QUARTERLY DATA -UNAUDITED (Tables)

12 Months Ended

Mar. 31, 2016

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, 2016
	First Quarter		Second  Quarter		Third Quarter		Fourth Quarter		Annual Amount
Net sales	$	269,866	$	336,286	$	298,644	$	299,403	$	1,204,199
Cost of sales		210,736		264,365		234,584		232,457		942,142
Gross profit		59,130		71,921		64,060		66,946		262,057
Operating expenses		44,064		45,260		46,415		50,567		186,306
Operating income		15,066		26,661		17,645		16,379		75,751
Earnings before provision for income taxes		15,066		26,661		17,645		16,379		75,751
Provision for income taxes		6,252		10,982		7,348		6,422		31,004
Net earnings	$	8,814	$	15,679	$	10,297	$	9,957	$	44,747
Net earnings per common share—Basic (1)	$	1.22	$	2.16	$	1.41	$	1.37	$	6.17
Net earnings per common share—Diluted (1)	$	1.21	$	2.15	$	1.40	$	1.36	$	6.09

	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

(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.