XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Net sales $ 873,800 $ 810,478 $ 1,626,307 $ 1,502,655
Cost of sales 403,707 387,007 789,362 763,442
Gross profit 470,093 423,471 836,945 739,213
Selling, general and administrative expenses 225,375 230,280 541,229 534,923
Income from operations 244,718 193,191 295,716 204,290
Interest income (906) (590) (3,306) (1,551)
Interest expense 970 1,506 3,844 4,044
Other income, net (13) (778) (213) (990)
Total other expense, net 51 138 325 1,503
Income before income taxes 244,667 193,053 295,391 202,787
Income tax expense 48,293 106,712 55,052 109,008
Net income 196,374 86,341 240,339 93,779
Other comprehensive (loss) income, net of tax        
Unrealized (loss) gain on cash flow hedges (3,128) 2,509 998 (2,174)
Foreign currency translation gain (loss) 781 2,037 (10,543) 6,555
Total other comprehensive (loss) income (2,347) 4,546 (9,545) 4,381
Comprehensive income $ 194,027 $ 90,887 $ 230,794 $ 98,160
Net income per share        
Basic (in dollars per share) $ 6.74 $ 2.71 $ 8.06 $ 2.93
Diluted (in dollars per share) $ 6.68 $ 2.69 $ 7.99 $ 2.91
Weighted-average common shares outstanding        
Basic (in shares) 29,157 31,863 29,807 31,956
Diluted (in shares) 29,397 32,041 30,063 32,186