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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 536,308 $ 721,510
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 65,387 36,010
Amortization of intangible assets 24,223 23,627
Impairment of intangible assets 7,000 0
Loss on investments 1,421 4,692
Share-based compensation expense 72,465 64,714
Deferred income taxes 27,369 37,683
Change in fair value of contingent consideration for business acquisition (3,509) 5,716
Other 1,068 (1,670)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (236,358) (476,804)
Inventories (177,828) (239,378)
Other assets (20,569) (53,281)
Accounts payable (80,637) 541,024
Accrued and other liabilities (17,612) 264,576
Net cash provided by operating activities 198,728 928,419
Cash flows from investing activities:    
Purchases of property, plant and equipment (63,726) (46,163)
Investment in privately held companies (1,260) (3,525)
Acquisitions, net of cash acquired (15,886) (360)
Proceeds from return of strategic investments 0 2,934
Purchases of short-term investments (10,000) 0
Proceeds from the sale of short-term investments 1,225 0
Purchases of trading investments (3,644) (10,672)
Proceeds from sales of trading investments 4,285 11,332
Net cash used in investing activities (89,006) (46,454)
Cash flows from financing activities:    
Payment of cash dividends (159,410) (146,705)
Payment of contingent consideration for business acquisition (880) 0
Purchases of registered shares (290,625) (72,725)
Proceeds from exercises of stock options and purchase rights 16,644 29,709
Tax withholdings related to net share settlements of restricted stock units (58,528) (29,475)
Net cash used in financing activities (492,799) (219,196)
Effect of exchange rate changes on cash and cash equivalents (2,839) 10,408
Net increase / (decrease) in cash and cash equivalents (385,916) 673,177
Cash and cash equivalents, beginning of the period 1,750,327 715,566
Cash and cash equivalents, end of the period 1,364,411 1,388,743
Non-cash investing and financing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 13,707 14,663
Non-cash contingent consideration for acquisition 0 28,463
Fair value of contingent consideration in accrued and other liabilities 9,013 0
Supplemental cash flow information:    
Income taxes paid, net $ 175,775 $ 0