Balance Sheet Components (Tables)

9 Months Ended

Dec. 31, 2021

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


	December 31, 2021		March 31, 2021
Accounts receivable, net:
Accounts receivable	$	1,189,206	$	867,868
Allowance for doubtful accounts	(75)		(1,161)
Allowance for sales returns	(15,128)		(14,438)
Allowance for cooperative marketing arrangements	(66,772)		(43,276)
Allowance for customer incentive programs	(125,052)		(76,200)
Allowance for pricing programs	(136,343)		(120,568)
	$	845,836	$	612,225
Inventories:
Raw materials	$	209,647	$	146,886
Finished goods	624,887		514,230
	$	834,534	$	661,116
Other current assets:
Value-added tax receivables	$	56,944	$	67,710
Prepaid expenses and other assets	88,057		67,940
	$	145,001	$	135,650
Property, plant and equipment, net:
Property, plant and equipment at cost	$	451,783	$	417,520
Accumulated depreciation and amortization	(342,182)		(303,460)
	$	109,601	$	114,060
Other assets:
Deferred tax assets	$	196,776	$	210,888
Right-of-use assets	38,997		31,169
Trading investments for deferred compensation plan	29,711		24,809
Investments in privately held companies	43,482		43,402
Other assets	14,639		13,980
	$	323,605	$	324,248

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


	December 31, 2021		March 31, 2021
Accrued and other current liabilities:
Accrued customer marketing, pricing and incentive programs	$	244,821	$	185,394
Accrued personnel expenses	167,249		173,360
VAT payable	41,103		50,620
Accrued sales return liability	37,765		43,178
Accrued payables - non-inventory	29,632		52,392
Warranty accrual	34,121		33,228
Income taxes payable	25,889		131,408

Operating lease liability	13,583		13,101

Contingent consideration	8,580		6,967
Other current liabilities	210,941		168,969
	$	813,684	$	858,617
Other non-current liabilities:
Employee benefit plan obligations	$	74,643	$	72,321
Obligation for deferred compensation plan	29,711		24,809
Operating lease liability	27,464		21,319
Warranty accrual	13,814		15,604
Contingent consideration	3,971		—
Deferred tax liability	1,679		1,679
Other non-current liabilities	4,087		3,770
	$	155,369	$	139,502