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CONSOLIDATED STATEMENTS OF OPERATIONS
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2017
USD ($)
$ / shares
shares
Mar. 31, 2016
USD ($)
$ / shares
shares
Mar. 31, 2015
USD ($)
$ / shares
shares
Net sales $ 2,221,427 $ 2,018,100 $ 2,004,908
Cost of goods sold 1,395,211 1,337,053 1,299,451
Amortization of intangible assets and purchase accounting effect on inventory 6,175 0 0
Gross profit 820,041 681,047 705,457
Operating expenses:      
Marketing and selling 379,641 319,015 321,749
Research and development 130,525 113,176 107,543
General and administrative 100,270 101,012 125,995
Amortization of intangible assets and acquisition-related costs 5,814 984 763
Change in fair value of contingent consideration for business acquisition (8,092) 0 0
Restructuring charges (credits), net 23 17,802 (4,777)
Total operating expenses 608,181 551,989 551,273
Operating income 211,860 129,058 154,184
Interest income, net 1,452 790 1,197
Other income (expense), net 1,677 1,624 (2,298)
Income before income taxes 214,989 131,472 153,083
Provision for income taxes 9,113 3,110 4,654
Net income from continuing operations 205,876 128,362 148,429
Loss from discontinued operations, net of income taxes 0 (9,045) (139,146)
Net income $ 205,876 $ 119,317 $ 9,283
Net income (loss) per share - basic:      
Continuing operations (in dollars per share) | $ / shares $ 1.27 $ 0.79 $ 0.91
Discontinued operations (in dollars per share) | $ / shares 0.00 (0.06) (0.85)
Net income per share - basic (in dollars per share) | $ / shares 1.27 0.73 0.06
Net income (loss) per share - diluted:      
Continuing operations (in dollars per share) | $ / shares 1.24 0.77 0.89
Discontinued operations (in dollars per share) | $ / shares 0.00 (0.05) (0.83)
Net income per share - diluted (in dollars per share) | $ / shares $ 1.24 $ 0.72 $ 0.06
Weighted average shares used to compute net income (loss) per share:      
Basic (in shares) | shares 162,058 163,296 163,536
Diluted (in shares) | shares 165,540 165,792 166,174
Cash dividend per share (in dollars per share) | (per share) $ 0.57 $ 0.53 $ 0.27