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Employee Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Expense and Related Tax Benefit Recognized

The following table summarizes share-based compensation expense and total income tax benefit recognized for fiscal years 2025, 2024 and 2023 (in thousands):

						Years Ended March 31,
						2025						2024						2023
Cost of goods sold						$	10,021					$	8,004					$	5,635
Marketing and selling						40,378						35,780						34,707
Research and development						20,180						17,836						15,292
General and administrative						19,334						21,269						15,148
Total share-based compensation expense						89,913						82,889						70,782
Income tax benefit						(20,148)						(15,305)						(9,750)
Total share-based compensation expense, net of income tax benefit						$	69,765					$	67,584					$	61,032

Schedule of Assumptions Applied for the Fair Value of Market-Based RSUs Using the Monte-Carlo Simulation Method

The grant date fair value of the ESPP using the Black-Scholes-Merton option-pricing valuation model and the grant date fair value of the PSUs using the Monte-Carlo simulation method are determined with the following assumptions:

									Employee Stock Purchase Plans
									Years Ended March 31,
									2025						2024						2023
Expected dividend rate									1.35%						1.61%						1.78%
Risk-free interest rate									4.71%						5.36%						3.86%
Expected volatility									29%						33%						46%
Expected term (years)									0.5						0.5						0.5
Weighted average grant date fair value per share									$21.74						$19.02						$16.32

PSUs						Years Ended March 31,
						2025						2024						2023
Expected dividend rate						1.41%						1.90%						1.46%
Risk-free interest rate						4.55%						3.83%						2.78%
Expected volatility						38%						41%						39%
Expected term (years)						3.0						3.0						3.0

Schedule of Stock Option Activity

A summary of the Company's stock option activities under all stock plans for fiscal years 2025, 2024 and 2023 is as follows:

						Number of Shares						Weighted-Average Exercise Price						Weighted-Average Remaining Contractual Term						Aggregate Intrinsic Value
						(In thousands)												(Years)						(In thousands)
Outstanding, March 31, 2022						1,393
Exercised						(155)																		$	6,482
Forfeited						(118)
Outstanding, March 31, 2023						1,120
Exercised						(181)																		$	6,160
Forfeited						(176)
Outstanding, March 31, 2024						763						$	68					7.0						$	16,243
Exercised						(111)						$	80											$	1,483
Forfeited						(65)						$	80
Outstanding, March 31, 2025						587						$	64					5.3						$	11,768
Vested and exercisable, March 31, 2025						587						$	64					5.3						$	11,768

Schedule of Time, Market and Performance-Based RSU Activity

A summary of the Company's RSU and PSU activities for fiscal years 2025, 2024 and 2023 is as follows:

						Number of Shares						Weighted-Average Grant Date Fair Value						Aggregate Fair Value
						(In thousands)												(In thousands)
Outstanding, March 31, 2022						3,046						$	68
Granted—RSUs						1,584						$	53
Granted—PSUs						407						$	69
Vested						(1,143)												$	85,152
Forfeited						(438)
Outstanding, March 31, 2023						3,456						$	66
Granted—RSUs						1,396						$	59
Granted—PSUs						457						$	67
Vested						(1,200)												$	92,340
Forfeited						(631)
Outstanding, March 31, 2024						3,478						$	65
Granted—RSUs						931						$	93
Granted—PSUs						281						$	91
Vested						(1,172)						$	65					$	113,553
Forfeited						(462)						$	85
Outstanding, March 31, 2025						3,056						$	73

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of share-based awards, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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