XML 18 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Sales $ 283,419 $ 273,800 $ 249,176
Cost of sales 188,105 175,993 169,862
Gross profit 95,314 97,807 79,314
Operating expenses:      
General and administrative 24,767 24,290 22,799
Advertising 22,148 19,255 17,663
Depreciation 2,225 2,126 1,369
Total operating expenses 49,140 45,671 41,831
Income from operations 46,174 52,136 37,483
Other income (expense):      
Interest income, net 1,864 658 141
Other, net 1,083 995 300
Total other income 2,947 1,653 441
Income before provision for income taxes 49,121 53,789 37,924
Provision for income taxes 11,381 16,506 14,105
Net income 37,740 37,283 23,819
Comprehensive income $ 37,740 $ 37,283 $ 23,819
Net income per common share:      
Basic (in dollars per share) $ 1.84 $ 1.83 $ 1.18
Diluted (in dollars per share) $ 1.84 $ 1.82 $ 1.17
Weighted average number of common shares outstanding:      
Basic (in shares) 20,461 20,346 20,232
Diluted (in shares) 20,491 20,433 20,378
Cash dividends declared per common share (in dollars per share) $ 1.06 $ 0.85 $ 0.76