - net | |||||||||
-5,300 | -9,000 | -3,900 | -100 | -400 | 500 | -4,100 | -2,700 | -3,028 | -2,428 |
Changes in operating assets and liabilities: | |||||||||
Trade accounts receivable | |||||||||
15,300 | 26,100 | 25,700 | -8,000 | 100 | 18,200 | -15,100 | 7,500 | 42,990 | 51,763 |
Inventories | |||||||||
22,000 | 12,500 | 3,300 | 2,700 | 4,200 | 100 | 800 | 3,100 | 19,351 | 6,707 |
Other current assets | |||||||||
- | - | - | - | - | - | - | 10,500 | 2,646 | 996 |
Accounts payable | |||||||||
16,600 | 25,200 | 19,900 | -9,900 | -2,400 | 15,200 | -3,200 | -14,600 | 30,041 | 62,443 |
Accrued compensation and employee benefits | |||||||||
-10,100 | 16,400 | -6,500 | 800 | -5,300 | 17,500 | 1,900 | -10,500 | 7,309 | -17,310 |
Other assets | |||||||||
11,800 | 5,000 | 2,400 | 14,500 | 24,500 | -2,100 | 6,600 | - | - | - |
Other liabilities | |||||||||
-27,800 | -7,400 | -18,200 | -5,600 | -4,500 | -14,900 | -28,700 | - | - | - |
Income taxes | |||||||||
- | - | - | - | - | - | - | 500 | -2,567 | 9,215 |
Other current liabilities | |||||||||
- | - | - | - | - | - | - | -6,500 | 7,420 | 6,959 |
Other noncurrent assets and liabilities | |||||||||
- | - | - | - | - | - | - | 12,800 | 23,928 | -2,839 |
Net cash provided by operating activities | |||||||||
103,300 | 124,200 | 41,700 | 72,400 | 63,500 | 104,500 | 48,800 | 45,800 | 20,812 | 61,904 |
Cash flows from investing activities: | |||||||||
Expenditures for property, plant and equipment | |||||||||
73,900 | 71,000 | 64,400 | 62,800 | 58,300 | 53,100 | 49,800 | 64,400 | 55,061 | 60,297 |
Acquisitions - net of cash acquired | |||||||||
0 | 0 | 364,200 | 1,400 | 0 | 7,800 | 4,900 | 0 | - | - |
Change in restricted cash | |||||||||
- | - | - | - | - | - | - | - | -1,368 | -4,862 |
Proceeds from dispositions of assets | |||||||||
300 | 300 | 5,700 | 400 | 7,600 | 2,900 | 400 | 1,300 | 3,715 | 8,687 |
Proceeds from maturities of short-term investments | |||||||||
4,900 | 4,800 | 2,200 | 2,100 | 2,400 | 0 | 0 | - | - | - |
Purchases of short-term investments | |||||||||
3,800 | 5,500 | 3,500 | 2,700 | 5,200 | 0 | 0 | - | - | - |
Insurance proceeds from Airedale fire | |||||||||
- | - | - | 27,400 | 12,200 | 20,700 | 0 | 0 | - | - |
Costs to replace building and equipment damaged in Airedale fire | |||||||||
- | - | - | 41,700 | 16,700 | 4,200 | 0 | 0 | - | - |
Proceeds from the sale of assets held for sale and discontinued operations | |||||||||
- | - | - | - | - | - | - | - | 8,841 | 10,515 |
Settlement of derivative contracts | |||||||||
- | - | - | - | - | - | - | - | 7 | 6,629 |
Other - net | |||||||||
300 | 200 | -2,000 | -900 | -800 | 0 | 1,600 | 1,900 | -1 | -903 |
Net cash used for investing activities | |||||||||
-72,800 | -71,600 | -422,200 | -77,800 | -57,200 | -41,500 | -55,900 | -65,000 | -41,143 | -41,959 |
Cash flows from financing activities: | |||||||||
Borrowings of debt | |||||||||
231,200 | 171,000 | 559,100 | 38,000 | 36,400 | 152,600 | 166,700 | 134,400 | - | - |
Repayments of debt | |||||||||
251,900 | 222,900 | 202,400 | 27,100 | 50,900 | 152,400 | 167,100 | 116,200 | - | - |
Dividend paid to noncontrolling interest | |||||||||
1,800 | 900 | 0 | 900 | 0 | 500 | 0 | 0 | - | - |
Capital contribution by noncontrolling interest in joint venture | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Book overdrafts | |||||||||
- | - | - | - | - | - | - | - | -407 | -1,640 |
Issuance of common stock | |||||||||
- | - | - | - | - | - | - | - | 0 | 92,858 |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | - | - | - | - | 1,467 | 250 |
Purchases of treasury stock under share repurchase program | |||||||||
- | - | - | 6,900 | 0 | 0 | - | - | 78 | 25 |
Financing fees paid | |||||||||
0 | 0 | 8,700 | 0 | 100 | 900 | 0 | 400 | 215 | 802 |
Short-term debt - net | |||||||||
- | - | - | - | - | - | - | - | 5,554 | -2,999 |
Borrowings of long-term debt | |||||||||
- | - | - | - | - | - | - | - | 252,855 | 77,122 |
Repayments of long-term debt | |||||||||
- | - | - | - | - | - | - | - | 250,572 | 186,488 |
Other - net | |||||||||
-3,400 | 2,700 | -400 | -400 | 0 | -300 | 700 | 1,000 | - | - |
Net cash used for financing activities | |||||||||
-25,900 | -50,100 | 347,600 | 2,700 | -14,600 | -1,500 | 300 | 18,800 | 8,604 | -21,724 |
Effect of exchange rate changes on cash | |||||||||
-2,700 | 3,000 | -1,700 | 1,100 | -8,400 | 1,900 | -800 | -1,100 | 1,000 | 1,900 |
Net decrease in cash, cash equivalents and restricted cash | |||||||||
1,900 | 5,500 | -34,600 | -1,600 | -16,700 | 63,400 | -7,600 | -1,500 | -10,727 | 121 |
Interest, net of amounts capitalized | |||||||||
- | - | - | - | - | - | - | - | 28,095 | 17,422 |
Income taxes | |||||||||
- | - | - | - | - | - | - | - | 15,554 | 7,082 |