Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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Income Statement [Abstract] | ||||
Revenue | $ 1,404,638 | $ 1,307,663 | $ 4,222,213 | $ 3,981,421 |
Operating costs and expenses: | ||||
Cost of revenue | 652,236 | 630,189 | 1,967,258 | 1,899,376 |
Billable expenses | 428,685 | 355,401 | 1,270,941 | 1,097,741 |
General and administrative expenses | 201,183 | 200,809 | 585,340 | 597,611 |
Depreciation and amortization | 14,410 | 16,148 | 43,588 | 46,617 |
Total operating costs and expenses | 1,296,514 | 1,202,547 | 3,867,127 | 3,641,345 |
Operating income | 108,124 | 105,116 | 355,086 | 340,076 |
Interest expense | (14,176) | (17,762) | (46,757) | (52,937) |
Other, net | (1,333) | 555 | (4,603) | 309 |
Income before income taxes | 92,615 | 87,909 | 303,726 | 287,448 |
Income tax expense (benefit) | 37,025 | (20,146) | 117,489 | 58,871 |
Net income | $ 55,590 | $ 108,055 | $ 186,237 | $ 228,577 |
Earnings per common share (Note 3): | ||||
Basic (in dollars per share) | $ 0.37 | $ 0.72 | $ 1.25 | $ 1.54 |
Diluted (in dollars per share) | 0.37 | 0.71 | 1.23 | 1.51 |
Dividends declared per share | $ 0.15 | $ 0.13 | $ 0.45 | $ 0.39 |
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- Definition Billable expenses include direct subcontractor expenses, travel expenses, and other expenses incurred to perform on contracts. No definition available.
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- Definition Cost of revenue includes direct labor, related employee benefits, and overhead. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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