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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 146,015 $ 141,833
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 15,064 14,506
Amortization of intangible assets 4,795 5,079
Loss on investments 393 1,186
Share-based compensation expense 32,828 23,405
Deferred income taxes 12,113 11,662
Other (25) (24)
Changes in assets and liabilities:    
Accounts receivable, net (166,767) (53,952)
Inventories 17,304 (39,095)
Other assets (19,817) 4,907
Accounts payable 135,003 109,028
Accrued and other liabilities (51,861) (42,506)
Net cash provided by operating activities 125,045 176,029
Cash flows from investing activities:    
Purchases of property, plant and equipment (16,276) (14,586)
Purchases of deferred compensation investments (3,261) (695)
Proceeds from sales of deferred compensation investments 1,738 738
Other investing activities (301) (816)
Net cash used in investing activities (18,100) (15,359)
Cash flows from financing activities:    
Purchases of registered shares (121,657) (130,899)
Proceeds from exercises of stock options and purchase rights 3,262 4,618
Tax withholdings related to net share settlements of restricted stock units (16,038) (18,853)
Net cash used in financing activities (134,433) (145,134)
Effect of exchange rate changes on cash and cash equivalents 12,105 (1,998)
Net increase (decrease) in cash and cash equivalents (15,383) 13,538
Cash and cash equivalents, beginning of the period 1,503,205 1,520,842
Cash and cash equivalents, end of the period 1,487,822 1,534,380
Non-cash investing and financing activities:    
Property, plant and equipment purchased during the period and included in period end liability accounts 8,565 8,130
Right-of-use assets obtained in exchange for operating lease liabilities 1,221 4,292
Supplemental cash flow information:    
Income taxes paid, net $ 28,772 $ 10,374