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INCOME TAXES
 6 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES
NOTE 17 – INCOME TAXES
Generally, the Company's effective tax rate differs from the U.S. federal statutory income tax rate primarily due to foreign withholding taxes and U.S. taxation on foreign earnings, which are partially offset by research and development tax credits and the foreign derived intangible income deduction.
The Company's effective tax rates were 17.7% and 26.8% for the three months ended September 30, 2025 and 2024, respectively. The effective tax rate for the three months ended September 30, 2025 differed from the effective tax rate for the three months ended September 30, 2024, primarily due to the impact of our sales mix in different geographic areas.
The Company's effective tax rates were 22.4% and 1.6% for the six months ended September 30, 2025 and 2024, respectively. The effective tax rate for the six months ended September 30, 2025 differed from the effective tax rate for the six months ended September 30, 2024 primarily related to the impact of our sales mix in different geographic areas. Also contributing to the effective tax rate change was an impact related to stock compensation and goodwill impairment incurred during the six months ended September 30, 2024, which was not deductible for tax purposes.
On July 4, 2025, new U.S tax legislation was signed into law (known as the "One Big Beautiful Bill Act" or "OBBBA") which makes permanent many of the tax provisions enacted in 2017 as part of the Tax Cuts and Jobs Act that were set to expire at the end of 2025. In addition, the OBBBA makes changes to certain U.S. corporate tax provisions, but many are generally not effective until 2026. The Company does not expect the new legislation to have a material impact on the results of operations.