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Unaudited Quarterly Financial Information | 12 Months Ended
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Mar. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Unaudited Quarterly Financial Information | Unaudited Quarterly Financial Information Unaudited quarterly financial information for 2018 and 2017 is as follows: Year Ended March 31, 2018
|  | Quarterly Period Ended
(In thousands, except for per share data) |  | June 30, 2017 |  | September 30, 2017 |  | December 31, 2017 |  | March 31, 2018
Total revenues |  | $ | 256,573 |  |  | $ | 258,026 |  |  | $ | 270,615 |  |  | $ | 255,965 |
Cost of sales |  | 113,097 |  |  | 113,928 |  |  | 122,941 |  |  | 114,708 |
Gross profit |  | 143,476 |  |  | 144,098 |  |  | 147,674 |  |  | 141,257 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Advertising and promotion |  | 36,944 |  |  | 39,188 |  |  | 35,835 |  |  | 35,319 |
General and administrative |  | 20,336 |  |  | 21,567 |  |  | 21,207 |  |  | 21,891 |
Depreciation and amortization |  | 7,167 |  |  | 7,186 |  |  | 7,129 |  |  | 6,946 |
Tradename impairment |  | — |  |  | — |  |  | — |  |  | 99,924 |
Total operating expenses |  | 64,447 |  |  | 67,941 |  |  | 64,171 |  |  | 164,080 |
Operating income |  | 79,029 |  |  | 76,157 |  |  | 83,503 |  |  | (22,823 | )
Net interest expense |  | 26,341 |  |  | 26,836 |  |  | 25,864 |  |  | 26,838 |
Loss on extinguishment of debt |  | — |  |  | — |  |  | — |  |  | 2,901 |
Income (loss) before income taxes |  | 52,688 |  |  | 49,321 |  |  | 57,639 |  |  | (52,562 | )
Provision (benefit) for income taxes |  | 18,929 |  |  | 18,616 |  |  | (257,154 | ) |  | (12,875 | )
Net income (loss) |  | $ | 33,759 |  |  | $ | 30,705 |  |  | $ | 314,793 |  |  | $ | (39,687 | )
Earnings (loss) per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.64 |  |  | $ | 0.58 |  |  | $ | 5.93 |  |  | $ | (0.75 | )
Diluted |  | $ | 0.63 |  |  | $ | 0.57 |  |  | $ | 5.88 |  |  | $ | (0.75 | )
Weighted average shares outstanding: |  |  |  |  |  |  |  |
Basic |  | 53,038 |  |  | 53,098 |  |  | 53,129 |  |  | 53,131 |
Diluted |  | 53,509 |  |  | 53,539 |  |  | 53,543 |  |  | 53,131 |
Comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |
Currency translation adjustments |  | 1,119 |  |  | 2,716 |  |  | 4,492 |  |  | (2,625 | )
Unrecognized net gain on pension plans |  | 1 |  |  | — |  |  | — |  |  | 1,334 |
Total other comprehensive income (loss) |  | 1,120 |  |  | 2,716 |  |  | 4,492 |  |  | (1,291 | )
Comprehensive income (loss) |  | $ | 34,879 |  |  | $ | 33,421 |  |  | $ | 319,285 |  |  | $ | (40,978 | )
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 |

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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 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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