AVX Corp
CIK:0000859163|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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| Net Sales | $ 344,441 | $ 442,395 | $ 1,123,496 | $ 1,352,839 | ||
| Cost of sales | 266,687 | 316,241 | 865,558 | 991,876 | ||
| Gross profit | 77,754 | 126,154 | 257,938 | 360,963 | ||
| Selling, general and administrative expenses | 41,885 | 42,187 | 125,910 | 123,341 | ||
| Legal and environmental charges | 0 | (5,589) | 0 | (5,589) | ||
| Profit from operations | 35,869 | 89,556 | 132,028 | 243,211 | ||
| Other income (loss): | ||||||
| Interest income | 3,577 | 4,621 | 12,631 | 12,159 | ||
| Other, net | 7,974 | (3,616) | 7,042 | (5,107) | ||
| Income before income taxes | 47,420 | 90,561 | 151,701 | 250,263 | ||
| Provision (benefit) for income taxes | (472) | 16,264 | 15,676 | 47,934 | ||
| Net income | $ 47,892 | $ 74,297 | $ 136,025 | $ 202,329 | ||
| Income per share: | ||||||
| Basic (in dollars per share) | $ 0.28 | $ 0.44 | $ 0.80 | $ 1.20 | ||
| Diluted (in dollars per share) | 0.28 | 0.44 | 0.80 | 1.20 | ||
| Dividends declared (per share) (in dollars per share) | $ 0.115 | $ 0.115 | $ 0.345 | $ 0.345 | ||
| Weighted average common shares outstanding: | ||||||
| Basic (in shares) | 169,125 | 168,795 | 169,079 | 168,679 | ||
| Diluted (in shares) | [1] | 169,467 | 169,314 | 169,371 | 169,247 | |
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