GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill for the six months ended September 30, 2023 as follows (in thousands):

Balance at March 31, 2023	$	1,724,404
Foreign currency translation impact	1,859
Divestiture of a business	(4,259)
Balance at September 30, 2023	$	1,722,004

Schedule of Intangible Assets

Intangible assets include the following amortizable intangible assets at September 30, 2023 (in thousands):

	Estimated Useful Life in Years	Cost		Accumulated Amortization		Net
Developed technology	3 - 13 years	$	247,769	$	(234,598)	$	13,171
Customer relationships	8 - 18 years	761,750		(451,580)		310,170
Distributor relationships and technology licenses	1 - 6 years	7,747		(6,883)		864
Definite-lived trademark and trade name	2 - 9 years	57,603		(45,559)		12,044
Core technology	10 years	7,192		(7,192)		—
Capitalized software	3 years	3,317		(3,317)		—
Other	1 - 20 years	1,208		(1,012)		196
		$	1,086,586	$	(750,141)	$	336,445

Intangible assets include the following amortizable intangible assets at March 31, 2023 (in thousands):

	Estimated Useful Life in Years	Cost		Accumulated Amortization		Net
Developed technology	3 - 13 years	$	249,903	$	(233,440)	$	16,463
Customer relationships	8 - 18 years	768,179		(433,876)		334,303
Distributor relationships and technology licenses	1 - 6 years	11,547		(10,133)		1,414
Definite-lived trademark and trade name	2 - 9 years	57,694		(43,489)		14,205
Core technology	10 years	7,192		(7,192)		—
Non-compete agreements	3 years	292		(292)		—
Capitalized software	3 years	3,317		(3,317)		—
Other	1 - 20 years	1,208		(1,002)		206
		$	1,099,332	$	(732,741)	$	366,591

Schedule of Finite-lived Intangible Assets Amortization Expense

The following table provides a summary of amortization expense for the three and six months ended September 30, 2023 and 2022, respectively (in thousands):

	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Amortization of intangible assets included as:
Cost of product revenue	$	1,909	$	2,628	$	3,826	$	5,281
Operating expense	12,555		13,806		25,267		27,692
	$	14,464	$	16,434	$	29,093	$	32,973

Schedule of Expected Future Amortization Expense

The following is the expected future amortization expense at September 30, 2023 for the fiscal years ending March 31 (in thousands):

2024 (remaining six months)	$	28,838
2025	50,679
2026	46,326
2027	43,450
2028	40,495
Thereafter	126,657
	$	336,445