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Unaudited Quarterly Financial Information (Tables) | 12 Months Ended
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Mar. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | Unaudited quarterly financial information for 2020 and 2019 is as follows: Year Ended March 31, 2020
|  | Quarterly Period Ended |  |  |  |  |  |
(In thousands, except for per share data) |  | June 30, 2019 |  | September 30, 2019 |  | December 31, 2019 |  | March 31, 2020
Total revenues |  | $ | 232,154 |  |  | $ | 238,069 |  |  | $ | 241,552 |  |  | $ | 251,235 |
Cost of sales |  | 98,087 |  |  | 101,318 |  |  | 104,057 |  |  | 107,325 |
Gross profit |  | 134,067 |  |  | 136,751 |  |  | 137,495 |  |  | 143,910 |
Operating expenses |  |  |  |  |  |  |  |
Advertising and promotion |  | 34,801 |  |  | 38,667 |  |  | 33,559 |  |  | 40,167 |
General and administrative |  | 21,706 |  |  | 22,514 |  |  | 21,308 |  |  | 23,584 |
Depreciation and amortization |  | 6,074 |  |  | 6,222 |  |  | 6,224 |  |  | 6,242 |
Total operating expenses |  | 62,581 |  |  | 67,403 |  |  | 61,091 |  |  | 69,993 |
Operating income |  | 71,486 |  |  | 69,348 |  |  | 76,404 |  |  | 73,917 |
Interest expense, net of interest income |  | 25,020 |  |  | 24,477 |  |  | 24,275 |  |  | 22,452 |
Loss on extinguishment of debt |  | — |  |  | — |  |  | 2,155 |  |  | — |
Other expense (income), net |  | 416 |  |  | 859 |  |  | (580) |  |  | 930 |
Income before income taxes |  | 46,050 |  |  | 44,012 |  |  | 50,554 |  |  | 50,535 |
Provision for income taxes |  | 12,125 |  |  | 10,760 |  |  | 12,496 |  |  | 13,489 |
Net income |  | $ | 33,925 |  |  | $ | 33,252 |  |  | $ | 38,058 |  |  | $ | 37,046 |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.66 |  |  | $ | 0.66 |  |  | $ | 0.76 |  |  | $ | 0.74 |
Diluted |  | $ | 0.65 |  |  | $ | 0.65 |  |  | $ | 0.75 |  |  | $ | 0.73 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |
Basic |  | 51,697 |  |  | 50,455 |  |  | 50,378 |  |  | 50,367 |
Diluted |  | 52,047 |  |  | 50,811 |  |  | 50,831 |  |  | 50,878 |
Comprehensive (loss) income, net of tax: |  |  |  |  |  |  |  |
Currency translation adjustments |  | (224) |  |  | (3,584) |  |  | 3,497 |  |  | (12,052) |
Unrealized loss on interest rate swaps |  | — |  |  | — |  |  | — |  |  | (4,864) |
Unrecognized net gain on pension plans |  | — |  |  | — |  |  | — |  |  | (1,187) |
Total other comprehensive (loss) income |  | (224) |  |  | (3,584) |  |  | 3,497 |  |  | (18,103) |
Comprehensive income |  | $ | 33,701 |  |  | $ | 29,668 |  |  | $ | 41,555 |  |  | $ | 18,943 |
Year Ended March 31, 2019
|  | Quarterly Period Ended |  |  |  |  |  |
(In thousands, except for per share data) |  | June 30, 2018 |  | September 30, 2018 |  | December 31, 2018 |  | March 31, 2019
Total revenues |  | $ | 253,980 |  |  | $ | 239,357 |  |  | $ | 241,414 |  |  | $ | 241,026 |
Cost of sales |  | 113,357 |  |  | 101,885 |  |  | 102,179 |  |  | 102,780 |
Gross profit |  | 140,623 |  |  | 137,472 |  |  | 139,235 |  |  | 138,246 |
Operating expenses |  |  |  |  |  |  |  |
Advertising and promotion |  | 37,111 |  |  | 37,042 |  |  | 34,504 |  |  | 34,433 |
General and administrative |  | 23,941 |  |  | 24,034 |  |  | 20,485 |  |  | 21,299 |
Depreciation and amortization |  | 7,084 |  |  | 6,756 |  |  | 6,705 |  |  | 6,502 |
Gain on divestiture |  | — |  |  | (1,284) |  |  | — |  |  | — |
Goodwill and tradename impairment |  | — |  |  | — |  |  | — |  |  | 229,461 |
Total operating expenses |  | 68,136 |  |  | 66,548 |  |  | 61,694 |  |  | 291,695 |
Operating income (loss) |  | 72,487 |  |  | 70,924 |  |  | 77,541 |  |  | (153,449) |
Interest expense, net of interest income |  | 25,940 |  |  | 27,070 |  |  | 26,327 |  |  | 25,745 |
Other expense (income), net |  | 87 |  |  | 335 |  |  | 218 |  |  | (164) |
Income (loss) before income taxes |  | 46,460 |  |  | 43,519 |  |  | 50,996 |  |  | (179,030) |
Provision (benefit) for income taxes |  | 11,994 |  |  | 12,678 |  |  | 12,829 |  |  | (39,756) |
Net income (loss) |  | $ | 34,466 |  |  | $ | 30,841 |  |  | $ | 38,167 |  |  | $ | (139,274) |
Earnings (loss) per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.65 |  |  | $ | 0.59 |  |  | $ | 0.74 |  |  | $ | (2.68) |
Diluted |  | $ | 0.65 |  |  | $ | 0.59 |  |  | $ | 0.73 |  |  | $ | (2.68) |
Weighted average shares outstanding: |  |  |  |  |  |  |  |
Basic |  | 52,640 |  |  | 51,841 |  |  | 51,881 |  |  | 51,912 |
Diluted |  | 52,942 |  |  | 52,153 |  |  | 52,202 |  |  | 51,912 |
Comprehensive (loss) income, net of tax: |  |  |  |  |  |  |  |
Currency translation adjustments |  | (2,974) |  |  | (2,145) |  |  | (2,020) |  |  | 659 |
Unrecognized net loss on pension plans |  | — |  |  | — |  |  | — |  |  | 48 |
Total other comprehensive (loss) income |  | (2,974) |  |  | (2,145) |  |  | (2,020) |  |  | 707 |
Comprehensive income (loss) |  | $ | 31,492 |  |  | $ | 28,696 |  |  | $ | 36,147 |  |  | $ | (138,567) |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
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