Balance Sheet Components (Tables)

6 Months Ended

Sep. 30, 2023

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


	September 30, 2023		March 31, 2023
Accounts receivable, net:
Accounts receivable	$	882,607	$	851,576
Allowance for doubtful accounts	(16)		(86)
Allowance for sales returns	(10,898)		(10,146)
Allowance for cooperative marketing arrangements	(37,781)		(40,495)
Allowance for customer incentive programs	(63,082)		(71,645)
Allowance for pricing programs	(113,935)		(98,822)
	$	656,895	$	630,382
Inventories:
Raw materials	$	92,083	$	171,790
Finished goods	440,860		511,103
	$	532,943	$	682,893
Other current assets:
Value-added tax ("VAT") receivables	$	51,651	$	60,343
Prepaid expenses and other assets	86,831		82,533
	$	138,482	$	142,876
Property, plant and equipment, net:
Property, plant and equipment	$	510,881	$	518,358
Less: accumulated depreciation and amortization	(388,854)		(396,855)
	$	122,027	$	121,503
Other assets:
Deferred tax assets	$	163,053	$	171,989
Right-of-use assets	61,823		67,330
Investments in privately held companies	31,544		33,323
Investments for deferred compensation plan	28,546		28,213
Other assets	6,331		15,438
	$	291,297	$	316,293

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


	September 30, 2023		March 31, 2023
Accrued and other current liabilities:
Accrued customer marketing, pricing and incentive programs	$	187,559	$	206,546
Accrued personnel expenses	95,279		103,592
Accrued loss for inventory purchase commitments	33,157		46,608
Accrued sales return liability	33,906		49,462
Warranty liabilities	28,085		28,861
VAT payable	22,480		33,328
Income taxes payable	26,354		18,788


Operating lease liabilities	14,099		12,655

Contingent consideration	1,700		6,629
Other current liabilities	151,423		136,670
	$	594,042	$	643,139
Other non-current liabilities:
Operating lease liabilities	$	59,673	$	58,361
Employee benefit plan obligations	30,241		32,421
Obligation for deferred compensation plan	28,546		28,213
Warranty liabilities	12,180		12,025
Deferred tax liabilities	2,528		2,803

Other non-current liabilities	13,415		12,872
	$	146,583	$	146,695