Balance Sheet Components (Tables)

3 Months Ended

Jun. 30, 2023

The following table presents the components of certain balance sheet asset amounts (in thousands):


	June 30, 2023		March 31, 2023
Accounts receivable, net:
Accounts receivable	$	784,489	$	851,576
Allowance for doubtful accounts	(48)		(86)
Allowance for sales returns	(10,522)		(10,146)
Allowance for cooperative marketing arrangements	(39,249)		(40,495)
Allowance for customer incentive programs	(71,033)		(71,645)
Allowance for pricing programs	(101,035)		(98,822)
	$	562,602	$	630,382
Inventories:
Raw materials	$	136,921	$	171,790
Finished goods	435,423		511,103
	$	572,344	$	682,893
Other current assets:
Value-added tax ("VAT") receivables	$	41,932	$	60,343
Prepaid expenses and other assets	69,640		82,533
	$	111,572	$	142,876
Property, plant and equipment, net:
Property, plant and equipment	$	511,130	$	518,358
Less: accumulated depreciation and amortization	(384,165)		(396,855)
	$	126,965	$	121,503
Other assets:
Deferred tax assets	$	172,925	$	171,989
Right-of-use assets	64,304		67,330
Investments in privately held companies	31,272		33,323
Investments for deferred compensation plan	29,884		28,213
Other assets	5,775		15,438
	$	304,160	$	316,293

The following table presents the components of certain balance sheet liability amounts (in thousands):


	June 30, 2023		March 31, 2023
Accrued and other current liabilities:
Accrued customer marketing, pricing and incentive programs	$	184,503	$	206,546
Accrued personnel expenses	92,109		103,592
Accrued loss for inventory purchase commitments	39,547		46,608
Accrued sales return liability	37,661		49,462
Warranty liabilities	28,076		28,861
VAT payable	19,066		33,328
Income taxes payable	18,901		18,788


Operating lease liabilities	12,900		12,655

Contingent consideration	6,500		6,629
Other current liabilities	131,281		136,670
	$	570,544	$	643,139
Other non-current liabilities:
Operating lease liabilities	$	60,074	$	58,361
Employee benefit plan obligations	31,974		32,421
Obligation for deferred compensation plan	29,884		28,213
Warranty liabilities	11,809		12,025
Deferred tax liabilities	2,533		2,803

Other non-current liabilities	12,464		12,872
	$	148,738	$	146,695