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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Revenues      
Total revenues $ 1,086,812 $ 943,365 $ 963,010
Cost of Sales      
Cost of sales excluding depreciation 458,942 389,670 406,554
Cost of sales depreciation 7,224 6,223 4,233
Cost of sales 466,166 395,893 410,787
Gross profit 620,646 547,472 552,223
Operating Expenses      
Advertising and marketing 157,343 140,589 147,194
General and administrative 108,516 85,540 89,112
Depreciation and amortization 24,868 23,941 24,762
Total operating expenses 290,727 250,070 261,068
Operating income 329,919 297,402 291,155
Other expense (income)      
Interest expense, net 64,287 82,328 96,224
Loss on extinguishment of debt 2,122 12,327 2,155
Other expense (income), net 1,052 (1,366) 1,625
Total other expense, net 67,461 93,289 100,004
Income before income taxes 262,458 204,113 191,151
Provision for income taxes 57,077 39,431 48,870
Net income $ 205,381 $ 164,682 $ 142,281
Earnings per share:      
Basic (in USD per share) $ 4.09 $ 3.28 $ 2.81
Diluted (in USD per share) $ 4.04 $ 3.25 $ 2.78
Weighted average shares outstanding:      
Basic (in shares) 50,259 50,210 50,723
Diluted (in shares) 50,842 50,605 51,140
Comprehensive income, net of tax:      
Currency translation adjustments $ (1,296) $ 20,333 $ (12,363)
Unrealized gain (loss) on interest rate swaps 1,819 3,045 (4,864)
Unrecognized net gain (loss) on pension plans 246 1,172 (1,187)
Net gain on pension distribution reclassified to net income 0 (190) 0
Total other comprehensive income (loss) 769 24,360 (18,414)
Comprehensive income 206,150 189,042 123,867
Net sales      
Revenues      
Total revenues 1,086,770 943,324 962,936
Other revenues      
Revenues      
Total revenues $ 42 $ 41 $ 74