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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 557,296 $ 404,862
Accounts receivable, net 2,009,847 1,774,830
Prepaid expenses and other current assets 133,412 108,366
Total current assets 2,700,555 2,288,058
Property and equipment, net of accumulated depreciation 178,914 195,186
Operating lease right-of-use assets 169,640 187,798
Intangible assets, net of accumulated amortization 637,787 685,615
Goodwill 2,343,789 2,338,399
Deferred tax assets 833,597 573,780
Other long-term assets 298,327 281,816
Total assets 7,162,609 6,550,652
Current liabilities:    
Current portion of long-term debt 41,250 41,250
Accounts payable and other accrued expenses 1,056,369 1,316,640
Accrued compensation and benefits 435,576 445,205
Operating lease liabilities 46,141 51,238
Other current liabilities 26,405 42,721
Total current liabilities 1,605,741 1,897,054
Long-term debt, net of current portion 3,389,152 2,770,895
Operating lease liabilities, net of current portion 180,031 198,144
Income tax reserves 769,755 552,623
Other long-term liabilities 145,800 139,934
Total liabilities 6,090,479 5,558,650
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, Class A - $0.01 par value - authorized, 600,000,000 shares; issued, 166,669,125 shares at September 30, 2023 and 165,872,332 shares at March 31, 2023; outstanding, 130,573,866 shares at September 30, 2023 and 131,637,588 shares at March 31, 2023 1,667 1,659
Treasury stock, at cost — 36,095,259 shares at September 30, 2023 and 34,234,744 shares at March 31, 2023 (2,054,418) (1,859,905)
Additional paid-in capital 834,042 769,460
Retained earnings 2,258,947 2,051,455
Accumulated other comprehensive income 31,892 29,333
Total stockholders’ equity 1,072,130 992,002
Total liabilities and stockholders’ equity $ 7,162,609 $ 6,550,652