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General (Tables) | 12 Months Ended
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Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | Recently Adopted. Adopted ASUs during the year ended March 31, 2021 and the impact on the Company, were as follows:
Standard |  | Description |  | Impact on Adoption
ASU No. 2017-04, Goodwill and Other: Simplifying the Test for Goodwill Impairment (as amended by ASU 2019-06) |  | Requires annual and interim goodwill impairment tests be performed by comparing the fair value of a reporting unit with its carrying amount, effectively eliminating step two of the goodwill impairment test under legacy US GAAP. The amount by which the carrying amount exceeds the reporting unit’s fair value will continue to be recognized as an impairment charge. |  | The Company adopted this ASU beginning April 1, 2020 on a prospective basis, which did not have a material impact on its consolidated financial statements.
ASU No. 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (as amended by ASUs 2018-19, 2019-04, 2019-05, 2019-11, 2020-02, and 2020-03) |  | Replaces the incurred loss impairment methodology in legacy US GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. |  | The Company adopted this ASU beginning April 1, 2020 on a prospective basis, which did not have a material impact on its consolidated financial statements.
Not Yet Adopted. Applicable ASUs issued that have not yet been adopted by the Company, the planned period of adoption, and the expected impact on the Company on adoption, are as follows:
Standard |  | Description |  | Planned Period of Adoption |  | Expected Impact on Adoption
ASU No. 2019-12, Income Taxes: Simplifying the Accounting for Income Taxes |  | Removes certain exceptions for recognizing deferred taxes for investments, performing intra-period allocation, and calculating income taxes in interim periods, as well as reduces complexity in certain areas, including recognizing deferred taxes for tax goodwill and allocating taxes to members of a consolidated group. |  | Q1 FY 2022 |  | The Company is currently evaluating the impact of the adoption of this ASU; however, the Company does not expect that the adoption will have a material impact on its consolidated financial statements.
ASU No. 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting (as amended by ASU 2021-01) |  | London Interbank Offered Rate (LIBOR) is a benchmark interest rate referenced in a variety of agreements that are used by all types of entities. At the end of 2021, banks will no longer be required to report information that is used to determine LIBOR. As a result, LIBOR could be discontinued. Other interest rates used globally could also be discontinued for similar reasons. This ASU provides companies with optional guidance to ease the potential accounting burden associated with transitioning away from reference rates that are expected to be discontinued. Guidance is limited for adoption through December 31, 2022. |  | Q3 FY 2023 |  | The Company is currently evaluating the impact of the adoption of this ASU; however, the Company does not expect that the adoption will have a material impact on its consolidated financial statements.
Schedule of Property and Equipment, Net | Property and equipment, net, are summarized as follows:
|  |  | As of March 31,
| Useful life (years) |  | 2021 |  | 2020
Land | Indefinite |  | $ | 32,865 |  |  | $ | 32,864 |
Building | 39.5 |  | 35,094 |  |  | 35,093 |
Machinery and equipment | 2-10 |  | 149,494 |  |  | 145,423 |
Furniture and fixtures | 3-7 |  | 36,497 |  |  | 35,024 |
Computer software | 3-10 |  | 94,365 |  |  | 80,718 |
Leasehold improvements | Useful life or remaining lease term, whichever is shorter |  | 110,538 |  |  | 104,497 |
Construction in progress |  |  | 14,262 |  |  | 17,556 |
Gross property and equipment |  |  | 473,115 |  |  | 451,175 |
Less accumulated depreciation and amortization |  |  | (266,905) |  |  | (242,138) |
Total |  |  | $ | 206,210 |  |  | $ | 209,037 |
Schedule of Change in Asset Retirement Obligation | The Company’s asset retirement obligations (AROs) are recorded in other long-term liabilities in the consolidated balance sheets, and activity was as follows:
| As of March 31,
| 2021 |  | 2020
Balance, March 31, 2020 | $ | 11,505 |  |  | $ | 12,667 |
Additions and changes in estimate | 3,571 |  |  | 263 |
Liabilities settled during the period | (3,495) |  |  | (1,828) |
Accretion expenses | 1,458 |  |  | 499 |
Foreign currency translation gains | (56) |  |  | (96) |
Balance, March 31, 2021 | $ | 12,983 |  |  | $ | 11,505 |

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