Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 217,307  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 219,882 $ 207,918
Accounts receivable, net [1] 154,522 154,059
Inventories, net 256,140 241,129
Prepaid expenses and other current assets 48,187 38,947
Total current assets [1] 676,156 642,053
Noncurrent Assets:    
Property, plant and equipment, net of accumulated depreciation of $889,142 and $880,451 as of June 30, 2019 and March 31, 2019, respectively 518,310 495,280
Goodwill 40,294 40,294
Intangible assets, net 53,448 53,749
Equity method investments 14,238 12,925
Equity method investments 44,544 57,024
Other assets [1] 44,216 16,770
Total assets [1] 1,391,206 1,318,095
Current liabilities:    
Current portion of long-term debt 29,225 28,430
Accounts payable 161,853 153,287
Accrued expenses [1] 79,173 93,761
Income taxes payable 808 2,995
Total current liabilities [1] 271,059 278,473
Liabilities, Noncurrent [Abstract]    
Long-term debt 282,871 266,041
Other non-current obligations [1] 149,267 125,360
Deferred Tax Liabilities, Net, Noncurrent [1] 11,214 8,806
Liabilities [1] 714,411 678,680
Stockholders’ equity:    
Preferred stock, par value $0.01, authorized 10,000 shares, none issued 0 0
Common stock, par value $0.01, authorized 175,000 shares, issued 58,018 and 57,822 shares at June 30, 2019 and March 31, 2019, respectively 580 578
Additional paid-in capital 466,704 465,366
Retained earnings (deficit) [1] 241,635 204,195
Accumulated other comprehensive income (loss) [1] (32,124) (30,724)
Total stockholders’ equity [1] 676,795 639,415
Total liabilities and stockholders’ equity [1] $ 1,391,206 $ 1,318,095
[1]
 
June 30, 2019
 
March 31, 2019
ASSETS
 

 
 

Current assets:
 

 
 

Cash and cash equivalents
$
217,307

 
$
207,918

Accounts receivable, net
154,522

 
154,059

Inventories, net
256,140

 
241,129

Prepaid expenses and other current assets
48,187

 
38,947

Total current assets
676,156

 
642,053

Property, plant and equipment, net of accumulated depreciation of $889,142 and $880,451 as of June 30, 2019 and March 31, 2019, respectively
518,310

 
495,280

Goodwill
40,294

 
40,294

Intangible assets, net
53,448

 
53,749

Equity method investments
14,238

 
12,925

Deferred income taxes 
44,544

 
57,024

Other assets
44,216

 
16,770

Total assets
$
1,391,206

 
$
1,318,095

 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 

 
 

Current liabilities:
 

 
 

Current portion of long-term debt
$
29,225

 
$
28,430

Accounts payable
161,853

 
153,287

Accrued expenses
79,173

 
93,761

Income taxes payable
808

 
2,995

Total current liabilities 
271,059

 
278,473

Long-term debt
282,871

 
266,041

Other non-current obligations
149,267

 
125,360

Deferred income taxes 
11,214

 
8,806

Total liabilities
714,411

 
678,680

Stockholders’ equity:
 

 
 

Preferred stock, par value $0.01, authorized 10,000 shares, none issued

 

Common stock, par value $0.01, authorized 175,000 shares, issued 58,018 and 57,822 shares at June 30, 2019 and March 31, 2019, respectively
580

 
578

Additional paid-in capital
466,704

 
465,366

Retained earnings
241,635

 
204,195

Accumulated other comprehensive income (loss)
(32,124
)
 
(30,724
)
Total stockholders’ equity
676,795

 
639,415

Total liabilities and stockholders’ equity
$
1,391,206

 
$
1,318,095