v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss) $ 423,809 $ 463,416 $ 477,639
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-cash Activity:      
Depreciation, Depletion, and Amortization 164,746 158,902 149,832
Deferred Income Tax Provision 22,720 (4,855) 7,953
Stock Compensation Expense 21,266 18,743 19,900
Equity in Earnings of Unconsolidated Joint Venture (19,989) (26,396) (31,581)
Distributions from Joint Venture 0 0 7,000
Changes in Operating Assets and Liabilities:      
Accounts Receivable (16,241) (7,904) (551)
Inventories 6,784 (36,832) (67,232)
Accounts Payable and Accrued Liabilities 8,795 874 13,794
Other Assets (546) (16,747) (20,468)
Income Taxes Receivable 2,822 (653) 7,652
Net Cash Provided by Operating Activities 614,166 548,548 563,938
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant, and Equipment (416,739) (195,281) (120,305)
Minority Investment (15,000) 0 0
Acquisition Spending 0 (174,850) (55,053)
Net Cash Used in Investing Activities (431,739) (370,131) (175,358)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings Under Revolving Credit Facility 145,000 335,000 13,000
Repayment of Borrowings Under Revolving Credit Facility (345,000) (305,000) 0
Borrowings Under Term Loan 0 125,000 0
Repayment of Term Loan (15,000) (11,250) (10,000)
Proceeds from Issuance of 5.000% Senior Notes 741,772 0 0
Dividends Paid to Stockholders (32,385) (33,722) (35,298)
Purchase and Retirement of Common Stock (381,809) (298,286) (343,274)
Payment of Excise Tax on Purchases and Retirement of Common Stock (2,587) (3,331) 0
Proceeds from Stock Option Exercises 535 6,380 17,098
Payment of Debt Issuance Costs (6,851) (1,834) 0
Shares Redeemed to Settle Employee Taxes on Stock Compensation (8,583) (5,898) (10,423)
Net Cash Provided by (Used in) Financing Activities 95,092 (192,941) (368,897)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 277,519 (14,524) 19,683
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 20,401 34,925 15,242
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 297,920 $ 20,401 $ 34,925