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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Revenues:      
Total revenues $ 4,957,839 $ 4,585,064 $ 3,107,519
Cost of revenues:      
Cost of Goods and Services Sold 2,798,147 2,568,702 1,764,419
Gross Profit 2,159,692 2,016,362 1,343,100
Operating expenses:      
Selling, general, and administrative 1,298,876 1,502,752 731,320
Goodwill, Impairment Loss [1] 490,565 0 0
Research and development 101,581 87,944 66,326
Restructuring Costs 485 48 (2,914)
Total operating expenses 1,891,507 1,590,744 794,732
Income (loss) from operations 268,185 425,618 548,368
Non-operating expenses, net:      
Interest expense 107,989 89,593 37,180
Fair value adjustment related to convertible debt liability 0 27,806 0
Interest income and miscellaneous expense 2,848 (6,284) (6,345)
Total non-operating expenses, net 110,837 111,115 30,835
Income (loss) before income tax expense (benefit) 157,348 314,503 517,533
Income tax expense (benefit) 51,535 71,633 120,663
Net income 105,813 242,870 396,870
Less: Net loss attributable to noncontrolling interests (1,217) (1,018) (530)
Net income attributable to shareholders $ 107,030 $ 243,888 $ 397,400
Net income (loss) per common share      
Basic $ 1.07 $ 2.50 $ 4.66
Diluted 1.07 2.48 4.63
Cash dividends declared per common share outstanding $ 1.84 $ 1.69 $ 1.57
Product [Member]      
Revenues:      
Total revenues $ 2,785,327 $ 2,556,281 $ 1,443,540
Cost of revenues:      
Cost of Goods and Services Sold 1,513,970 1,419,925 765,076
Service [Member]      
Revenues:      
Total revenues 2,172,512 2,028,783 1,663,979
Cost of revenues:      
Cost of Goods and Services Sold $ 1,284,177 $ 1,148,777 $ 999,343
[1] For more information regarding our goodwill impairment loss, refer to Note 3 titled, "Goodwill and Intangible Assets."