XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Net sales $ 1,187,752 $ 1,077,759 $ 2,414,332 $ 1,984,453
Cost of sales 566,531 463,862 1,165,520 909,013
Gross profit 621,221 613,897 1,248,812 1,075,440
Selling, general, and administrative expenses 327,825 285,242 765,403 625,880
Income from operations 293,396 328,655 483,409 449,560
Interest income (369) (593) (1,311) (1,719)
Interest expense 999 959 2,808 3,354
Other income, net (191) (267) (376) (523)
Total other expense, net 439 99 1,121 1,112
Income before income taxes 292,957 328,556 482,288 448,448
Income tax expense 60,014 73,020 99,158 99,331
Net income 232,943 255,536 383,130 349,117
Other comprehensive (loss) income        
Unrealized (loss) gain on cash flow hedges, net of tax (1,517) (279) 974 (726)
Foreign currency translation (loss) gain (2,744) 7,947 (3,388) 14,995
Total other comprehensive (loss) income (4,261) 7,668 (2,414) 14,269
Comprehensive income $ 228,682 $ 263,204 $ 380,716 $ 363,386
Net income per share        
Basic (in dollars per share) $ 8.49 $ 9.09 $ 13.87 $ 12.44
Diluted (in dollars per share) $ 8.42 $ 8.99 $ 13.73 $ 12.30
Weighted-average common shares outstanding        
Basic (in shares) 27,428 28,114 27,630 28,054
Diluted (in shares) 27,663 28,410 27,904 28,375