XML 19 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
 [1]
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Revenues $ 1,196,985 $ 756,132 $ 2,165,407 $ 1,425,064 [1]
Fair value adjustment related to convertible debt liability 4,883 0 27,806 0 [1]
Cost of revenues:        
Total cost of revenues 716,641 426,095 1,258,781 807,643 [1]
Gross Profit 480,344 330,037 906,626 617,421 [1]
Operating expenses:        
Selling, general, and administrative 344,799 172,707 738,551 327,878 [1]
Research and development 18,832 16,143 37,024 32,374 [1]
Restructuring Costs 210 (76) 224 90 [1]
Total operating expenses 363,841 188,774 775,799 360,342 [1]
Income from operations 116,503 141,263 130,827 257,079 [1]
Non-operating expenses, net:        
Interest expense 23,036 8,665 44,848 18,157 [1]
Interest income and miscellaneous expense (1,023) (1,188) (2,457) (3,477) [1]
Total non-operating expenses, net 26,896 7,477 70,197 14,680 [1]
Income before income tax expense 89,607 133,786 60,630 242,399 [1]
Income tax expense 19,982 27,778 12,907 46,860 [1]
Net Income 69,625 106,008 47,723 195,539 [1]
Less: Net Income Attributable to Noncontrolling Interest (186) 150 (281) 84 [2]
Net income (loss) attributable to shareholders $ 69,811 $ 105,858 $ 48,004 $ 195,455 [1]
Net income per common share [Abstract]        
Basic $ 0.70 $ 1.24 $ 0.51 $ 2.30 [1]
Diluted 0.69 1.23 0.50 2.28 [1]
Cash dividends declared per common share outstanding $ 0.43 $ 0.40 $ 0.83 $ 0.77 [1]
Product [Member]        
Revenues:        
Revenues $ 685,238 $ 339,504 $ 1,174,517 $ 640,612 [1]
Cost of revenues:        
Cost of Goods and Services Sold 427,484 175,798 698,890 330,537 [1]
Service [Member]        
Revenues:        
Revenues 511,747 416,628 990,890 784,452 [1]
Cost of revenues:        
Cost of Goods and Services Sold $ 289,157 $ 250,297 $ 559,891 $ 477,106 [1]
[1] Certain amounts have been adjusted to reflect the change in inventory accounting method, as described in our Annual Report on Form 10-K filed with the SEC on May 28, 2021.
[2] Certain amounts have been adjusted to reflect the change in inventory accounting method, as described in our Annual Report on Form 10-K filed with the SEC on May 28, 2021.