v3.26.1
RISK MANAGEMENT AND DERIVATIVES (Tables)
 3 Months Ended
Jun. 30, 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 Condensed Consolidated Balance Sheets. Refer to Note 13 to these Condensed Consolidated Financial Statements for a discussion of the fair value measurements.
June 30, 2026March 31, 2026
Derivatives designated as hedging instruments
Prepaid expenses and other current assets, net$12,647 $11,120 
Other long-term assets3,267 7,239 
Total derivative assets designated as hedging instruments$15,914 $18,359 
Other current liabilities$25,657 $27,947 
Other long-term liabilities2,806 2,378 
Total derivative liabilities designated as hedging instruments$28,463 $30,325 
Derivatives not designated as hedging instruments
Prepaid expenses and other current assets, net$764 $1,436 
Total derivative assets not designated as hedging instruments$764 $1,436 
Other current liabilities$2,336 $162 
Total derivative liabilities not designated as hedging instruments$2,336 $162 
Schedule of Effects of Cash Flow Hedges
The following table presents the amounts included on the Condensed 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:
Three Months Ended June 30,
20262025
TotalGain (Loss) on Cash Flow Hedge ActivityTotalGain (Loss) on Cash Flow Hedge Activity
Net revenues$1,097,927 $(1,880)$1,134,068 $(2,897)
Cost of goods sold504,095 (5,768)587,572 5,662 
Interest income (expense), net(10,645)(8)(4,051)(9)
Other income (expense), net(7,013)— (4,695)— 
Schedule of Cash Flows in AOCI
The following tables present the amounts affecting the Condensed Consolidated Statements of Comprehensive Income (Loss) from derivatives designated as cash flow hedges:
Balance as of March 31, 2026Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of June 30, 2026
Foreign currency contracts$(16,370)$(11,397)$(7,648)$(20,119)
Interest rate swaps(349)— (8)(341)
Total designated as cash flow hedges$(16,719)$(11,397)$(7,656)$(20,460)
Balance as of March 31, 2025Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of June 30, 2025
Foreign currency contracts$7,081 $(62,882)$2,765 $(58,566)
Interest rate swaps(386)— (9)(377)
Total designated as cash flow hedges$6,695 $(62,882)$2,756 $(58,943)
Schedule of Fair Value Hedging Activity
The following table presents the amounts included on the Condensed Consolidated Statements of Operations in which the effects of undesignated derivative instruments are recorded and the effects of fair value hedge activity on these line items:
Three Months Ended June 30,
20262025
TotalAmount of Gain (Loss) on Fair Value Hedge ActivityTotalAmount of Gain (Loss) on Fair Value Hedge Activity
Other income (expense), net$(7,013)$(4,052)$(4,695)$(3,331)