XML 14 R3.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]        
Net revenues $ 225,735 $ 231,781 $ 647,110 $ 664,248
Cost of revenues 116,219 111,865 319,266 311,795
Gross profit 109,516 119,916 327,844 352,453
Operating expenses:        
Research, development, and engineering 20,811 22,991 66,614 69,280
Selling, general, and administrative 53,715 57,977 163,689 174,756
Gain from litigation settlements (91) (1,666) (998) (7,816)
Restructuring and other related charges 8,433 0 8,433 0
Total operating expenses 82,868 79,302 237,738 236,220
Operating income 26,648 40,614 90,106 116,233
Interest expense (7,217) (59) (17,278) (209)
Other non-operating income and (expense), net 398 (1,959) (2,025) (1,474)
Income before income taxes 19,829 38,596 70,803 114,550
Income tax expense 3,541 8,212 15,391 28,073
Net income $ 16,288 $ 30,384 $ 55,412 $ 86,477
Earnings per common share:        
Basic (in dollars per share) $ 0.50 $ 0.73 $ 1.60 $ 2.07
Diluted (in dollars per share) $ 0.49 $ 0.71 $ 1.56 $ 2.03
Shares used in computing basic earnings per common share 32,579 41,901 34,723 41,780
Shares used in computing diluted earnings per common share 33,259 42,700 35,588 42,674
Cash dividends declared per common share (in dollars per share) $ 0.15 $ 0.15 $ 0.45 $ 0.45