XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,148,951 $ 1,306,267 $ 2,308,816 $ 2,618,325
Cost of goods sold 707,026 760,268 1,404,246 1,499,334
Amortization of intangible assets 3,145 3,836 6,187 7,902
Gross profit 438,780 542,163 898,383 1,111,089
Operating expenses:        
Marketing and selling 202,091 256,627 431,469 508,941
Research and development 69,009 68,661 144,526 137,907
General and administrative 26,589 33,271 62,449 73,813
Amortization of intangible assets and acquisition-related costs 2,873 5,107 6,242 10,324
Change in fair value of contingent consideration for business acquisition 0 (925) 0 (2,399)
Restructuring charges, net 10,817 11 10,817 11
Total operating expenses 311,379 362,752 655,503 728,597
Operating income 127,401 179,411 242,880 382,492
Interest income 3,459 201 4,908 517
Other income (expense), net (25,397) (6,703) (19,773) 1,732
Income before income taxes 105,463 172,909 228,015 384,741
Provision for income taxes 23,372 33,453 45,088 58,444
Net income $ 82,091 $ 139,456 $ 182,927 $ 326,297
Net income per share:        
Basic (in dollars per share) $ 0.50 $ 0.83 $ 1.12 $ 1.94
Diluted (in dollars per share) $ 0.50 $ 0.81 $ 1.11 $ 1.90
Weighted average shares used to compute net income per share:        
Basic (in shares) 163,186 168,389 163,937 168,380
Diluted (in shares) 164,328 171,343 165,371 171,682