v3.26.1
INCOME TAXES
3 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES Income Taxes
Income tax expense and the effective income tax rate were as follows:
Three Months Ended June 30,
2026
2025
Income tax expense
$39,078
$43,863
Effective income tax rate
23.1%
24.0%
The tax provisions during the three months ended June 30, 2026, and 2025, were computed using the estimated
effective income tax rate applicable to each of the domestic and foreign taxable jurisdictions for the current fiscal
year ending March 31, 2027 (current fiscal year), and prior fiscal year, respectively, and were adjusted for discrete
items that occurred within the periods presented above.
During the three months ended June 30, 2026, the net change in the effective income tax rate, compared to the
prior period, was primarily due to non-recurring discrete tax expense for unrecognized tax benefits in the prior
period and changes in jurisdictional mix of worldwide income before taxes.