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.
The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef