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QUARTERLY FINANCIAL INFORMATION (Unaudited)
12 Months Ended
Mar. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 
Fiscal 2012
 
Fiscal 2011
 
June 30
 
Sept. 30
 
Dec. 31
 
Mar. 31 (4)
 
June 30 (5) (6)
 
Sept. 30
 
Dec. 31
 
Mar. 31
BUSINESS SEGMENT SALES
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aerostructures
$
643,306

 
$
587,977

 
$
626,046

 
$
714,247

 
$
231,335

 
$
577,700

 
$
613,544

 
$
703,461

Aerospace Systems
133,010

 
133,775

 
133,291

 
151,724

 
117,433

 
123,500

 
124,693

 
147,809

Aftermarket Services
70,368

 
70,547

 
68,639

 
83,120

 
59,797

 
68,686

 
74,709

 
69,536

Inter-segment Elimination
(1,621
)
 
(1,771
)
 
(2,014
)
 
(2,715
)
 
(1,356
)
 
(1,686
)
 
(2,093
)
 
(1,720
)
TOTAL SALES
$
845,063

 
$
790,528

 
$
825,962

 
$
946,376

 
$
407,209

 
$
768,200

 
$
810,853

 
$
919,086

GROSS PROFIT(1)
$
176,965

 
$
179,705

 
$
187,296

 
$
219,629

 
$
98,425

 
$
157,427

 
$
163,300

 
$
191,840

OPERATING INCOME
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aerostructures
$
87,974

 
$
92,489

 
$
103,947

 
$
119,004

 
$
36,067

 
$
69,964

 
$
70,606

 
$
91,146

Aerospace Systems
22,417

 
22,644

 
18,623

 
26,351

 
18,348

 
17,149

 
17,436

 
22,359

Aftermarket Services
6,961

 
7,015

 
6,917

 
10,966

 
4,121

 
8,163

 
9,494

 
6,996

Corporate
(11,972
)
 
(13,692
)
 
(11,847
)
 
26,918

 
(25,686
)
 
(9,159
)
 
(10,877
)
 
(12,091
)
TOTAL OPERATING INCOME
$
105,380

 
$
108,456

 
$
117,640

 
$
183,239

 
$
32,850

 
$
86,117

 
86,659

 
$
108,410

INCOME (LOSS) FROM
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
$
50,904

 
$
58,564

 
$
65,903

 
$
106,251

 
$
11,580

 
$
41,821

 
$
44,980

 
$
54,030

Discontinued Operations
(689
)
 
(76
)
 

 

 
(208
)
 
(281
)
 
(336
)
 
(1,687
)
NET INCOME
$
50,215

 
$
58,488

 
$
65,903

 
$
106,251

 
$
11,372

 
$
41,540

 
$
44,644

 
$
52,343

Basic Earnings (Loss) per share(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
$
1.05

 
$
1.20

 
$
1.35

 
$
2.16

 
$
0.33

 
$
0.87

 
$
0.93

 
$
1.12

Discontinued Operations
(0.01
)
 

 

 

 
(0.01
)
 
(0.01
)
 
(0.01
)
 
(0.03
)
Net Income
$
1.04

 
$
1.20

 
$
1.35

 
$
2.16

 
$
0.32

 
$
0.86

 
$
0.93

*
$
1.09

Diluted Earnings (Loss) per share(2)(3)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
$
0.99

 
$
1.13

 
$
1.27

 
$
2.03

 
$
0.31

 
$
0.84

 
$
0.88

 
$
1.05

Discontinued Operations
(0.01
)
 

 

 

 
(0.01
)
 
(0.01
)
 
(0.01
)
 
(0.03
)
Net Income
$
0.98

 
$
1.13

 
$
1.27

 
$
2.03

 
$
0.30

 
$
0.83

 
$
0.88

*
$
1.02


*
Difference due to rounding.
(1)
Gross profit includes depreciation.
(2)
The sum of the earnings for Continuing Operations and Discontinued Operations does not necessarily equal the earnings for the quarter due to rounding.
(3)
The sum of the diluted earnings per share for the four quarters does not necessarily equal the total year diluted earnings per share due to the dilutive effect of the potential common shares related to the convertible debt.
(4)
Includes a pre-tax curtailment gain, net of $40,400 due to amendments made to the Company's defined benefit plans as disclosed in Note 15.
(5)
Includes the results of Vought from June 16, 2010 through June 30, 2010.
(6)
Includes acquisition expenses of $17,367 from the acquisition of Vought.