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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
Share data in Thousands, except Per Share data
3 Months Ended6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Income Statement    
Net sales$ 340,602,000$ 382,271,000$ 715,109,000$ 739,396,000
Cost of sales145,608,000[1]157,266,000[1]300,367,000[1]306,948,000[1]
Gross profit194,994,000225,005,000414,742,000432,448,000
Operating expenses:    
Research and development45,383,000[1]43,720,000[1]90,681,000[1]84,250,000[1]
Selling, general and administrative51,991,000[1]57,584,000[1]109,581,000[1]114,796,000[1]
Special charges0558,00001,033,000
Total operating expenses97,374,000101,862,000200,262,000200,079,000
Operating income97,620,000123,143,000214,480,000232,369,000
Losses on equity method investments(13,000)(43,000)(74,000)(95,000)
Other income (expense):    
Interest income4,028,0004,070,0008,034,0008,416,000
Interest expense(8,911,000)(8,045,000)(16,926,000)(15,784,000)
Other, net(2,454,000)1,873,000(1,418,000)1,372,000
Income from continuing operations before income taxes90,270,000120,998,000204,096,000226,278,000
Income tax provision10,983,00016,250,00025,516,00029,653,000
Net income from continuing operations79,287,000104,748,000178,580,000196,625,000
Discontinued operations:    
Loss from discontinued operations before income taxes0(1,756,000)0(4,055,000)
Income tax benefit0(88,000)0(76,000)
Net loss from discontinued operations0(1,668,000)0(3,979,000)
Net income$ 79,287,000$ 103,080,000$ 178,580,000$ 192,646,000
Basic net income per common share - continuing operations$ 0.42$ 0.56$ 0.94$ 1.06
Basic net loss per common share - discontinued operations$ 0.00$ (0.01)$ 0.00$ (0.02)
Basic net income per common share$ 0.42$ 0.55$ 0.94$ 1.04
Diluted net income per common share - continuing operations$ 0.40$ 0.55$ 0.88$ 1.03
Diluted net loss per common share - discontinued operations$ 0.00$ (0.01)$ 0.00$ (0.02)
Diluted net income per common share$ 0.40$ 0.54$ 0.88$ 1.01
Dividends declared per common share$ 0.347$ 0.343$ 0.693$ 0.685
Basic common shares outstanding190,809186,303190,461185,922
Diluted common shares outstanding200,199190,704202,383190,388
[1]Includes share-based compensation expense as follows: Cost of sales: $1,608, $1,743, $3,007 and $3,708; Research and development: $3,556, $3,025, $6,969 and $6,192; and Selling, general and administrative: $4,320, $4,157, $8,532 and $8,476 for current periods and prior periods, respectively.