v3.25.4
Balance Sheet Components
 9 Months Ended
Dec. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components Balance Sheet Components
 
The following table presents the components of certain balance sheet asset amounts (in thousands): 
December 31, 2025March 31, 2025
Accounts receivable, net:  
Accounts receivable$1,136,982 $708,693 
Allowance for cooperative marketing arrangements
(71,059)(44,457)
Allowance for customer incentive programs
(144,573)(66,564)
Allowance for pricing programs
(194,731)(105,876)
Other allowances
(43,493)(37,250)
 $683,126 $454,546 
Inventories:  
Raw materials$47,369 $48,699 
Finished goods402,175 455,048 
 $449,544 $503,747 
Other current assets:  
Value-added tax ("VAT") receivables$55,552 $46,332 
Prepaid expenses and other assets111,436 84,879 
 $166,988 $131,211 
Property, plant and equipment, net:  
Property, plant and equipment$575,631 $543,747 
  Less: accumulated depreciation and amortization(460,268)(429,889)
$115,363 $113,858 
Other assets:  
Deferred tax assets$231,915 $202,180 
Right-of-use assets 74,810 75,239 
Investments for deferred compensation plan32,078 29,006 
Investments in privately held companies28,863 27,980 
Other assets14,714 9,672 
 $382,380 $344,077 
The following table presents the components of certain balance sheet liability amounts (in thousands): 
December 31, 2025March 31, 2025
Accrued and other current liabilities:  
Accrued customer marketing, pricing and incentive programs$232,284 $173,401 
Accrued personnel expenses152,729 180,763 
Income taxes payable70,768 26,841 
VAT payable51,128 29,648 
Deferred revenue (1)
37,598 25,798 
Warranty liabilities36,257 34,428 
Accrued sales return liability28,966 27,913 
Accrued loss for inventory purchase commitments22,493 19,614 
Operating lease liabilities17,467 15,780 
Other current liabilities168,234 152,317 
 $817,924 $686,503 
Other non-current liabilities:  
Operating lease liabilities$74,515 $76,622 
Employee benefit plan obligations60,265 57,338 
Deferred revenue (1)
49,896 38,216 
Obligation for deferred compensation plan32,078 29,006 
Warranty liabilities15,186 14,756 
Other non-current liabilities6,060 5,574 
 $238,000 $221,512 
(1) Includes deferred revenue for post-contract customer support and other services.