Quarterly Results (Unaudited)

12 Months Ended

Mar. 31, 2018

The following quarterly results have been derived from our audited annual consolidated financial statements. In the opinion of management, this unaudited quarterly information has been prepared on the same basis as the annual consolidated financial statements and includes all adjustments, including normal recurring adjustments, necessary for a fair presentation of this quarterly information. This information should be read along with the financial statements and related notes. The operating results for any quarter are not necessarily indicative of results to be expected for any future period.

The unaudited quarterly statement of operations data for each quarter of fiscal years 2018 and 2017 were as follows (in thousands, except per share data):



	Fiscal Year 2018
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Net sales	$	320,735	$	425,537	$	482,741	$	303,173
Gross profit	161,716		211,282		235,088		152,630
Net income	42,912		73,300		33,779		12,004
Basic income per share	$	0.67	$	1.16	$	0.53	$	0.19
Diluted income per share	0.64		1.10		0.52		0.19



	Fiscal Year 2017
	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Net sales	$	259,428	$	428,619	$	523,029	$	327,864
Gross profit	126,685		211,699		255,152		164,279
Net income	18,071		86,039		122,041		35,058
Basic income per share	$	0.29	$	1.37	$	1.91	$	0.55
Diluted income per share	0.27		1.30		1.83		0.52