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Income Taxes (Tables)

12 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of (Loss) Income from Continuing Operations Before Income Taxes, Domestic and Foreign

Income (loss) before income taxes consists of the following:

			Year Ended March 31,
(In thousands)			2025						2024						2023
United States			$	249,803					$	239,405					$	(130,331)
Foreign			34,386						36,620						36,416
Total income (loss) before income taxes			$	284,189					$	276,025					$	(93,915)

Schedule of Components of Provision for Income Taxes

The provision (benefit) for income taxes consists of the following:

			Year Ended March 31,
(In thousands)			2025						2024						2023
Current
Federal			$	34,156					$	28,302					$	33,475
State			5,914						3,662						3,721
Foreign			11,092						11,652						11,959
Deferred
Federal			12,237						20,582						(52,473)
State			5,210						3,034						(8,201)
Foreign			975						(546)						(90)
Total provision (benefit) for income taxes			$	69,584					$	66,686					$	(11,609)

Schedule of Components of Deferred Tax Balances

The principal components of our deferred tax balances are as follows:

			March 31,
(In thousands)			2025						2024
Deferred Tax Assets
Allowance for credit losses and sales returns			$	2,920					$	4,070
Inventory capitalization			2,069						1,685
Inventory reserves			1,221						1,353
State income taxes			9,631						8,246
Accrued liabilities			1,275						1,431
Accrued compensation			3,653						3,230
Stock compensation			3,506						3,580
Research and development			6,231						4,179
Lease liability			12,086						2,604
Unrealized foreign exchange loss			245						204
Other			11,268						10,319
Total deferred tax assets			$	54,105					$	40,901
Deferred Tax Liabilities
Property, plant and equipment			$	(9,081)					$	(9,403)
Intangible assets			(451,368)						(430,308)
Right-of-use asset			(12,413)						(2,371)
Total deferred tax liabilities			$	(472,862)					$	(442,082)
Net deferred tax liability			$	(418,757)					$	(401,181)

Schedule of Reconciliation of Effective Tax Rate

A reconciliation of the effective tax rate compared to the statutory U.S. Federal tax rate is as follows:

			Year Ended March 31,
			2025												2024												2023
(In thousands)									%												%												%
Income tax provision (benefit) at statutory rate			$	59,680					21.0						$	57,965					21.0						$	(19,722)					21.0
Foreign tax provision			4,691						1.7						3,164						1.1						4,168						(4.4)
State income taxes provision (benefit), net of federal income tax benefit			10,187						3.6						6,004						2.2						(5,300)						5.6
Goodwill impairment			—						—						—						—						10,232						(10.9)
Research and development			(600)						(0.2)						(700)						(0.3)						(514)						0.5
Compensation limitations			1,312						0.5						1,910						0.7						1,483						(1.6)
Foreign tax credit			(622)						(0.2)						(889)						(0.3)						(1,297)						1.4
Uncertain tax positions			(3,694)						(1.3)						390						0.1						(91)						0.1
Other			(1,370)						(0.6)						(1,158)						(0.3)						(568)						0.7
Total provision (benefit) for income taxes			$	69,584					24.5						$	66,686					24.2						$	(11,609)					12.4

Schedule of Uncertain Tax Liability Activity

Uncertain tax liability activity is as follows:

			2025						2024						2023
(In thousands)
Balance – beginning of year			$	3,325					$	3,295					$	3,562
Reductions based on lapse of statute of limitations			(2,649)						(417)						(495)
Payments and other movements			390						447						228
Balance – end of year			$	1,066					$	3,325					$	3,295

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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