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QUARTERLY DATA -UNAUDITED (Tables)
12 Months Ended
Mar. 31, 2015
QUARTERLY DATA -UNAUDITED [Abstract]  
Condensed Quarterly Financial Information
Condensed quarterly financial information is as follows (amounts in thousands, except per share amounts):

  
Year Ended March 31, 2015
 
  
First
Quarter
  
Second
Quarter
  
Third
Quarter
  
Fourth
Quarter
  
Annual
Amount
 
           
Net sales
 
$
272,304
  
$
297,472
  
$
306,241
  
$
267,265
  
$
1,143,282
 
Cost of sales
  
215,865
   
233,548
   
240,803
   
208,519
   
898,735
 
Gross profit
  
56,439
   
63,924
   
65,438
   
58,746
   
244,547
 
Operating expenses
  
41,697
   
43,598
   
44,876
   
43,666
   
173,837
 
Operating income
  
14,742
   
20,326
   
20,562
   
15,080
   
70,710
 
Other income
  
1,434
   
-
   
6,169
   
-
   
7,603
 
Earnings before provision for income taxes
  
16,176
   
20,326
   
26,731
   
15,080
   
78,313
 
Provision for income taxes
  
6,699
   
8,374
   
11,230
   
6,170
   
32,473
 
Net earnings
 
$
9,477
  
$
11,952
  
$
15,501
  
$
8,910
  
$
45,840
 
                     
Net earnings per common share—Basic (1)
 
$
1.26
  
$
1.63
  
$
2.14
  
$
1.23
  
$
6.26
 
 
Net earnings per common share—Diluted (1)
 
$
1.25
  
$
1.63
  
$
2.13
  
$
1.22
  
$
6.19
 
 
  
Year Ended March 31, 2014
 
  
First
Quarter
  
Second
Quarter
  
Third
Quarter
  
Fourth
Quarter
  
Annual
Amount
 
           
Net sales
 
$
259,317
  
$
271,129
  
$
267,182
  
$
259,908
  
$
1,057,536
 
Cost of sales
  
206,583
   
218,349
   
210,433
   
205,258
   
840,623
 
Gross profit
  
52,734
   
52,780
   
56,749
   
54,650
   
216,913
 
Operating expenses
  
39,381
   
38,085
   
38,696
   
40,653
   
156,815
 
Operating income
  
13,353
   
14,695
   
18,053
   
13,997
   
60,098
 
Provision for income taxes
  
5,503
   
6,104
   
7,443
   
5,775
   
24,825
 
Net earnings
 
$
7,850
  
$
8,591
  
$
10,610
  
$
8,222
  
$
35,273
 
                     
Net earnings per common share—Basic (1)
 
$
0.98
  
$
1.07
  
$
1.33
  
$
1.04
  
$
4.41
 
 
Net earnings per common share—Diluted (1)
 
$
0.97
  
$
1.06
  
$
1.32
  
$
1.03
  
$
4.37
 

(1)Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.