Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Revenues [Abstract]    
Net sales [1] $ 345,242 $ 327,616
Operating costs and expenses:    
Cost of sales [1] 223,614 232,795
Selling, general and administrative expenses 47,885 48,542
Research and development 12,175 10,688
Restructuring charges 2,208 (96)
(Gain) loss on write down and disposal of long-lived assets 960 511
Total operating costs and expenses [1] 286,842 292,440
Operating income (loss) [1] 58,400 35,176
Non-operating (income) expense    
Interest income (809) (378)
Interest expense 2,545 7,036
Other (income) expense, net (726) (11,371)
Income (loss) before income taxes and equity income (loss) from equity method investments [1] 57,390 39,889
Income tax expense (benefit) [1] 16,800 4,600
Income (loss) before equity income (loss) from equity method investments [1] 40,590 35,289
Equity income (loss) from equity method investments (250) (69)
Net income (loss) [1],[2] $ 40,340 $ 35,220
Net income (loss) per basic share:    
Net income (loss) per basic share (in usd per share) $ 0.69 $ 0.61
Net income (loss) per diluted share (in usd per share) 0.68 0.60
Dividends declared per share $ 0.05 $ 0
Weighted-average shares outstanding:    
Basic (in shares) 58,350 57,339
Diluted (in shares) 59,055 59,038
[1]

[2]