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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 601,813 $ 404,862
Accounts receivable, net 1,968,086 1,774,830
Prepaid expenses and other current assets 107,036 108,366
Total current assets 2,676,935 2,288,058
Property and equipment, net of accumulated depreciation 178,719 195,186
Operating lease right-of-use assets 158,567 187,798
Intangible assets, net of accumulated amortization 619,154 685,615
Goodwill 2,343,789 2,338,399
Deferred tax assets 195,826 573,780
Other long-term assets 301,738 281,816
Total assets 6,474,728 6,550,652
Current liabilities:    
Current portion of long-term debt 51,563 41,250
Accounts payable and other accrued expenses 993,512 1,316,640
Accrued compensation and benefits 474,786 445,205
Operating lease liabilities 47,482 51,238
Other current liabilities 30,065 42,721
Total current liabilities 1,597,408 1,897,054
Long-term debt, net of current portion 3,369,543 2,770,895
Operating lease liabilities, net of current portion 165,169 198,144
Income tax reserves 106,801 552,623
Other long-term liabilities 149,564 139,934
Total liabilities 5,388,485 5,558,650
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, Class A - $0.01 par value - authorized, 600,000,000 shares; issued, 166,799,073 shares at December 31, 2023 and 165,872,332 shares at March 31, 2023; outstanding, 129,939,050 shares at December 31, 2023 and 131,637,588 shares at March 31, 2023 1,668 1,659
Treasury stock, at cost — 36,860,023 shares at December 31, 2023 and 34,234,744 shares at March 31, 2023 (2,149,734) (1,859,905)
Additional paid-in capital 866,036 769,460
Retained earnings 2,342,770 2,051,455
Accumulated other comprehensive income 25,503 29,333
Total stockholders’ equity 1,086,243 992,002
Total liabilities and stockholders’ equity $ 6,474,728 $ 6,550,652