GOODWILL & INTANGIBLE ASSETS (Tables)

12 Months Ended

Mar. 31, 2024

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 fiscal years ended March 31, 2024 and 2023 as follows (in thousands):

Balance at March 31, 2022	$	1,723,156
Foreign currency translation impact	1,248
Balance at March 31, 2023	$	1,724,404
Goodwill impairment	(217,260)
Divestiture of a business	(4,259)
Foreign currency translation impact	(65)
Balance at March 31, 2024	$	1,502,820

Schedule of Intangible Assets

Intangible assets include the following amortizable intangible assets at March 31, 2024 (in thousands):

	Estimated Useful Life in Years	Cost		Accumulated Amortization		Net
Developed technology	3 - 13 years	$	248,385	$	(238,470)	$	9,915
Customer relationships	8 - 18 years	763,943		(475,592)		288,351
Distributor relationships and technology licenses	1 - 6 years	7,785		(7,463)		322
Definite-lived trademark and trade name	2 - 9 years	57,699		(47,814)		9,885
Core technology	10 years	7,192		(7,192)		—
Capitalized software	3 years	3,317		(3,317)		—
Other	1 - 20 years	1,208		(1,022)		186
		$	1,089,529	$	(780,870)	$	308,659

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 Amortization Expense

The following table provides a summary of amortization expense during the fiscal years ended March 31, 2024, 2023, and 2022 (in thousands).

	Years Ended March 31,
	2024		2023		2022
Amortization of intangible assets included as:
Cost of product revenue	7,642		10,542		14,600
Operating expense	50,357		55,410		59,761
	$	57,999	$	65,952	$	74,361

Schedule of Expected Future Amortization Expense

The following is the expected future amortization expense at March 31, 2024 for the fiscal years ended March 31 (in thousands):

2025	$	50,816
2026	46,453
2027	43,572
2028	40,614
2029	31,410
Thereafter	95,794
Total	$	308,659