CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Mar. 31, 2017
Current assets:
Cash and cash equivalents	$ 398,848	$ 547,533
Short-term investments	6,789	0
Accounts receivable, net	277,839	185,179
Inventories	330,422	253,401
Other current assets	47,721	41,732
Total current assets	1,061,619	1,027,845
Non-current assets:
Property, plant and equipment, net	87,355	85,408
Goodwill	271,154	249,741
Other intangible assets, net	93,846	47,564
Other assets	138,144	88,119
Total assets	1,652,118	1,498,677
Current liabilities:
Accounts payable	386,963	274,805
Accrued and other current liabilities	229,176	232,273
Total current liabilities	616,139	507,078
Non-current liabilities:
Income taxes payable	33,241	51,797
Other non-current liabilities	80,903	83,691
Total liabilities	730,283	642,566
Commitments and contingencies
Shareholders’ equity:
Registered shares, CHF 0.25 par value: Issued and authorized shares - 173,106 at September 30 and March 31, 2017 Conditionally authorized shares - 50,000 at September 30 and March 31, 2017	30,148	30,148
Additional paid-in capital	29,940	26,596
Shares in treasury, at cost — 8,745 at September 30, 2017 and 10,727 at March 31, 2017	(156,589)	(174,037)
Retained earnings	1,117,139	1,074,110
Accumulated other comprehensive loss	(98,803)	(100,706)
Total shareholders’ equity	921,835	856,111
Total liabilities and shareholders’ equity	$ 1,652,118	$ 1,498,677

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.