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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 72,073 $ 45,345
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 11,747 10,802
Amortization of intangible assets 8,132 6,867
Gain on investments (174) (211)
Share-based compensation expense 20,115 12,218
Deferred income taxes 3,589 (3,381)
Change in fair value of contingent consideration for business acquisition 5,716 0
Other 9 (4)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (102,092) (34,264)
Inventories (40,385) (2,681)
Other assets (15,770) (5,387)
Accounts payable 168,346 55,592
Accrued and other liabilities (12,459) (48,380)
Net cash provided by operating activities 118,847 36,516
Cash flows from investing activities:    
Purchases of property, plant and equipment (12,308) (9,340)
Investment in privately held companies (30) (170)
Purchases of trading investments (2,424) (1,155)
Proceeds from sales of trading investments 2,362 1,196
Net cash used in investing activities (12,400) (9,469)
Cash flows from financing activities:    
Purchases of registered shares 0 (15,127)
Proceeds from exercises of stock options and purchase rights 9,992 393
Tax withholdings related to net share settlements of restricted stock units (23,121) (19,370)
Net cash used in financing activities (13,129) (34,104)
Effect of exchange rate changes on cash and cash equivalents 511 (503)
Net increase (decrease) in cash and cash equivalents 93,829 (7,560)
Cash and cash equivalents, beginning of the period 715,566 604,516
Cash and cash equivalents, end of the period 809,395 596,956
Non-cash investing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts $ 7,590 $ 3,580