Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Operating activities:    
Net income $ 18,396 $ 41,979
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,384 41,303
Write down of long-lived assets 15,786  
Amortization of debt discount and debt issuance costs 2,903 3,964
Net (gain) loss on sales and disposals of assets 92 (1,406)
Stock-based compensation expense 1,378 911
Change in deferred income taxes 909 (1,186)
Change in operating assets 46,330 (64,485)
Change in operating liabilities (48,116) 17,658
Other 841 (1,885)
Loss on early extinguishment of debt   38,248
Net cash provided by operating activities 71,903 75,101
Investing activities:    
Capital expenditures (31,793) (19,559)
Acquisition, net of cash received (11,584)  
Proceeds from sales of assets   5,425
Net cash used in investing activities (43,377) (14,134)
Financing activities:    
Proceeds from issuance of debt   227,525
Payments of long-term debt (40,581) (230,300)
Net payments under other credit facilities (3,153) (2,626)
Proceeds from exercise of stock options 225 21
Debt issuance costs (36) (7,750)
Debt extinguishment costs   (207)
Net cash used in financing activities (43,545) (13,337)
Net increase (decrease) in cash and cash equivalents (15,019) 47,630
Effect of foreign currency fluctuations on cash (983) 943
Cash and cash equivalents at beginning of fiscal period 152,051 79,199
Cash and cash equivalents at end of fiscal period $ 136,049 $ 127,772