XML 89 R75.htm IDEA: XBRL DOCUMENT v3.25.1
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Income Tax Disclosure [Abstract]      
Income taxes at statutory rate $ 55,350 $ 38,893 $ 27,963
State income taxes, net of federal benefit 12,831 12,130 6,757
Research and development credits (6,439) (3,817) (5,076)
Stock-based compensation (37,634) (6,734) (14,841)
Change in valuation allowance 25 (4,060) 504
Section 162(m) limitation 19,872 3,410 4,782
Transferable federal tax credits (1,305) (1,920) 0
Other (2,311) (282) 249
Provision for income taxes $ 40,389 $ 37,620 $ 20,338