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GOODWILL & INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | The following table summarizes the changes in the carrying amount of goodwill for the fiscal years ended March 31, 2025 and 2024 as follows (in thousands):
Balance at March 31, 2023 | $ | 1,724,404 |
Goodwill impairment | (217,260) |
Divestiture of a business | (4,259) |
Foreign currency translation impact | (65) |
Balance at March 31, 2024 | $ | 1,502,820 |
Goodwill impairment | (426,967) |
Foreign currency translation impact | 530 |
Balance at March 31, 2025 | $ | 1,076,383 |
Schedule of Intangible Assets | Intangible assets include the following amortizable intangible assets at March 31, 2025 (in thousands):
| Cost |  | Accumulated Amortization |  | Net
Developed technology | $ | 248,232 |  |  | $ | (242,298) |  |  | $ | 5,934 |
Customer relationships | 763,397 |  |  | (518,995) |  |  | 244,402 |
Distributor relationships and technology licenses | 5,097 |  |  | (4,022) |  |  | 1,075 |
Definite-lived trademark and trade name | 57,675 |  |  | (50,562) |  |  | 7,113 |
Core technology | 7,192 |  |  | (7,192) |  |  | — |
Capitalized software | 3,317 |  |  | (3,317) |  |  | — |
Other | 1,208 |  |  | (1,042) |  |  | 166 |
| $ | 1,086,118 |  |  | $ | (827,428) |  |  | $ | 258,690 |
Intangible assets include the following amortizable intangible assets at March 31, 2024 (in thousands):
|  | Cost |  | Accumulated Amortization |  | Net
Developed technology |  | $ | 248,385 |  |  | $ | (238,470) |  |  | $ | 9,915 |
Customer relationships |  | 763,943 |  |  | (475,592) |  |  | 288,351 |
Distributor relationships and technology licenses |  | 7,785 |  |  | (7,463) |  |  | 322 |
Definite-lived trademark and trade name |  | 57,699 |  |  | (47,814) |  |  | 9,885 |
Core technology |  | 7,192 |  |  | (7,192) |  |  | — |
Capitalized software |  | 3,317 |  |  | (3,317) |  |  | — |
Other |  | 1,208 |  |  | (1,022) |  |  | 186 |
|  | $ | 1,089,529 |  |  | $ | (780,870) |  |  | $ | 308,659 |
Schedule of Amortization Expense | The following table provides a summary of amortization expense during the fiscal years ended March 31, 2025, 2024, and 2023 (in thousands).
| Years Ended March 31,
| 2025 |  | 2024 |  | 2023
Amortization of intangible assets included as: |  |  |  |  |
Cost of product revenue | 4,515 |  |  | 7,642 |  |  | 10,542 |
Operating expense | 46,460 |  |  | 50,357 |  |  | 55,410 |
| $ | 50,975 |  |  | $ | 57,999 |  |  | $ | 65,952 |
Schedule of Expected Future Amortization Expense | The following is the expected future amortization expense at March 31, 2025 for the fiscal years ended March 31 (in thousands):
2026 | $ | 46,717 |
2027 | 43,864 |
2028 | 40,907 |
2029 | 31,516 |
2030 | 28,598 |
Thereafter | 67,088 |
Total | $ | 258,690 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
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