XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 442,395 $ 431,795 $ 1,352,839 $ 1,115,842
Cost of sales 316,241 349,692 991,876 882,620
Gross profit 126,154 82,103 360,963 233,222
Selling, general and administrative expenses 42,187 36,772 123,341 100,674
Legal and environmental charges (5,589) (5,589)
Profit from operations 89,556 45,331 243,211 132,548
Other income (loss):        
Interest income 4,621 2,907 12,159 10,305
Other, net (3,616) (686) (5,107) (1,917)
Income before income taxes 90,561 47,552 250,263 140,936
Provision for income taxes 16,264 140,764 47,934 167,846
Net income (loss) $ 74,297 $ (93,212) $ 202,329 $ (26,910)
Income (loss) per share:        
Basic (in dollars per share) $ 0.44 $ (0.55) $ 1.20 $ (0.16)
Diluted (in dollars per share) 0.44 (0.55) 1.20 (0.16)
Dividends declared (per share) (in dollars per share) $ 0.115 $ 0.115 $ 0.345 $ 0.34
Weighted average common shares outstanding:        
Basic (in shares) 168,795 168,313 168,679 168,216
Diluted (in shares) [1] 169,314 168,313 169,247 168,216
[1] Common stock equivalents not included in the computation of diluted earnings per share because the impact would have been anti-dilutive were 0 shares for the three month periods ended December 31, 2017 and 2018, respectively, and 121 shares and 8 shares for the nine months ended December 31, 2017 and 2018, respectively.