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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Net sales $ 257,930 $ 215,017 $ 514,417 $ 423,787
Other revenues 96 35 182 840
Total revenues 258,026 215,052 514,599 424,627
Cost of Sales        
Cost of sales excluding depreciation 112,580 91,087 224,337 179,071
Cost of sales depreciation 1,348 0 2,688 0
Cost of sales 113,928 91,087 227,025 179,071
Gross profit 144,098 123,965 287,574 245,556
Operating Expenses        
Advertising and promotion 39,188 28,592 76,132 56,227
General and administrative 21,567 18,795 41,903 38,252
Depreciation and amortization 7,186 6,016 14,353 12,848
(Gain) loss on divestitures 0 (496) 0 54,957
Total operating expenses 67,941 52,907 132,388 162,284
Operating income 76,157 71,058 155,186 83,272
Other (income) expense        
Interest income (85) (46) (154) (103)
Interest expense 26,921 20,876 53,331 42,060
Total other expense 26,836 20,830 53,177 41,957
Income before income taxes 49,321 50,228 102,009 41,315
Provision for income taxes 18,616 18,033 37,545 14,651
Net income $ 30,705 $ 32,195 $ 64,464 $ 26,664
Earnings per share:        
Basic (in USD per share) $ 0.58 $ 0.61 $ 1.21 $ 0.50
Diluted (in USD per share) $ 0.57 $ 0.60 $ 1.20 $ 0.50
Weighted average shares outstanding:        
Basic (in shares) 53,098 52,993 53,068 52,941
Diluted (in shares) 53,539 53,345 53,524 53,329
Comprehensive income (loss), net of tax:        
Currency translation adjustments $ 2,716 $ 2,703 $ 3,835 $ (3,121)
Unrecognized net gain on pension plans 0 0 1 0
Total other comprehensive income (loss) 2,716 2,703 3,836 (3,121)
Comprehensive income $ 33,421 $ 34,898 $ 68,300 $ 23,543