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SUPPLEMENTARY QUARTERLY FINANCIAL DATA
 12 Months Ended
Mar. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
SUPPLEMENTARY QUARTERLY FINANCIAL DATA
(Unaudited)

Each of the Company's fiscal years ends on the Saturday closest to the last day of March.  The Company's fiscal years 2014 and 2013 consisted of 52 weeks. Our interim fiscal quarters for the first, second, third, and fourth quarter of fiscal year 2014 ended on June 29, 2013, September 28, 2013, December 28, 2013, and March 29, 2014, respectively, and our interim fiscal quarters for the first, second, third, and fourth quarter of fiscal year 2013 ended on June 30, 2012, September 29, 2012, December 29, 2012, and March 30, 2013, respectively. For purposes of presentation, the Company has indicated its accounting fiscal year as ending on March 31 and our interim quarterly periods as ending on the last calendar day of the applicable month end.

 
Quarter Ended
 
March 31, 2014
 
December 31, 2013
 
September 30,
2013
 
June 30,
2013
 
(in thousands, except per share data)
Net revenues
$
209,070

 
$
212,739

 
$
193,980

 
$
202,818

Gross profit
$
111,055

 
$
110,327

 
$
99,614

 
$
105,632

Net income
$
27,943

 
$
34,383

 
$
23,138

 
$
26,953

Basic net income per common share
$
0.67

 
$
0.81

 
$
0.54

 
$
0.63

Diluted net income per common share
$
0.65

 
$
0.80

 
$
0.53

 
$
0.62

Cash dividends declared per common share
$
0.10

 
$
0.10

 
$
0.10

 
$
0.10

 
Quarter Ended
 
March 31, 2013
 
December 31, 2012 1
 
September 30, 2012
 
June 30, 2012
 
(in thousands, except per share data)
Net revenues
$
204,179

 
$
197,402

 
$
179,280

 
$
181,365

Gross profit
$
106,093

 
$
102,164

 
$
97,228

 
$
97,696

Net income
$
28,709

 
$
28,206

 
$
25,924

 
$
23,563

Basic net income per common share
$
0.68

 
$
0.68

 
$
0.62

 
$
0.57

Diluted net income per common share
$
0.67

 
$
0.66

 
$
0.61

 
$
0.55

Cash dividends declared per common share
$
0.10

 
$
0.10

 
$
0.10

 
$
0.10


 
1 
We initiated a restructuring plan during the third quarter of fiscal year 2013. Under the plan, we eliminated certain positions in the US., Mexico, China, and Europe, and transitioned some of these positions to lower cost locations. The pre-tax charges incurred during fiscal year 2013 included $1.9 million for severance and related benefits and an immaterial amount of accelerated amortization on leasehold assets with no alternative future use.