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Quarterly Summary of Information (Tables)
12 Months Ended
Mar. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of unaudited quarterly financial data
Summarized unaudited quarterly financial data are as follows:
 
Fiscal Year 2019
 
Quarter Ended
 
6/30/2018
 
9/30/2018
 
12/31/2018
 
3/31/2019
Net sales*
$
250,594

 
$
501,913

 
$
873,800

 
$
394,130

Gross profit
114,965

 
251,887

 
470,093

 
203,305

(Loss) income from operations**
(39,414
)
 
90,412

 
244,718

 
31,604

Net (loss) income***
(30,407
)
 
74,372

 
196,374

 
23,969

Net (loss) income per share
 
 
 
 
 
 
 
Basic
$
(1.00
)
 
$
2.49

 
$
6.74

 
$
0.82

Diluted
$
(1.00
)
 
$
2.48

 
$
6.68

 
$
0.82

 
Fiscal Year 2018
 
Quarter Ended
 
6/30/2017
 
9/30/2017
 
12/31/2017
 
3/31/2018
Net sales*
$
209,717

 
$
482,460

 
$
810,478

 
$
400,684

Gross profit
90,625

 
225,117

 
423,471

 
192,429

(Loss) income from operations**
(56,256
)
 
67,355

 
193,191

 
18,294

Net (loss) income***
(42,121
)
 
49,559

 
86,341

 
20,615

Net (loss) income per share
 
 
 
 
 
 
 
Basic
$
(1.32
)
 
$
1.55

 
$
2.71

 
$
0.66

Diluted
$
(1.32
)
 
$
1.54

 
$
2.69

 
$
0.66


*Reflects a difference in accounting policy in connection with the adoption of ASU No. 2014-09, Revenue from Contracts with Customers, beginning April 1, 2018. The most significant impact for this change in accounting policy was to net sales recorded for the quarter ended December 31, 2017, which reflects a deferral of in transit net sales of approximately $12,000, primarily in the DTC reportable operating segment, for which the Company did not recognize a deferral for in transit net sales during the quarter ended December 31, 2018. The impact of this change in accounting policy to other quarterly comparative periods presented were immaterial.

**Includes restructuring charges of $295 and $1,667 for the years ended March 31, 2019 and 2018, respectively, primarily incurred during the second quarter of fiscal year 2019 and the first and third quarters of fiscal year 2018. Refer to Note 1, “General,” under the heading “Restructuring” for further information.

***Includes significant impacts to income tax expense for fiscal year 2018 due to the Tax Reform Act. Refer to Note 5, “Income Taxes,” under the heading “Income Tax Expense (Benefit) Reconciliation” for further information.