XML 91 R71.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Income Taxes - Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Income Tax Disclosure [Abstract]      
Income tax rate 21.00% 21.00% 21.00%
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Income tax expense at U.S. federal statutory income tax rate $ 32,532 $ 18,893 $ 15,048
State and local tax expense (benefit) 306 1,421 (3,065)
Foreign tax rate differential 3,318 1,770 3,181
U.S. effects of foreign branch income 8,662 1,519 11,016
Non-deductible expenses 1,742 1,216 898
Tax credits (41,740) (26,457) (27,983)
GILTI inclusion and FDII deduction (13,905) (10,938) (2,708)
Employee compensation (7,188) 5,528 (17,180)
Changes in uncertain tax positions (14,835) 10,978 501
Changes in valuation allowance 13,080 (32,629) 32,026
Foreign withholding tax 18,469 12,598 9,312
Effects of changes in tax laws (186) 382 (859)
Inflation and currency related adjustments 851 (1,518) (592)
Other adjustments (823) (755) (387)
Total income tax expense (benefit) $ 283 $ (17,992) $ 19,208