v3.25.4
PROPERTY AND EQUIPMENT
9 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
NOTE 3. PROPERTY AND EQUIPMENT
December 31, 2025March 31, 2025
Leasehold and tenant improvements$403,003 $457,419 
Furniture, fixtures and displays200,223 307,258 
Buildings and building improvements245,243 271,888 
Software272,816 282,478 
Office equipment142,796 141,684 
Plant equipment145,201 190,169 
Land65,956 74,460 
Construction in progress (1)
15,170 24,176 
Other23,967 19,391 
Subtotal property and equipment1,514,375 1,768,923 
Accumulated depreciation(921,670)(1,123,776)
Property and equipment, net$592,705 $645,147 
(1) Construction in progress primarily includes costs incurred for leasehold improvements and in-store fixtures and displays not yet placed in use.
Depreciation expense related to property and equipment for the three and nine months ended December 31, 2025 was $26.9 million and $82.5 million, respectively (three and nine months ended December 31, 2024: $30.9 million and $95.6 million, respectively).