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Unaudited Quarterly Financial Information (Tables)
12 Months Ended
Mar. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Unaudited quarterly financial information for 2013 and 2012 is as follows:

Year Ended March 31, 2013
 
 
Quarterly Period Ended
(In thousands, except for per share data)
 
June 30,
2012

 
September 30,
2012

 
December 31,
2012

 
March 31,
2013

Total revenues
 
$
146,997

 
$
161,855

 
$
160,232

 
$
154,513

Cost of sales (exclusive of depreciation shown below)
 
63,393

 
71,310

 
75,235

 
66,443

Gross profit
 
83,604

 
90,545

 
84,997

 
88,070

 
 
 
 
 
 
 
 
 
Operating expenses
 
 

 
 

 
 

 
 

Advertising and promotion
 
20,325

 
23,508

 
23,538

 
23,259

General and administrative
 
16,151

 
12,585

 
11,378

 
11,353

Depreciation and amortization
 
3,295

 
3,296

 
3,359

 
3,285

 
 
39,771

 
39,389

 
38,275

 
37,897

Operating income
 
43,833

 
51,156

 
46,722

 
50,173

Net interest expense
 
19,848

 
19,660

 
26,661

 
18,238

Gain on settlement
 

 

 

 

Loss on extinguishment of debt
 

 

 

 
1,443

Income before income taxes
 
23,985

 
31,496

 
20,061

 
30,492

Provision for income taxes
 
9,330

 
12,252

 
7,804

 
11,143

Net income
 
14,655

 
19,244

 
12,257

 
19,349

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.29

 
$
0.38

 
$
0.24

 
$
0.38

Diluted
 
$
0.29

 
$
0.38

 
$
0.24

 
$
0.37

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
50,342

 
50,364

 
50,686

 
51,147

Diluted
 
51,106

 
51,225

 
51,523

 
51,913

 
 
 
 
 
 
 
 
 
Comprehensive income, net of tax:
 
 
 
 
 
 
 
 
Currency translation adjustments
 
(42
)
 
66

 
(1
)
 
(114
)
Total other comprehensive income (loss)
 
(42
)
 
66

 
(1
)
 
(114
)
Comprehensive income
 
14,613

 
19,310

 
12,256

 
19,235



Year Ended March 31, 2012


 
 
Quarterly Period Ended
(In thousands, except for per share data)
 
June 30,
2011

 
September 30,
2011

 
December 31,
2011

 
March 31,
2012

Total revenues
 
$
95,295

 
$
105,544

 
$
106,250

 
$
133,996

Cost of sales (exclusive of depreciation shown below)
 
45,427

 
51,638

 
51,128

 
65,508

Gross profit
 
49,868

 
53,906

 
55,122

 
68,488

 
 
 
 
 
 
 
 
 
Operating expenses
 
 

 
 

 
 

 
 

Advertising and promotion
 
10,233

 
13,073

 
15,274

 
18,547

General and administrative
 
9,850

 
8,861

 
13,655

 
24,334

Depreciation and amortization
 
2,550

 
2,570

 
2,563

 
3,051

 
 
22,633

 
24,504

 
31,492

 
45,932

Operating income
 
27,235

 
29,402

 
23,630

 
22,556

Net interest expense
 
8,578

 
8,279

 
8,116

 
16,347

Gain on settlement
 
(5,063
)
 

 

 

Loss on extinguishment of debt
 

 

 

 
5,409

Income before income taxes
 
23,720

 
21,123

 
15,514

 
800

Provision for income taxes
 
8,952

 
8,174

 
6,004

 
815

Net income (loss)
 
14,768

 
12,949

 
9,510

 
(15
)
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.29

 
$
0.26

 
$
0.19

 
$

Diluted
 
$
0.29

 
$
0.26

 
$
0.19

 
$

 
 
 
 
 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
50,183

 
50,278

 
50,307

 
50,314

Diluted
 
50,646

 
50,671

 
50,684

 
50,992

 
 
 
 
 
 
 
 
 
Comprehensive income, net of tax:
 
 
 
 
 
 
 
 
Currency translation adjustments
 
(10
)
 
(42
)
 
(18
)
 
57

Total other comprehensive income (loss)
 
(10
)
 
(42
)
 
(18
)
 
57

Comprehensive income
 
14,758

 
12,907

 
9,492

 
42