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Item 6. Selected Financial Data

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Item 6. Selected Financial Data

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:20182017201620152014
Net revenue$1,792,892$1,779,748$1,413,698$1,082,938$2,350,568
Gross profit894,581756,789599,825288,071936,241
Net income (loss)$173,533$67,303$(8,302)$(279,470)$361,605
Earnings (loss) per share:
Basic:
Earnings (loss) per share:$1.57$0.73$(0.10)$(3.48)$3.79
Diluted:
Earnings (loss) per share:$1.54$0.72$(0.10)$(3.48)$3.20
As of March 31,
BALANCE SHEET DATA:2018201720162015(1)2014(1)
Total assets$3,737,841$3,149,154$2,590,277$2,228,073$1,795,083
Long-term debt8,068251,929497,935473,030449,484
(1)During fiscal 2016, 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 and $4,547 as of March 31, 2015 and 2014, respectively, to reflect the deduction of debt issuance costs from the carrying amount of the related debt liability.

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