| Schedule of Property, Plant and Equipment |
Property, plant and equipment are stated at cost and are depreciated using the straight-line method based on the following estimated useful lives: | | | | | | | | Years | | Building | 5 to 40 | | Machinery | 1 to 15 | | Computer equipment and software | 1 to 6 | | Furniture and fixtures | 6 to 10 | | Leasehold improvements | * |
*Leasehold improvements are amortized over the lesser of the lease term or the estimated useful life of the related assets. Property, plant and equipment, net consist of the following: | | | | | | | | | | | | | March 31, | | (In thousands) | 2026 | | 2025 | | Components of Property, Plant and Equipment | | | | | Land | $ | 2,136 | | | $ | 550 | | | Building | 48,859 | | | 31,353 | | | Machinery | 83,751 | | | 74,621 | | | Computer equipment | 33,279 | | | 31,958 | | | Furniture and fixtures | 3,485 | | | 3,341 | | | Leasehold improvements | 10,806 | | | 10,610 | | | Construction in progress | 28,241 | | | 3,350 | | | | 210,557 | | | 155,783 | | | Accumulated depreciation | (88,868) | | | (81,235) | | | Property, plant and equipment, net | $ | 121,689 | | | $ | 74,548 | |
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| Schedule of Computation of Basic and Diluted Earnings Per Share |
The following table sets forth the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | Year Ended March 31, | | (In thousands, except per share data) | 2026 | | 2025 | | 2024 | | Numerator | | | | | | | Net income | $ | 190,301 | | | $ | 214,605 | | | $ | 209,339 | | | | | | | | | | | | | | | | | | | | | Denominator | | | | | | | Denominator for basic earnings per share - weighted average shares outstanding | 48,456 | | | 49,697 | | | 49,757 | | | Dilutive effect of unvested restricted stock units and options issued to employees and directors | 264 | | | 383 | | | 421 | | | Denominator for diluted earnings per share | 48,720 | | | 50,080 | | | 50,178 | | | | | | | | | Earnings per Common Share: | | | | | | | Basic net earnings per share | $ | 3.93 | | | $ | 4.32 | | | $ | 4.21 | | | | | | | | | | | | | | | | | | | | | Diluted net earnings per share | $ | 3.91 | | | $ | 4.29 | | | $ | 4.17 | | | | | | | | | | | | | |
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