Selected Quarterly Financial Data

12 Months Ended

Mar. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data

Selected Quarterly Financial Data (Unaudited)

Below is selected quarterly financial data for fiscal 2014 and 2013:

	Three Months Ended
	June 30, 2013		September 30, 2013		December 31, 2013		March 31, 2014
Net sales	$	138,891	$	138,852	$	145,072	$	160,475
Gross profit	43,491		44,260		42,997		50,300
Income from operations	13,436		12,286		11,101		17,527
Net income	$	7,020	$	7,122	$	6,664	$	9,615
Net income per share – basic	$	0.36	$	0.36	$	0.34	$	0.49
Net income per share – diluted	$	0.35	$	0.36	$	0.33	$	0.48

	Three Months Ended
	June 30, 2012		September 30, 2012		December 31, 2012		March 31, 2013
Net sales	$	153,013	$	146,472	$	153,225	$	144,553
Gross profit	43,824		42,402		43,797		44,208
Income from operations	12,782		12,920		14,189		14,480
Net income (1)	$	8,436	$	8,252	$	9,579	$	52,029
Net income per share – basic	$	0.44	$	0.42	$	0.49	$	2.68
Net income per share – diluted	$	0.43	$	0.42	$	0.49	$	2.64

(1) During the quarter ended March 31, 2013, the Company reversed its deferred tax asset valuation allowance in the United States of $49,161,000, which is included in its provision for income taxes.