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QUARTERLY FINANCIAL DATA (Tables)
 12 Months Ended
Mar. 31, 2018
Quarterly Financial Data [Abstract]  
Schedule of quarterly financial data
The following table contains unaudited quarterly financial data for fiscal years 2018 and 2017.
 
Fiscal Year Ended March 31, 2018
 
Fiscal Year Ended March 31, 2017
 
First
 
Second
 
Third
 
Fourth (2)
 
First
 
Second (3)
 
Third
 
Fourth
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
$
6,008,272

 
$
6,270,420

 
$
6,751,552

 
$
6,410,887

 
$
5,876,813

 
$
6,008,525

 
$
6,114,999

 
$
5,862,597

Gross profit
406,932

 
393,325

 
446,328

 
349,297

 
405,995

 
313,691

 
416,455

 
384,804

Net income (loss) (1)
124,710

 
205,086

 
118,333

 
(19,595
)
 
105,729

 
(2,508
)
 
129,469

 
86,874

Earnings (losses) per share (4):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
$
0.24

 
$
0.39

 
$
0.22

 
$
(0.04
)
 
$
0.19

 
$
0.00

 
$
0.24

 
$
0.16

Diluted
$
0.23

 
$
0.38

 
$
0.22

 
$
(0.04
)
 
$
0.19

 
$
0.00

 
$
0.24

 
$
0.16

_______________________________________________________________________________

(1)
Net income for the first quarter of fiscal year 2018 was affected by a $38.7 million gain recognized for the disposition of Wink. Refer to note 2 for additional information. Net income for the second quarter of fiscal year 2018 was affected by $151.6 million non-cash gain as a result of the deconsolidation of our investment in Elementum. Refer to note 6 for further details on the deconsolidation.

(2)
The Company recorded restructuring charges during the fourth quarter of fiscal year 2018. The Company classified approximately $58.9 million of these charges as a component of cost of sales and approximately $23.8 million of these charges as a component of selling, general and administrative expenses. Refer to note 15 for additional information on these charges.

(3)
Gross profit and net income for the second quarter of fiscal year 2017 was affected by $92.9 million of SunEdison bankruptcy related charges, as further described in note 2.

(4)
Earnings per share are computed independently for each quarter presented; therefore, the sum of the quarterly earnings per share may not equal the total earnings per share amounts for the fiscal year.