v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Tables)
12 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Financing Receivable, Allowance for Credit Loss The following table illustrates the activity in the Company's allowance for doubtful accounts, recorded within accounts receivable, net for the periods presented.
Allowance for doubtful accounts
Balance as of March 31, 2024$14,994 
Increase (decrease) to expense, net4,136 
Write-offs, net of recoveries(2,110)
Balance as of March 31, 2025$17,020 
Increase (decrease) to expense, net(3,363)
Write-offs, net of recoveries(8,639)
Balance as of March 31, 2026$5,018 
Schedule of Property, Plant and Equipment
Property and equipment is depreciated using the straight-line method over the estimated useful lives of the assets, as follows:
Years
Furniture, fixtures and displays, office equipment, software and plant equipment
3 to 10
Buildings and building improvements
10 to 40
Leasehold and tenant improvements
Shorter of the remaining lease term or related asset life
March 31, 2026March 31, 2025
Leasehold and tenant improvements$430,441 $457,419 
Furniture, fixtures and displays187,291 307,258 
Buildings and building improvements271,638 271,888 
Software251,707 282,478 
Office equipment128,347 141,684 
Plant equipment148,828 190,169 
Land74,460 74,460 
Construction in progress (1)
18,750 24,176 
Other13,513 19,391 
Subtotal property and equipment1,524,975 1,768,923 
Accumulated depreciation(926,022)(1,123,776)
Property and equipment, net$598,953 $645,147 
(1) Construction in progress primarily includes costs incurred for leasehold improvements and in-store fixtures and displays not yet placed in use.
Schedule of Accrued Expenses
Accrued expenses consisted of the following: 
As of March 31, 2026As of March 31, 2025
Accrued compensation and benefits$85,982 $108,202 
Accrued marketing29,269 49,395 
Accrued royalties4,626 6,708 
Accrued taxes22,558 26,308 
Forward currency contract liabilities28,109 7,831 
Other160,847 150,303 
Total Accrued Expenses$331,391 $348,747