v3.25.3

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Net sales	$ 1,186,056	$ 1,116,034	$ 2,333,759	$ 2,204,251
Cost of goods sold	669,418	627,491	1,336,010	1,247,008
Amortization of intangible assets	2,182	2,452	4,331	4,894
Gross profit	514,456	486,091	993,418	952,349
Operating expenses:
Marketing and selling	198,993	201,863	394,789	398,768
Research and development	76,110	76,205	150,697	151,512
General and administrative	41,802	44,173	83,599	81,631
Amortization of intangible assets and acquisition-related costs	1,818	2,725	4,464	5,428
Restructuring charges, net	4,442	229	6,484	615
Total operating expenses	323,165	325,195	640,033	637,954
Operating income	191,291	160,896	353,385	314,395
Interest income	11,828	14,637	23,057	30,427
Other income (expense), net	(64)	533	1,098	(1,365)
Income before income taxes	203,055	176,066	377,540	343,457
Provision for income taxes	32,385	30,583	60,855	56,141
Net income	$ 170,670	$ 145,483	$ 316,685	$ 287,316
Net income per share:
Basic (in dollars per share)	$ 1.16	$ 0.95	$ 2.15	$ 1.88
Diluted (in dollars per share)	$ 1.15	$ 0.95	$ 2.13	$ 1.86
Weighted average shares used to compute net income per share:
Basic (in shares)	147,123	152,460	147,487	152,875
Diluted (in shares)	148,422	153,672	148,731	154,320

Amortization of intangible assets charged to operating expenses and costs related to business acquisition during the reporting period.

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LOGITECH INTERNATIONAL S.A. 10-Q