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Unaudited Quarterly Financial Information | 12 Months Ended
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Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Unaudited Quarterly Financial Information | Unaudited Quarterly Financial Information Unaudited quarterly financial information for 2017 and 2016 is as follows: Year Ended March 31, 2017
|  | Quarterly Period Ended
(In thousands, except for per share data) |  | June 30, 2016 |  | September 30, 2016 |  | December 31, 2016 |  | March 31, 2017
Total revenues |  | $ | 209,575 |  |  | $ | 215,052 |  |  | $ | 216,763 |  |  | $ | 240,670 |
Cost of sales |  | 87,984 |  |  | 91,087 |  |  | 92,216 |  |  | 110,487 |
Gross profit |  | 121,591 |  |  | 123,965 |  |  | 124,547 |  |  | 130,183 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Advertising and promotion |  | 27,635 |  |  | 28,592 |  |  | 30,682 |  |  | 41,450 |
General and administrative |  | 19,457 |  |  | 18,795 |  |  | 22,131 |  |  | 28,760 |
Depreciation and amortization |  | 6,832 |  |  | 6,016 |  |  | 5,852 |  |  | 6,651 |
Loss (gain) on divestitures |  | 55,453 |  |  | (496 | ) |  | (3,405 | ) |  | 268 |
Total operating expenses |  | 109,377 |  |  | 52,907 |  |  | 55,260 |  |  | 77,129 |
Operating income |  | 12,214 |  |  | 71,058 |  |  | 69,287 |  |  | 53,054 |
Net interest expense |  | 21,127 |  |  | 20,830 |  |  | 18,554 |  |  | 32,832 |
Loss on extinguishment of debt |  | — |  |  | — |  |  | — |  |  | 1,420 |
(Loss) income before income taxes |  | (8,913 | ) |  | 50,228 |  |  | 50,733 |  |  | 18,802 |
(Benefit) provision for income taxes |  | (3,382 | ) |  | 18,033 |  |  | 19,092 |  |  | 7,712 |
Net (loss) income |  | $ | (5,531 | ) |  | $ | 32,195 |  |  | $ | 31,641 |  |  | $ | 11,090 |
(Loss) earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.10 | ) |  | $ | 0.61 |  |  | $ | 0.60 |  |  | $ | 0.21 |
Diluted |  | $ | (0.10 | ) |  | $ | 0.60 |  |  | $ | 0.59 |  |  | $ | 0.21 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |
Basic |  | 52,881 |  |  | 52,993 |  |  | 52,999 |  |  | 53,009 |
Diluted |  | 52,881 |  |  | 53,345 |  |  | 53,359 |  |  | 53,419 |
Comprehensive (loss) income, net of tax: |  |  |  |  |  |  |  |
Currency translation adjustments |  | (5,824 | ) |  | 2,703 |  |  | (8,736 | ) |  | 9,282 |
Unrecognized net loss on pension plans |  |  |  |  |  |  |  | (252 | )
Total other comprehensive (loss) income |  | (5,824 | ) |  | 2,703 |  |  | (8,736 | ) |  | 9,030 |
Comprehensive (loss) income |  | $ | (11,355 | ) |  | $ | 34,898 |  |  | $ | 22,905 |  |  | $ | 20,120 |
Year Ended March 31, 2016
|  | Quarterly Period Ended
(In thousands, except for per share data) |  | June 30, 2015 |  | September 30, 2015 |  | December 31, 2015 |  | March 31, 2016
Total revenues |  | $ | 192,132 |  |  | $ | 206,065 |  |  | $ | 200,195 |  |  | $ | 207,855 |
Cost of sales (exclusive of depreciation shown below) |  | 79,896 |  |  | 86,125 |  |  | 83,411 |  |  | 89,604 |
Gross profit |  | 112,236 |  |  | 119,940 |  |  | 116,784 |  |  | 118,251 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Advertising and promotion |  | 26,422 |  |  | 27,893 |  |  | 29,935 |  |  | 26,552 |
General and administrative |  | 17,589 |  |  | 16,462 |  |  | 18,135 |  |  | 20,232 |
Depreciation and amortization |  | 5,720 |  |  | 5,687 |  |  | 6,071 |  |  | 6,198 |
|  | 49,731 |  |  | 50,042 |  |  | 54,141 |  |  | 52,982 |
Operating income |  | 62,505 |  |  | 69,898 |  |  | 62,643 |  |  | 65,269 |
Net interest expense |  | 21,884 |  |  | 20,667 |  |  | 19,462 |  |  | 23,147 |
Loss on extinguishment of debt |  | 451 |  |  | — |  |  | — |  |  | 17,519 |
Income before income taxes |  | 40,170 |  |  | 49,231 |  |  | 43,181 |  |  | 24,603 |
Provision for income taxes |  | 13,997 |  |  | 17,428 |  |  | 15,186 |  |  | 10,667 |
Net income |  | $ | 26,173 |  |  | $ | 31,803 |  |  | $ | 27,995 |  |  | $ | 13,936 |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.50 |  |  | $ | 0.60 |  |  | $ | 0.53 |  |  | $ | 0.26 |
Diluted |  | $ | 0.49 |  |  | $ | 0.60 |  |  | $ | 0.53 |  |  | $ | 0.26 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |
Basic |  | 52,548 |  |  | 52,803 |  |  | 52,824 |  |  | 52,833 |
Diluted |  | 52,958 |  |  | 53,151 |  |  | 53,203 |  |  | 53,252 |
Comprehensive income, net of tax: |  |  |  |  |  |  |  |
Currency translation adjustments |  | (405 | ) |  | (11,079 | ) |  | 4,922 |  |  | 6,449 |
Total other comprehensive income (loss) |  | (405 | ) |  | (11,079 | ) |  | 4,922 |  |  | 6,449 |
Comprehensive income |  | $ | 25,768 |  |  | $ | 20,724 |  |  | $ | 32,917 |  |  | $ | 20,385 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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