GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Dec. 31, 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 nine months ended December 31, 2023 as follows (in thousands):

Balance at March 31, 2023	$	1,724,404
Goodwill impairment	(167,106)
Divestiture of a business	(4,259)
Foreign currency translation impact	(1,498)
Balance at December 31, 2023	$	1,551,541

Schedule of Intangible Assets

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

	Estimated Useful Life in Years	Cost		Accumulated Amortization		Net
Developed technology	3 - 13 years	$	248,827	$	(237,264)	$	11,563
Customer relationships	8 - 18 years	765,515		(464,928)		300,587
Distributor relationships and technology licenses	1 - 6 years	7,812		(7,219)		593
Definite-lived trademark and trade name	2 - 9 years	57,768		(46,803)		10,965
Core technology	10 years	7,192		(7,192)		—
Capitalized software	3 years	3,317		(3,317)		—
Other	1 - 20 years	1,208		(1,017)		191
		$	1,091,639	$	(767,740)	$	323,899

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 nine months ended December 31, 2023 and 2022, respectively (in thousands):

	Three Months Ended				Nine Months Ended
	December 31,				December 31,
	2023		2022		2023		2022
Amortization of intangible assets included as:
Cost of product revenue	$	1,907	$	2,627	$	5,733	$	7,908
Operating expense	12,538		13,823		37,805		41,515
	$	14,445	$	16,450	$	43,538	$	49,423

Schedule of Expected Future Amortization Expense

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

2024 (remaining three months)	$	14,485
2025	50,915
2026	46,544
2027	43,660
2028	40,699
Thereafter	127,596
	$	323,899