| Balance Sheet Components |
Balance Sheet Components The following table presents the components of certain balance sheet asset amounts (in thousands): | | | | | | | | | | | | | | | | | September 30, 2025 | | March 31, 2025 | | Accounts receivable, net: | | | | | | Accounts receivable | | $ | 1,017,821 | | | $ | 708,693 | | | | | | | Allowance for cooperative marketing arrangements | | (56,844) | | | (44,457) | | Allowance for customer incentive programs | | (82,885) | | | (66,564) | | Allowance for pricing programs | | (135,138) | | | (105,876) | | Other allowances | | (39,059) | | | (37,250) | | | | | $ | 703,895 | | | $ | 454,546 | | | Inventories: | | | | | | Raw materials | | $ | 38,232 | | | $ | 48,699 | | | Finished goods | | 479,441 | | | 455,048 | | | | | $ | 517,673 | | | $ | 503,747 | | | Other current assets: | | | | | | Value-added tax ("VAT") receivables | | $ | 50,515 | | | $ | 46,332 | | | Prepaid expenses and other assets | | 101,861 | | | 84,879 | | | | | $ | 152,376 | | | $ | 131,211 | | | Property, plant and equipment, net: | | | | | | Property, plant and equipment | | $ | 569,591 | | | $ | 543,747 | | | Less: accumulated depreciation and amortization | | (451,373) | | | (429,889) | | | | $ | 118,218 | | | $ | 113,858 | | | Other assets: | | | | | | Deferred tax assets | | $ | 204,703 | | | $ | 202,180 | | | Right-of-use assets | | 77,639 | | | 75,239 | | | Investments for deferred compensation plan | | 33,183 | | | 29,006 | | | Investments in privately held companies | | 28,466 | | | 27,980 | | | Other assets | | 13,207 | | | 9,672 | | | | | $ | 357,198 | | | $ | 344,077 | |
The following table presents the components of certain balance sheet liability amounts (in thousands): | | | | | | | | | | | | | | | | | September 30, 2025 | | March 31, 2025 | | Accrued and other current liabilities: | | | | | | Accrued customer marketing, pricing and incentive programs | | $ | 229,938 | | | $ | 173,401 | | | Accrued personnel expenses | | 118,580 | | | 180,763 | | | VAT payable | | 36,782 | | | 29,648 | | | Warranty liabilities | | 35,738 | | | 34,428 | | Deferred revenue (1) | | 34,560 | | | 25,798 | | | Accrued sales return liability | | 26,475 | | | 27,913 | | | Accrued loss for inventory purchase commitments | | 26,422 | | | 19,614 | | | Income taxes payable | | 20,663 | | | 26,841 | | | | | | | | | | | | | Operating lease liabilities | | 17,542 | | | 15,780 | | | | | | | | | | | | | Other current liabilities | | 151,355 | | | 152,317 | | | | | $ | 698,055 | | | $ | 686,503 | | | Other non-current liabilities: | | | | | | Operating lease liabilities | | $ | 77,712 | | | $ | 76,622 | | | Employee benefit plan obligations | | 60,441 | | | 57,338 | | Deferred revenue (1) | | 48,294 | | | 38,216 | | | Obligation for deferred compensation plan | | 33,183 | | | 29,006 | | | Warranty liabilities | | 14,453 | | | 14,756 | | | | | | | | Other non-current liabilities | | 5,560 | | | 5,574 | | | | | $ | 239,643 | | | $ | 221,512 | |
(1) Includes deferred revenue for post-contract customer support and other services.
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