Balance Sheet Components (Tables)

3 Months Ended

Jun. 30, 2022

The following table presents the components of certain balance sheet asset amounts (in thousands):


	June 30, 2022		March 31, 2022
Accounts receivable, net:
Accounts receivable	$	961,266	$	964,766
Allowance for doubtful accounts	(174)		(2,212)
Allowance for sales returns	(9,779)		(12,321)
Allowance for cooperative marketing arrangements	(47,025)		(56,372)
Allowance for customer incentive programs	(95,215)		(97,460)
Allowance for pricing programs	(102,187)		(120,797)
	$	706,886	$	675,604
Inventories:
Raw materials	$	243,780	$	226,155
Finished goods	673,576		706,969
	$	917,356	$	933,124
Other current assets:
Value-added tax ("VAT") receivables	$	44,018	$	58,850
Prepaid expenses and other assets	82,671		76,628
	$	126,689	$	135,478
Property, plant and equipment, net:
Property, plant and equipment	$	477,941	$	459,413
Less: accumulated depreciation and amortization	(365,701)		(349,606)
	$	112,240	$	109,807
Other assets:
Deferred tax assets	$	187,544	$	193,629
Investments in privately held companies	56,512		43,068
Right-of-use assets	41,422		40,661
Investments for deferred compensation plan	28,310		28,431
Other assets	15,067		14,933
	$	328,855	$	320,722

The following table presents the components of certain balance sheet liability amounts (in thousands):


	June 30, 2022		March 31, 2022
Accrued and other current liabilities:
Accrued customer marketing, pricing and incentive programs	$	214,342	$	232,393
Accrued personnel expenses	115,168		165,090
Accrued sales return liability	43,737		40,507
Warranty accrual	31,368		32,987
Accrued payables - non-inventory	20,661		26,722
VAT payable	20,443		39,602
Income taxes payable	19,239		35,355

Operating lease liabilities	13,121		13,690

Contingent consideration	12,013		8,042
Other current liabilities	203,692		190,460
	$	693,784	$	784,848
Other non-current liabilities:
Employee benefit plan obligations	$	48,604	$	50,741
Operating lease liabilities	28,873		28,207
Obligation for deferred compensation plan	28,310		28,431
Warranty accrual	12,473		13,232
Deferred tax liabilities	3,154		1,962
Contingent consideration	1,388		4,217
Other non-current liabilities	8,898		5,343
	$	131,700	$	132,133