XML 48 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Balance Sheet Components (Tables)
 12 Months Ended
Mar. 31, 2019
Balance Sheet Related Disclosures [Abstract]  
Schedule of components of balance sheet asset
(1) Certain allowances for sales return and certain other Customer Programs were included within accounts receivable, net balance as of March 31, 2018. Upon adoption of Topic 606, such balances are presented as accrued revenue reserve from returns and accrued customer marketing, pricing and incentive programs included in accrued and other current liabilities, and as return assets included in other current assets, respectively, on the consolidated balance sheet as of March 31, 2018. Refer to Note 2 to the consolidated financial statements for more information.
The following table presents the components of certain balance sheet asset amounts as of March 31, 2019 and 2018 (in thousands):
 
 
March 31,
 
 
2019
 
2018
Accounts receivable, net:
 
 
 
 

Accounts receivable
 
$
573,348

 
$
482,872

Allowance for doubtful accounts
 
(84
)
 
(122
)
Allowance for sales returns (1)
 
(6,486
)
 
(25,515
)
Allowance for cooperative marketing arrangements (1)
 
(35,080
)
 
(30,389
)
Allowance for customer incentive programs (1)
 
(60,036
)
 
(70,592
)
Allowance for pricing programs (1)
 
(88,353
)
 
(141,369
)
 
 
$
383,309

 
$
214,885

Inventories:
 
 

 
 

Raw materials
 
$
40,970

 
$
33,603

Finished goods
 
252,525

 
226,303

 
 
$
293,495

 
$
259,906

Other current assets:
 
 

 
 

Value-added tax receivables
 
$
34,321

 
$
29,477

Prepaid expenses and other assets (1)
 
34,795

 
26,885

 
 
$
69,116

 
$
56,362

Property, plant and equipment, net:
 
 

 
 

Plant, buildings and improvements
 
$
65,219

 
$
60,747

Equipment and tooling
 
197,540

 
183,466

Computer equipment
 
24,132

 
22,752

Software
 
62,663

 
65,723

 
 
349,554

 
332,688

Less: accumulated depreciation and amortization
 
(280,793
)
 
(260,284
)
 
 
68,761

 
72,404

Construction-in-process
 
7,021

 
11,029

Land
 
2,770

 
2,871

 
 
$
78,552

 
$
86,304

Other assets:
 
 

 
 

Deferred tax assets
 
$
90,808

 
$
84,651

Trading investments for deferred compensation plan
 
20,363

 
17,748

Investment in privately held companies
 
16,022

 
12,448

Other assets
 
5,260

 
5,908

 
 
$
132,453

 
$
120,755
Schedule of components of balance sheet liability
The following table presents the components of certain balance sheet liability amounts as of March 31, 2019 and 2018 (in thousands):
 
 
March 31,
 
 
2019
 
2018
Accrued and other current liabilities:
 
 

 
 

Accrued personnel expenses
 
$
103,166

 
$
82,330

Accrued sales return liability (1)

 
37,749

 
—

Accrued customer marketing, pricing and incentive programs (1)
 
143,888

 
71,962

Warranty accrual
 
21,524

 
16,279

Income taxes payable
 
6,207

 
4,354

Other current liabilities
 
121,363

 
106,807

 
 
$
433,897

 
$
281,732

Other non-current liabilities:
 
 

 
 

Warranty accrual
 
$
12,705

 
$
11,294

Obligation for deferred compensation plan
 
20,363

 
17,748

Employee benefit plan obligation
 
51,448

 
42,434

Deferred tax liability
 
2,050

 
1,980

Other non-current liabilities
 
7,016

 
8,468

 
 
$
93,582

 
$
81,924



(1) Certain allowances for sales return and certain other Customer Programs were included within accounts receivable, net balance as of March 31, 2018. Upon adoption of Topic 606, such balances are presented as accrued revenue reserve from returns and accrued customer marketing, pricing and incentive programs included in accrued and other current liabilities, and as return assets included in other current assets, respectively, on the consolidated balance sheet as of March 31, 2018. Refer to Note 2 to the consolidated financial statements for more information.