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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:      
Net income $ 631,529 $ 612,143 $ 364,575
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 59,664 63,065 76,309
Amortization of intangible assets 20,098 21,681 24,407
Impairment of intangible assets 0 3,526 0
Loss on investments 2,029 14,674 14,073
Share-based compensation expense 89,913 82,889 70,782
Deferred income taxes 56,543 (42,424) 30,714
Change in fair value of contingent consideration for business acquisition 0 (250) 0
Pension curtailment gains 0 0 (4,225)
Other 120 379 1,005
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable, net 69,979 91,519 51,185
Inventories (80,501) 259,796 247,309
Other assets 23,970 10,760 5,634
Accounts payable (31,627) 39,336 (219,051)
Accrued and other liabilities 840 (11,978) (128,707)
Net cash provided by operating activities 842,557 1,145,116 534,010
Cash flows from investing activities:      
Purchases of property, plant and equipment (56,128) (55,897) (92,353)
Acquisitions, net of cash acquired 0 (14,424) (8,527)
Purchases of deferred compensation investments (6,600) (11,571) (6,702)
Proceeds from sales of deferred compensation investments 7,079 12,174 6,209
Other investing activities (1,619) (617) (4,357)
Net cash used in investing activities (57,268) (70,335) (105,730)
Cash flows from financing activities:      
Payment of cash dividends (207,853) (182,305) (158,680)
Payment of contingent consideration for business acquisition (1,245) (5,002) (5,954)
Purchases of registered shares (588,838) (504,203) (418,346)
Proceeds from exercises of stock options and purchase rights 36,405 32,197 28,790
Tax withholdings related to net share settlements of restricted stock units (32,485) (29,744) (29,163)
Other financing activities (3,344) (1,116) 0
Net cash used in financing activities (797,360) (690,173) (583,353)
Effect of exchange rate changes on cash and cash equivalents (5,566) (12,789) (24,620)
Net increase (decrease) in cash and cash equivalents (17,637) 371,819 (179,693)
Cash and cash equivalents at beginning of the period 1,520,842 1,149,023 1,328,716
Cash and cash equivalents at end of the period 1,503,205 1,520,842 1,149,023
Non-cash investing and financing activities:      
Property, plant and equipment purchased during the period and included in period end liability accounts 10,106 11,451 8,593
Supplemental cash flow information:      
Income taxes paid, net $ 67,484 $ 50,855 $ 71,955