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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, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Total revenues $ 289,273 $ 276,225 $ 566,332 $ 545,406
Cost of Sales        
Cost of sales excluding depreciation 126,384 116,722 241,380 225,057
Cost of sales depreciation 1,880 1,791 3,824 3,625
Cost of sales 128,264 118,513 245,204 228,682
Gross profit 161,009 157,712 321,128 316,724
Operating Expenses        
Advertising and marketing 43,819 40,730 83,770 80,169
General and administrative 26,438 32,252 53,152 54,723
Depreciation and amortization 6,368 6,172 12,808 11,932
Total operating expenses 76,625 79,154 149,730 146,824
Operating income 84,384 78,558 171,398 169,900
Other expense        
Interest expense, net 16,979 16,313 32,271 31,390
Loss on extinguishment of debt 0 2,122 0 2,122
Other expense, net 812 493 1,637 388
Total other expense, net 17,791 18,928 33,908 33,900
Income before income taxes 66,593 59,630 137,490 136,000
Provision for income taxes 15,570 14,305 31,195 32,920
Net income $ 51,023 $ 45,325 $ 106,295 $ 103,080
Earnings per share:        
Basic (in USD per share) $ 1.02 $ 0.90 $ 2.12 $ 2.05
Diluted (in USD per share) $ 1.02 $ 0.89 $ 2.11 $ 2.03
Weighted average shares outstanding:        
Basic (in shares) 49,804 50,232 50,033 50,186
Diluted (in shares) 50,265 50,791 50,496 50,731
Comprehensive income, net of tax:        
Currency translation adjustments $ (7,118) $ (4,197) $ (16,637) $ (5,689)
Unrealized gain on interest rate swaps 0 550 0 1,070
Net loss on termination of pension plan 0 0 (790) 0
Total other comprehensive loss (7,118) (3,647) (17,427) (4,619)
Comprehensive income 43,905 41,678 88,868 98,461
Net sales        
Revenues        
Total revenues 289,264 276,217 566,288 545,389
Other revenues        
Revenues        
Total revenues $ 9 $ 8 $ 44 $ 17