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Business and Basis of Presentation (Tables)
 6 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Effects of Recently Adopted Accounting Pronouncement
The effects of this recently adopted accounting pronouncement to our consolidated balance sheet as of April 1, 2018 are as follows:
(In thousands)
Balance
March 31, 2018
 
New Revenue Standard Adjustment
 
Balance
April 1, 2018
Accounts receivable, net
$
140,881


$
5,438


$
146,319

Inventories
118,547


(1,768
)

116,779

Other accrued liabilities
52,101


1,925


54,026

Deferred income tax liabilities
442,518


401


442,919

Retained earnings
736,277


1,344


737,621

The impact of adopting ASC 606 on our Condensed Consolidated Statements of Income and Comprehensive Income is as follows:


Three Months Ended September 30, 2018
 
Six Months Ended September 30, 2018
(In thousands)
As Reported
 
Impact of Change
 
Without Adoption of ASC 606
 
As Reported
 
Impact of Change
 
Without Adoption of ASC 606
Total revenues
$
239,357


$
(16,165
)

$
223,192

 
$
493,337


$
(22,110
)

$
471,227

Cost of sales
$
101,885


$
(6,204
)

$
95,681

 
$
215,242


$
(8,396
)

$
206,846

Total operating expenses
$
66,548


$
(440
)

$
66,108

 
$
134,684


$
(579
)

$
134,105

Income before income taxes
$
43,519


$
(9,521
)

$
33,998


$
89,979


$
(13,135
)

$
76,844

Provision for income taxes
$
12,678


$
(2,771
)

$
9,907

 
$
24,672


$
(3,752
)

$
20,920

Net income
$
30,841


$
(6,750
)

$
24,091

 
$
65,307


$
(9,383
)

$
55,924