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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, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 237,422 $ 238,069 $ 466,816 $ 470,223
Cost of Sales        
Cost of sales excluding depreciation 98,239 100,318 192,363 197,418
Cost of sales depreciation 1,522 1,000 2,924 1,987
Cost of sales 99,761 101,318 195,287 199,405
Gross profit 137,661 136,751 271,529 270,818
Operating Expenses        
Advertising and marketing 38,341 38,667 66,091 73,468
General and administrative 20,388 22,514 40,322 44,220
Depreciation and amortization 6,029 6,222 12,094 12,296
Total operating expenses 64,758 67,403 118,507 129,984
Operating income 72,903 69,348 153,022 140,834
Other (income) expense        
Interest expense, net 21,266 24,477 43,207 49,497
Other (income) expense, net (259) 859 (249) 1,275
Total other expense 21,007 25,336 42,958 50,772
Income before income taxes 51,896 44,012 110,064 90,062
Provision for income taxes 7,307 10,760 21,769 22,885
Net income $ 44,589 $ 33,252 $ 88,295 $ 67,177
Earnings per share:        
Basic (in USD per share) $ 0.89 $ 0.66 $ 1.76 $ 1.32
Diluted (in USD per share) $ 0.88 $ 0.65 $ 1.74 $ 1.31
Weighted average shares outstanding:        
Basic (in shares) 50,330 50,455 50,297 51,073
Diluted (in shares) 50,661 50,811 50,672 51,426
Comprehensive income, net of tax:        
Currency translation adjustments $ 3,665 $ (3,584) $ 14,255 $ (3,808)
Unrealized gain on interest rate swaps 985 0 1,294 0
Total other comprehensive income (loss) 4,650 (3,584) 15,549 (3,808)
Comprehensive income 49,239 29,668 103,844 63,369
Net sales        
Revenues        
Total revenues 237,409 238,051 466,793 470,184
Other revenues        
Revenues        
Total revenues $ 13 $ 18 $ 23 $ 39