XML 23 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
BALANCE SHEET ITEMS (Tables)
9 Months Ended
Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]  
Schedule of components of inventories
The components of inventories, net of applicable lower of cost and net realizable value write-downs, were as follows: 
 
As of December 31, 2019
 
As of March 31, 2019
 
(In thousands)
Raw materials
$
2,723,041

 
$
2,922,101

Work-in-progress
382,881

 
366,135

Finished goods
578,251

 
434,618

 
$
3,684,173

 
$
3,722,854


Schedule of goodwill
The following table summarizes the activity in the Company’s goodwill account for each of its four reporting units (which align to the Company's reportable segments) during the nine-month period ended December 31, 2019
 
HRS
 
IEI
 
CEC
 
CTG
 
Total
 
(In thousands)
Balance, beginning of the year
$
507,209

 
$
333,257

 
$
129,325

 
$
103,264

 
$
1,073,055

Divestitures
(1,102
)
 
(137
)
 

 

 
(1,239
)
Foreign currency translation adjustments
(2,004
)
 

 

 

 
(2,004
)
Balance, end of the period
$
504,103

 
$
333,120

 
$
129,325

 
$
103,264

 
$
1,069,812


Schedule of components of acquired intangible assets
The components of acquired intangible assets are as follows:
 
As of December 31, 2019
 
As of March 31, 2019
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
(In thousands)
Intangible assets:
 

 
 

 
 

 
 

 
 

 
 

Customer-related intangibles
$
277,422

 
$
(120,812
)
 
$
156,610

 
$
297,306

 
$
(113,627
)
 
$
183,679

Licenses and other intangibles
247,097

 
(123,779
)
 
123,318

 
274,604

 
(127,288
)
 
147,316

Total
$
524,519

 
$
(244,591
)
 
$
279,928

 
$
571,910

 
$
(240,915
)
 
$
330,995


Schedule of estimated future annual amortization expense for intangible assets The estimated future annual amortization expense for intangible assets is as follows:
Fiscal Year Ending March 31,
 
Amount
 
 
(In thousands)
2020 (1)
 
$
15,351

2021
 
60,289

2022
 
51,846

2023
 
44,193

2024
 
42,572

Thereafter
 
65,677

Total amortization expense
 
$
279,928

____________________________________________________________
(1)
Represents estimated amortization for the remaining three-month period ending March 31, 2020.