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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 487,463 $ 444,528
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 44,178 48,874
Amortization of intangible assets 15,258 16,583
Loss on investments 1,718 12,213
Share-based compensation expense 76,067 64,192
Deferred income taxes 18,652 (9,515)
Other 130 336
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (127,934) (46,786)
Inventories (67,554) 237,969
Other assets 9,416 3,698
Accounts payable 136,848 120,383
Accrued and other liabilities 118,659 13,536
Net cash provided by operating activities 712,901 906,011
Cash flows from investing activities:    
Purchases of property, plant and equipment (43,340) (45,585)
Acquisitions, net of cash acquired 0 (14,138)
Purchases of deferred compensation investments (5,802) (7,893)
Proceeds from sales of deferred compensation investments 4,958 8,193
Other investing activities (1,173) (406)
Net cash used in investing activities (45,357) (59,829)
Cash flows from financing activities:    
Payment of cash dividends (207,853) (182,305)
Payment of contingent consideration for business acquisition (1,245) (5,002)
Purchases of registered shares (463,322) (376,775)
Proceeds from exercises of stock options and purchase rights 20,235 15,319
Tax withholdings related to net share settlements of restricted stock units (22,251) (28,596)
Other financing activities (1,663) (1,116)
Net cash used in financing activities (676,099) (578,475)
Effect of exchange rate changes on cash and cash equivalents (9,455) (4,080)
Net increase (decrease) in cash and cash equivalents (18,010) 263,627
Cash and cash equivalents, beginning of the period 1,520,842 1,149,023
Cash and cash equivalents, end of the period 1,502,832 1,412,650
Non-cash investing and financing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 5,770 8,738
Right-of-use assets obtained in exchange for operating lease liabilities 26,564 4,621
Supplemental cash flow information:    
Income taxes paid, net $ 32,586 $ 32,777