v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ 4,015 $ (14,211)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization expense 19,649 26,248
Deferred income taxes 1,928 (7,754)
Amortization of deferred financing fees 376 309
Discount amortization on long-term debt 1,730 2,050
Loss (gain) on disposal of assets 2,101 (499)
Loss on impairment 5,187 21,934
Loss on sale of subsidiaries 0 2,002
Stock-based compensation expense 3,098 2,326
Equity in losses (earnings) from unconsolidated affiliates, net (115) 1,517
Increase (decrease) in cash resulting from changes in:    
Accounts receivable (17,454) 17,027
Inventory, prepaid expenses and other assets (1,272) (516)
Accounts payable, accrued expenses and other liabilities 3,507 (13,992)
Net cash provided by operating activities 22,750 36,441
Cash flows from investing activities:    
Capital expenditures (9,046) (2,968)
Proceeds from asset dispositions 7,558 10,621
Cash transferred in sale of subsidiaries, net of cash received 0 (851)
Net cash provided by (used in) investing activities (1,488) 6,802
Cash flows from financing activities:    
Debt issuance costs (527) (1,895)
Repayment of debt (2,942) (4,002)
Purchase of treasury stock (3,070) (21,793)
Net cash used in financing activities (6,539) (27,690)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (22,304) 2,042
Net increase (decrease) in cash, cash equivalents and restricted cash (7,581) 17,595
Cash, cash equivalents and restricted cash at beginning of period 266,014 231,079
Cash, cash equivalents and restricted cash at end of period 258,433 248,674
Cash paid during the period for:    
Interest 1,082 1,171
Income taxes $ 11,073 $ 3,046

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