XML 33 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net revenues $ 210,300 $ 216,183 $ 414,226 $ 439,289
Cost of revenues 102,668 105,737 203,311 215,770
Gross profit 107,632 110,446 210,915 223,519
Operating expenses:        
Research, development, and engineering 19,932 22,379 41,145 44,723
Selling, general, and administrative 57,696 56,875 113,929 112,662
(Gain) loss, net from litigation settlements (104) (349) (280) 4,390
Restructuring and other related charges (credits) (51) (415) 2,522 (1,463)
Total operating expenses 77,473 78,490 157,316 160,312
Operating income 30,159 31,956 53,599 63,207
Interest expense (7,260) (7,257) (14,563) (14,545)
Other non-operating income and (expense), net 1,826 1,340 2,740 3,692
Income before income taxes 24,725 26,039 41,776 52,354
Income tax expense 4,772 5,565 2,995 11,493
Net income $ 19,953 $ 20,474 $ 38,781 $ 40,861
Earnings per common share:        
Basic (in dollars per share) $ 0.59 $ 0.63 $ 1.16 $ 1.27
Diluted (in dollars per share) $ 0.59 $ 0.63 $ 1.14 $ 1.24
Shares used in computing basic earnings per common share 32,570 32,281 32,538 32,269
Shares used in computing diluted earnings per common share 32,809 32,726 33,111 32,865
Cash dividends declared per common share (in dollars per share) $ 0.15 $ 0.15 $ 0.3 $ 0.3