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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ / shares in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Net revenues $ 805,126 $ 739,538 $ 2,592,738 $ 2,351,201
Cost of sales 487,055 506,562 1,427,512 1,143,600
Gross Profit 318,071 232,976 1,165,226 1,207,601
Operating expenses:        
Research and development 169,650 115,202 464,167 331,785
Selling, general and administrative 208,639 332,190 724,729 975,584
Depreciation and amortization 5,506 5,506 16,517 16,603
Total operating expenses 383,795 452,898 1,205,413 1,323,972
(Loss) from operations (65,724) (219,922) (40,187) (116,371)
Other income (expense):        
Interest income 6,051 6,846 19,745 20,292
Interest and finance expenses (857) (838) (3,728) (2,811)
Total other income (expense) 5,194 6,008 16,017 17,481
(Loss) before provision for income taxes (60,530) (213,914) (24,170) (98,890)
Provision (benefit) for income taxes:        
Current (12,985) (6,000) (11,985)
Deferred 72,000 (65,000) 82,000 (97,000)
Total provision (benefit) for income taxes 59,015 (71,000) 70,015 (97,000)
Net (loss) $ (119,545) $ (142,914) $ (94,185) $ (1,890)
Basic and diluted per common share: (in dollars per share) $ 0 $ 0 $ 0 $ 0
Weighted average shares of common stock outstanding - basic and diluted (in shares) 67,588,492 67,588,492 67,588,492 67,588,492