Balance Sheet Components (Tables)

12 Months Ended

Mar. 31, 2020

The following table presents the components of certain balance sheet asset amounts as of March 31, 2020 and 2019 (in thousands):



	March 31,
	2020			2019
Accounts receivable, net:
Accounts receivable	$	597,939		$	573,348
Allowance for doubtful accounts	(1,894		)	(84		)
Allowance for sales returns	(6,599		)	(6,486		)
Allowance for cooperative marketing arrangements	(38,794		)	(35,080		)
Allowance for customer incentive programs	(55,741		)	(60,036		)
Allowance for pricing programs	(100,168		)	(88,353		)
	$	394,743		$	383,309
Inventories:
Raw materials	$	56,052		$	40,970
Finished goods	173,197			252,525
	$	229,249		$	293,495
Other current assets:
Value-added tax receivables	$	33,616		$	34,321
Prepaid expenses and other assets	41,304			34,795
	$	74,920		$	69,116
Property, plant and equipment, net:
Plant, buildings and improvements	$	65,261		$	65,219
Equipment and tooling	185,760			197,540
Computer equipment	26,148			24,132
Software	56,091			62,663
	333,260			349,554
Less: accumulated depreciation and amortization	(270,387		)	(280,793		)
	62,873			68,761
Construction-in-process	10,441			7,021
Land	2,805			2,770
	$	76,119		$	78,552
Other assets:
Deferred tax assets	$	240,528		$	90,808
Right-of-use assets¹	25,557			—
Trading investments for deferred compensation plan	20,085			20,363
Investment in privately held companies	45,949			16,022
Other assets	12,900			5,260
	$	345,019		$	132,453

⁽¹⁾ Increase of balances was due to the adoption of Topic 842. Refer to Note 2 to the consolidated financial statements for more information.

The following table presents the components of certain balance sheet liability amounts as of March 31, 2020 and 2019 (in thousands):



	March 31,
	2020		2019
Accrued and other current liabilities:
Accrued personnel expenses	$	104,423	$	103,166
Accrued sales return liability	30,267		37,749
Accrued customer marketing, pricing and incentive programs	130,220		143,888
Operating lease liability¹	10,945		—
Warranty accrual	25,905		21,524
Contingent consideration	23,284		—
Other current liabilities	129,980		127,570
	$	455,024	$	433,897
Other non-current liabilities:
Warranty accrual	$	14,134	$	12,705
Obligation for deferred compensation plan	20,085		20,363
Employee benefit plan obligation	61,303		51,448
Deferred tax liability	1,931		2,050
Operating lease liability¹	19,536		—
Other non-current liabilities	2,285		7,016
	$	119,274	$	93,582

⁽¹⁾ Increase of balances was due to the adoption of Topic 842. Refer to Note 2 to the consolidated financial statements for more information.