Balance Sheet Components (Tables)

3 Months Ended

Jun. 30, 2021

The following table presents the components of certain balance sheet asset amounts as of June 30 and March 31, 2021 (in thousands):


	June 30, 2021		March 31, 2021
Accounts receivable, net:
Accounts receivable	$	812,042	$	867,868
Allowance for doubtful accounts	(548)		(1,161)
Allowance for sales returns	(10,892)		(14,438)
Allowance for cooperative marketing arrangements	(58,901)		(43,276)
Allowance for customer incentive programs	(73,806)		(76,200)
Allowance for pricing programs	(121,988)		(120,568)
	$	545,907	$	612,225
Inventories:
Raw materials	$	166,477	$	146,886
Finished goods	612,119		514,230
	$	778,596	$	661,116
Other current assets:
Value-added tax receivables	$	74,098	$	67,710
Prepaid expenses and other assets	84,032		67,940
	$	158,130	$	135,650
Property, plant and equipment, net:
Property, plant and equipment at cost	$	437,778	$	417,520
Accumulated depreciation and amortization	(323,085)		(303,460)
	$	114,693	$	114,060
Other assets:
Deferred tax assets	$	216,671	$	210,888
Right-of-use assets	33,015		31,169
Trading investments for deferred compensation plan	29,092		24,809
Investments in privately held companies	44,997		43,402
Other assets	14,710		13,980
	$	338,485	$	324,248

The following table presents the components of certain balance sheet liability amounts as of June 30 and March 31, 2021 (in thousands):


	June 30, 2021		March 31, 2021
Accrued and other current liabilities:
Accrued customer marketing, pricing and incentive programs	$	181,423	$	185,394
Accrued personnel expenses	123,427		173,360
VAT payable	55,350		50,620
Accrued sales return liability	51,122		43,178
Accrued payables - non-inventory	43,394		52,392
Warranty accrual	33,981		33,228
Income taxes payable	27,078		131,408

Operating lease liability	14,681		13,101

Contingent consideration	11,495		6,967
Other current liabilities	160,638		168,969
	$	702,589	$	858,617
Other non-current liabilities:
Employee benefit plan obligations	$	73,726	$	72,321
Obligation for deferred compensation plan	29,092		24,809
Operating lease liability	21,310		21,319
Warranty accrual	15,112		15,604
Contingent consideration	3,971		—
Deferred tax liability	1,679		1,679
Other non-current liabilities	2,814		3,770
	$	147,704	$	139,502