v3.26.1
RISK MANAGEMENT AND DERIVATIVES (Tables)
 12 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Balance Sheet Location
The following table presents the fair value of the Company's foreign currency contracts within the respective line items on the Consolidated Balance Sheets. Refer to Note 13 to these Consolidated Financial Statements for a discussion of the fair value measurements.
March 31, 2026March 31, 2025
Derivatives designated as hedging instruments
Prepaid expenses and other current assets, net$11,120 $13,137 
Other long-term assets7,239 507 
Total derivative assets designated as hedging instruments$18,359 $13,644 
Other current liabilities$27,947 $6,359 
Other long-term liabilities2,378 5,581 
Total derivative liabilities designated as hedging instruments$30,325 $11,940 
Derivatives not designated as hedging instruments
Prepaid expenses and other current assets, net$1,436 $78 
Total derivative assets not designated as hedging instruments$1,436 $78 
Other current liabilities$162 $1,590 
Total derivative liabilities not designated as hedging instruments$162 $1,590 
Schedule of Effects of Cash Flow Hedges
The following table presents the amounts included on the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded and the effects of cash flow hedge activity on these line items:
Year Ended March 31,
202620252024
TotalAmount of Gain (Loss) on Cash Flow Hedge ActivityTotalAmount of Gain (Loss) on Cash Flow Hedge ActivityTotalAmount of Gain (Loss) on Cash Flow Hedge Activity
Net revenues$4,966,370 $(24,251)$5,164,310 $(1,354)$5,701,879 $7,652 
Cost of goods sold2,707,512 7,606 2,689,566 1,222 3,071,626 (4,355)
Interest income (expense), net(30,288)(37)(6,115)(36)268 (36)
Other income (expense), net(7,276)— (13,431)— 32,055 — 
Schedule of Cash Flows in AOCI
The following tables present the amounts affecting the Consolidated Statements of Comprehensive Income (Loss) from derivatives designated as cash flow hedges:
Balance as of
March 31, 2025		Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of
March 31, 2026
Foreign currency contracts$7,081 $(40,096)$(16,645)$(16,370)
Interest rate swaps(386)— (37)(349)
Total designated as cash flow hedges$6,695 $(40,096)$(16,682)$(16,719)
Balance as of March 31, 2024Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of March 31, 2025
Foreign currency contracts$(10,645)$17,594 $(132)$7,081 
Interest rate swaps(422)— (36)(386)
Total designated as cash flow hedges$(11,067)$17,594 $(168)$6,695 
Balance as of March 31, 2023Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of March 31, 2024
Foreign currency contracts$(4,764)$(2,584)$3,297 $(10,645)
Interest rate swaps(458)— (36)(422)
Total designated as cash flow hedges$(5,222)$(2,584)$3,261 $(11,067)
Schedule of Fair Value Hedging Activity
The following table presents the amounts included on the Consolidated Statements of Operations in which the effects of undesignated derivative instruments are recorded and the effects of fair value hedge activity on these line items:
Year Ended March 31,
202620252024
TotalAmount of Gain (Loss) on Fair Value Hedge ActivityTotalAmount of Gain (Loss) on Fair Value Hedge ActivityTotalAmount of Gain (Loss) on Fair Value Hedge Activity
Other income (expense), net$(7,276)$3,280 $(13,431)$1,134 $32,055 $355