XML 77 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Summary of Information (Tables)
12 Months Ended
Mar. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of unaudited quarterly financial data
Summarized unaudited quarterly financial data are as follows:
 
Fiscal Year 2018
 
Quarter Ended
 
6/30/2017
 
9/30/2017
 
12/31/2017
 
3/31/2018
Net sales
$
209,717

 
$
482,460

 
$
810,478

 
$
400,684

Gross profit
90,625

 
225,117

 
423,471

 
192,429

(Loss) income from operations
(56,256
)
 
67,355

 
193,191

 
18,294

Net (loss) income*
(42,121
)
 
49,559

 
86,341

 
20,615

Net (loss) income per share:
 
 
 
 
 
 
 
Basic
$
(1.32
)
 
$
1.55

 
$
2.71

 
$
0.66

Diluted
$
(1.32
)
 
$
1.54

 
$
2.69

 
$
0.66

 
Fiscal Year 2017
 
Quarter Ended
 
6/30/2016
 
9/30/2016
 
12/31/2016
 
3/31/2017
Net sales
$
174,393

 
$
485,944

 
$
760,345

 
$
369,465

Gross profit
76,252

 
216,425

 
383,634

 
158,924

(Loss) income from operations
(78,319
)
 
54,023

 
53,250

 
(30,873
)
Net (loss) income*
(58,918
)
 
39,305

 
41,027

 
(15,704
)
Net (loss) income per share:
 
 
 
 
 
 
 
Basic
$
(1.84
)
 
$
1.23

 
$
1.28

 
$
(0.49
)
Diluted
$
(1.84
)
 
$
1.21

 
$
1.27

 
$
(0.49
)

*Includes restructuring charges of $1,667 and $28,984 for the years ended March 31, 2018 and 2017, respectively, primarily incurred during the third and fourth quarters of fiscal year 2017 and the first and second quarters of fiscal years 2018. Refer to Note 2, "Restructuring," for further information on the nature of restructuring charges incurred. In addition, includes non-cash impairment charges incurred of $113,944 and $4,086 for the Sanuk brand's wholesale reportable operating segment goodwill and patent, respectively, during the third quarter of fiscal year 2017. Refer to Note 3, "Goodwill and Other Intangible Assets," for further information on the Sanuk brand non-cash impairment charges.