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Consolidated Statements of Income (USD $)
In Thousands, except Share data |
12 Months Ended | ||
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Mar. 31, 2011
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Mar. 31, 2010
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Mar. 31, 2009
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| Consolidated Statements of Income | |||
| Net sales | $ 1,964,462 | $ 1,579,385 | $ 1,972,867 |
| Cost of goods sold | 1,514,618 | 1,218,481 | 1,559,433 |
| Gross profit | 449,844 | 360,904 | 413,434 |
| Operating expenses | 259,217 | 235,597 | 256,507 |
| Restructuring charges | 6,813 | 13,929 | 22,424 |
| Bargain purchase gain | (2,919) | ||
| Gain on sales of facilities | (11,308) | ||
| Legal proceedings charge | 3,366 | ||
| Operating earnings | 183,814 | 114,297 | 142,445 |
| Interest expense | 22,038 | 22,658 | 26,733 |
| Charges related to refinancing | 8,155 | 5,209 | |
| Other (income) expense, net | 2,177 | 4,384 | (8,597) |
| Earnings before income taxes | 151,444 | 87,255 | 119,100 |
| Income tax expense | 38,018 | 24,951 | 37,170 |
| Net earnings | $ 113,426 | $ 62,304 | $ 81,930 |
| Net earnings per common share: | |||
| Basic | $ 2.30 | $ 1.29 | $ 1.68 |
| Diluted | $ 2.27 | $ 1.28 | $ 1.66 |
| Weighted-average shares of common stock outstanding: | |||
| Basic | 49,376,132 | 48,122,207 | 48,824,434 |
| Diluted | 50,044,246 | 48,834,095 | 49,420,303 |
| X | ||||||||||
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- Definition
Charges include write-off of deferred financing fees and losses from discontinuing hedge accounting for interest rate swap agreements.
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- Definition
In a business combination in which the amount of net identifiable assets acquired and liabilities assumed exceeds the aggregate consideration transferred or to be transferred (as defined), this element represents the amount of gain recognized by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The amount of net income or loss for the period per each share of common stock outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The difference between the sale price or salvage price and the book value of a property, plant, and equipment asset that was sold or retired during the reporting period. This element refers to the gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.
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- Definition
Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The sum of the current income tax expense (benefit) and the deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.
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| X | ||||||||||
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- Definition
The net result for the period of deducting operating expenses from operating revenues.
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- Definition
The net amount of other nonoperating income and expense, which does not qualify for separate disclosure on the income statement under materiality guidelines. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount charged against earnings in the period for incurred and estimated costs, excluding asset retirement obligations, associated with exit from or disposal of business activities or restructurings pursuant to a program that is planned and controlled by management, and materially changes either the scope of a business undertaken by an entity, or the manner in which that business is conducted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The average number of shares issued and outstanding that are used in calculating diluted EPS, determined based on the timing of issuance of shares in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Number of [basic] shares, after adjustment for contingently issuable shares and other shares not deemed outstanding, determined by relating the portion of time within a reporting period that common shares have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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