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Balance Sheet Components | 12 Months Ended
--- | ---
Mar. 31, 2024
Balance Sheet Related Disclosures [Abstract] |
Balance Sheet Components | Balance Sheet Components The following table presents the components of certain balance sheet asset amounts as of March 31, 2024 and 2023 (in thousands):
|  | March 31,
|  | 2024 |  | 2023
Accounts receivable, net: |  |  |  |
Accounts receivable |  | $ | 744,836 |  |  | $ | 851,576 |
Allowance for doubtful accounts |  | — |  |  | (86) |
Allowance for sales returns |  | (10,180) |  |  | (10,146) |
Allowance for cooperative marketing arrangements |  | (41,634) |  |  | (40,495) |
Allowance for customer incentive programs |  | (60,027) |  |  | (71,645) |
Allowance for pricing programs |  | (91,280) |  |  | (98,822) |
|  | $ | 541,715 |  |  | $ | 630,382 |
Inventories: |  |  |  |
Raw materials |  | $ | 65,209 |  |  | $ | 171,790 |
Finished goods |  | 357,304 |  |  | 511,103 |
|  | $ | 422,513 |  |  | $ | 682,893 |
Other current assets: |  |  |  |
VAT receivables |  | $ | 41,172 |  |  | $ | 60,343 |
Prepaid expenses and other assets |  | 105,098 |  |  | 82,533 |
|  | $ | 146,270 |  |  | $ | 142,876 |
Property, plant and equipment, net: |  |  |  |
Plant, buildings and improvements |  | $ | 84,189 |  |  | $ | 69,360 |
Equipment and tooling |  | 296,857 |  |  | 309,151 |
Computer equipment |  | 26,785 |  |  | 31,535 |
Software |  | 86,161 |  |  | 79,118 |
|  | 493,992 |  |  | 489,164 |
Less: accumulated depreciation and amortization |  | (387,293) |  |  | (396,855) |
|  | 106,699 |  |  | 92,309 |
Construction-in-process |  | 7,180 |  |  | 26,399 |
Land |  | 2,710 |  |  | 2,795 |
|  | $ | 116,589 |  |  | $ | 121,503 |
Other assets: |  |  |  |
Deferred tax assets |  | $ | 224,831 |  |  | $ | 171,989 |
Right-of-use assets |  | 61,163 |  |  | 67,330 |
Investments in privately held companies |  | 28,662 |  |  | 33,323 |
Investments for deferred compensation plan |  | 29,174 |  |  | 28,213 |
Other assets |  | 6,364 |  |  | 15,438 |
|  | $ | 350,194 |  |  | $ | 316,293 |
The following table presents the components of certain balance sheet liability amounts as of March 31, 2024 and 2023 (in thousands):
|  | March 31,
|  | 2024 |  | 2023
Accrued and other current liabilities: |  |  |  |
Accrued customer marketing, pricing and incentive programs |  | $ | 170,371 |  |  | $ | 206,546 |
Accrued personnel expenses |  | 145,473 |  |  | 103,592 |
Accrued sales return liability |  | 30,098 |  |  | 49,462 |
Accrued loss for inventory purchase commitments |  | 29,349 |  |  | 46,608 |
VAT payable |  | 28,253 |  |  | 33,328 |
Warranty liabilities |  | 30,270 |  |  | 28,861 |
Income taxes payable |  | 24,196 |  |  | 18,788 |
Deferred revenue (1) |  | 19,262 |  |  | 11,017 |
Operating lease liabilities |  | 15,107 |  |  | 12,655 |
Contingent consideration |  | 1,215 |  |  | 6,629 |
Other current liabilities |  | 143,668 |  |  | 125,653 |
|  | $ | 637,262 |  |  | $ | 643,139 |
Other non-current liabilities: |  |  |  |
Operating lease liabilities |  | $ | 61,920 |  |  | $ | 58,361 |
Employee benefit plan obligations |  | 42,707 |  |  | 32,421 |
Obligation for deferred compensation plan |  | 29,174 |  |  | 28,213 |
Deferred revenue (1) |  | 21,097 |  |  | 8,277 |
Warranty liabilities |  | 14,384 |  |  | 12,025 |
Deferred tax liabilities |  | 705 |  |  | 2,803 |
Other non-current liabilities |  | 2,603 |  |  | 4,595 |
|  | $ | 172,590 |  |  | $ | 146,695 |
(1) Includes deferred revenue for PCS and other services.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//210/tableOfContent + Details
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