v2.3.0.11
Consolidated Statements of Income (USD $)
In Thousands, except Share data
12 Months Ended
Mar. 31, 2011
Mar. 31, 2010
Mar. 31, 2009
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