Quarterly report pursuant to Section 13 or 15(d)

Cash Flow Statement

v3.22.2.2
Cash Flow Statement
6 Months Ended
Sep. 30, 2022
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Statement

NOTE 8 – CASH FLOW STATEMENT:

Interest paid was $362 and $135 in the six-month periods ended September 30, 2022 and 2021, respectively. Income taxes paid for the six months ended September 30, 2022 and 2021 were $151 and $1,318, respectively.

At September 30, 2022 and 2021, there were $205 and $39, respectively, of capital purchases that were recorded in accounts payable and are not included in the caption "Purchase of property, plant and equipment" in the Condensed Consolidated Statements of Cash Flows.

The $59,563 of cash utilized for the acquisition of BN included the cash consideration of $61,150, net of cash acquired of $1,587. Upon completion of the final purchase price allocation and after the adjustments made during the measurement period, the cash utilized for the acquisition was $60,282, including cash consideration of $61,150, net of cash acquired of $868. In the three months ended June 30, 2021, non-cash activities included the issuance of 610 treasury shares valued at $8,964, included as part of the consideration for the acquisition.

Non-cash activities included pension adjustments, net of income tax, of $68.