Item 6. Selected Financial Data
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Item 6. Selected Financial Data
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The following Selected Financial Data should be read in conjunction with our Consolidated Financial Statements and related Notes, and Management's Discussion and Analysis of Financial Condition and Results of Operations included elsewhere in this Annual Report on Form 10-K. (in thousands, except per share data)
| Fiscal Year Ended March 31, | ||||||||||||||||
| STATEMENT OF OPERATIONS DATA: | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||
| Net revenue | $ | 1,413,698 | $ | 1,082,938 | $ | 2,350,568 | $ | 1,214,483 | $ | 825,823 | ||||||
| Gross profit | 599,825 | 288,071 | 936,241 | 498,646 | 296,968 | |||||||||||
| (Loss) income from operations | (10,828 | ) | (258,463 | ) | 415,256 | 5,239 | (84,266 | ) | ||||||||
| (Loss) income from continuing operations | (8,302 | ) | (279,470 | ) | 361,691 | (31,162 | ) | (107,700 | ) | |||||||
| Net (loss) income | (8,302 | ) | (279,470 | ) | 361,605 | (29,491 | ) | (108,816 | ) | |||||||
| (Loss) earnings per share: | ||||||||||||||||
| Basic: | ||||||||||||||||
| Continuing operations | $ | (0.10 | ) | $ | (3.48 | ) | $ | 3.79 | $ | (0.36 | ) | $ | (1.30 | ) | ||
| (Loss) earnings per share | (0.10 | ) | (3.48 | ) | 3.79 | (0.34 | ) | (1.31 | ) | |||||||
| Diluted: | ||||||||||||||||
| Continuing operations | (0.10 | ) | (3.48 | ) | 3.20 | (0.36 | ) | (1.30 | ) | |||||||
| (Loss) earnings per share | (0.10 | ) | (3.48 | ) | 3.20 | (0.34 | ) | (1.31 | ) |
| As of March 31, | ||||||||||||||||
| BALANCE SHEET DATA: | 2016 | 2015(1) | 2014(1) | 2013(1) | 2012(1) | |||||||||||
| Total assets | $ | 2,590,277 | $ | 2,228,073 | $ | 1,795,083 | $ | 1,273,221 | $ | 1,142,969 | ||||||
| Long-term debt | 497,935 | 473,030 | 449,484 | 330,584 | 309,882 |
(1)
We retrospectively adopted Accounting Standards Update 2015-03, "Simplifying the Presentation of Debt Issuance Costs," and as a result previously reported Total assets and Long-term debt have both decreased from previously reported amounts by $3,027, $4,547, $4,618 and $6,458 as of March 31, 2015, 2014, 2013 and 2012, respectively. See Note 1 to the Consolidated Financial Statements.
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