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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Condensed Consolidated Statements of Income [Abstract]        
Net sales $ 175,548,000 $ 154,730,000 $ 324,582,000 $ 250,086,000
Cost of goods sold 139,597,000 115,004,000 265,060,000 196,973,000
Gross profit 35,951,000 39,726,000 59,522,000 53,113,000
Operating expenses:        
General and administrative 14,465,000 12,518,000 26,951,000 24,205,000
Sales and marketing 5,520,000 4,326,000 10,888,000 8,526,000
Research and development 2,495,000 1,972,000 4,996,000 3,914,000
Foreign exchange impact of lease liabilities and forward contracts 3,917,000 (3,985,000) 1,384,000 (8,802,000)
Total operating expenses 26,397,000 14,831,000 44,219,000 27,843,000
Operating income 9,554,000 24,895,000 15,303,000 25,270,000
Interest expense, net 3,620,000 3,614,000 7,561,000 8,023,000
Income before income tax expense 5,934,000 21,281,000 7,742,000 17,247,000
Income tax expense 2,251,000 6,097,000 3,198,000 5,075,000
Net income $ 3,683,000 $ 15,184,000 $ 4,544,000 $ 12,172,000
Basic net income per share (in dollars per share) $ 0.19 $ 0.80 $ 0.24 $ 0.64
Diluted net income per share (in dollars per share) $ 0.19 $ 0.78 $ 0.23 $ 0.63
Weighted average number of shares outstanding:        
Basic (in shares) 19,135,356 19,022,414 19,094,904 18,999,461
Diluted (in shares) 19,619,774 19,345,311 19,638,045 19,289,765