v3.26.1
Balance Sheet Components
 3 Months Ended
Jun. 30, 2026
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): 
June 30, 2026March 31, 2026
Accounts receivable, net:  
Accounts receivable$1,008,529 $792,466 
Allowance for cooperative marketing arrangements
(59,924)(49,964)
Allowance for customer incentive programs
(89,805)(73,999)
Allowance for pricing programs
(172,875)(144,800)
Other allowances
(17,428)(17,836)
 $668,497 $505,867 
Inventories:  
Raw materials$59,294 $62,484 
Finished goods432,449 427,464 
 $491,743 $489,948 
Other current assets:  
Value-added tax ("VAT") receivables$39,332 $58,600 
Prepaid expenses and other assets
171,992 119,295 
 $211,324 $177,895 
Property, plant and equipment, net:  
Property, plant and equipment$588,900 $587,418 
  Less: accumulated depreciation and amortization(475,879)(470,964)
$113,021 $116,454 
Other assets:  
Deferred tax assets$176,159 $192,083 
Right-of-use assets 68,798 71,531 
Investments for deferred compensation plan34,009 30,495 
Investments in privately held companies29,642 28,871 
Other assets15,482 16,095 
 $324,090 $339,075 
The following table presents the components of certain balance sheet liability amounts (in thousands): 
June 30, 2026March 31, 2026
Accrued and other current liabilities:  
Accrued customer marketing, pricing and incentive programs$236,476 $211,915 
Accrued personnel expenses144,477 165,404 
Income taxes payable45,991 37,843 
Deferred revenue (1)
41,306 38,652 
Warranty liabilities34,958 35,488 
VAT payable27,700 36,292
Accrued sales return liability27,390 27,635 
Operating lease liabilities16,007 17,044 
Accrued loss for inventory purchase commitments15,667 18,167 
Other current liabilities174,694 193,550 
 $764,666 $781,990 
Other non-current liabilities:  
Operating lease liabilities$68,381 $71,111 
Employee benefit plan obligations59,862 61,066 
Deferred revenue (1)
55,725 53,624 
Obligation for deferred compensation plan34,009 30,495 
Warranty liabilities14,321 14,754 
Other non-current liabilities7,011 6,849 
 $239,309 $237,899 
(1) Includes deferred revenue for post-contract customer support and other services.