Balance Sheet Components

6 Months Ended

Sep. 30, 2020

The following table presents the components of certain balance sheet asset amounts as of September 30 and March 31, 2020 (in thousands):



	September 30, 2020			March 31, 2020
Accounts receivable, net:
Accounts receivable	$	973,523		$	597,939
Allowance for doubtful accounts	(1,358		)	(1,894		)
Allowance for sales returns	(10,487		)	(6,599		)
Allowance for cooperative marketing arrangements	(40,396		)	(38,794		)
Allowance for customer incentive programs	(63,051		)	(55,741		)
Allowance for pricing programs	(107,482		)	(100,168		)
	$	750,749		$	394,743
Inventories:
Raw materials	$	60,606		$	56,052
Finished goods	334,102			173,197
	$	394,708		$	229,249
Other current assets:
Value-added tax receivables	$	41,862		$	33,616
Prepaid expenses and other assets	52,891			41,304
	$	94,753		$	74,920
Property, plant and equipment, net:
Property, plant and equipment at cost	$	378,392		$	346,506
Accumulated depreciation and amortization	(292,006		)	(270,387		)
	$	86,386		$	76,119
Other assets:
Deferred tax assets	$	222,763		$	240,528
Right-of-use assets	31,386			25,557
Trading investments for deferred compensation plan	24,559			20,085
Investments in privately held companies	46,942			45,949
Other assets	13,747			12,900
	$	339,397		$	345,019

The following table presents the components of certain balance sheet liability amounts as of September 30 and March 31, 2020 (in thousands):



	September 30, 2020		March 31, 2020
Accrued and other current liabilities:
Accrued personnel expenses	$	105,159	$	104,423
Accrued sales return liability	28,990		30,267
Accrued customer marketing, pricing and incentive programs	143,597		130,220
Operating lease liability	12,868		10,945
Accrued freight and duty	27,954		13,284
Warranty accrual	27,303		25,905
Income taxes payable	40,884		8,823
Contingent consideration	29,000		23,284
Other current liabilities	126,222		107,873
	$	541,977	$	455,024
Other non-current liabilities:
Warranty accrual	$	14,479	$	14,134
Obligation for deferred compensation plan	24,559		20,085
Employee benefit plan obligations	63,837		61,303
Operating lease liability	23,017		19,536
Deferred tax liability	1,931		1,931
Other non-current liabilities	2,726		2,285
	$	130,549	$	119,274