SUMMARY OF ACCOUNTING POLICIES (Tables)

12 Months Ended

Mar. 31, 2013

SUMMARY OF ACCOUNTING POLICIES

Summary of the activity in the Company's allowance for doubtful accounts

	Balance at Beginning of Year		Charged to Costs and Expenses		Deductions/ Write-Offs			Balance at End of Year
	(In thousands)
Allowance for doubtful accounts:
Year ended March 31, 2011(4)	$	13,163	$	3,877	$	(3,818	)	$	13,222
Year ended March 31, 2012(1)(2)(4)	$	13,222	$	30,122	$	(4,439	)	$	38,905
Year ended March 31, 2013(2)(3)	$	38,905	$	6,643	$	(34,671	)	$	10,877

(1)

Deductions/write-offs amount for fiscal year 2012 includes $3.9 million, which was previously reserved and the underlying accounts receivable balance was reclassified to non-current assets in fiscal year 2012, and carried net of its specific reserve.

(2)

Included in amounts charged to costs and expenses in fiscal year 2012 is $28.0 million related to a distressed customer, which was written off in fiscal year 2013.

(3)

Deductions/write-offs amount for fiscal year 2013 also includes $5.8 million, which was previously reserved and the underlying accounts receivable balance was reclassified to non-current assets in fiscal year 2013 and is carried net of its specific reserve.

(4)

Included in amounts charged to costs and expense in fiscal year 2012 and fiscal year 2011 is $0.2 million, respectively, related to discontinued operations.

Schedule of cash and cash equivalents

	As of March 31,
	2013		2012
	(In thousands)
Cash and bank balances	$	1,089,697	$	1,174,423
Money market funds and time deposits		497,390		343,906
	$	1,587,087	$	1,518,329

Schedule of components of inventories

	As of March 31,
	2013		2012
	(In thousands)
Raw materials	$	1,683,098	$	1,952,358
Work-in-progress		421,706		537,753
Finished goods		617,696		810,680
	$	2,722,500	$	3,300,791

Schedule of property and equipment, net

		As of March 31,
	Depreciable Life (In Years)
		2013			2012
		(In thousands)
Machinery and equipment	3 - 10	$	2,668,996		$	2,677,387
Buildings	30		1,032,595			1,024,247
Leasehold improvements	up to 30		384,519			283,340
Furniture, fixtures, computer equipment and software	3 - 7		399,368			373,174
Land	—		127,241			126,314
Construction-in-progress	—		139,032			87,461
			4,751,751			4,571,923
Accumulated depreciation and amortization			(2,577,163	)		(2,495,481	)
Property and equipment, net		$	2,174,588		$	2,076,442

Schedule of goodwill

	As of March 31,
	2013			2012
	(In thousands)
Balance, beginning of the year, net of accumulated impairment of $5,949,977	$	101,670		$	93,207
Additions(1)		160,609			8,607
Purchase accounting adjustments and reclassification to other intangibles(2)		—			601
Foreign currency translation adjustments		(274	)		(745	)
Balance, end of period, net of accumulated impairment of $5,949,977	$	262,005		$	101,670

(1)

For fiscal year 2013, additions to goodwill were primarily related to $98.7 million added from the acquisition of Saturn Electronics and Engineering, Inc ("Saturn"). The remainder of the additions were attributable to certain acquisitions that were not individually, nor in the aggregate, significant to the Company. For fiscal year 2012, additions were attributable to certain acquisitions that were not individually, nor in the aggregate, significant to the Company. Refer to the discussion of the Company's acquisitions in note 15.

(2)

Includes adjustments and reclassifications based on management's estimates resulting from their review and finalization of the valuation of assets and liabilities acquired through certain business combinations completed in a period subsequent to the respective acquisition. These adjustments, reclassifications and acquisitions were not individually, nor in the aggregate, significant to the Company.

Schedule of components of acquired intangible assets

	As of March 31, 2013							As of March 31, 2012
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets:
Customer-related intangibles	$	294,310	$	(224,517	)	$	69,793	$	243,681	$	(199,238	)	$	44,443
Licenses and other intangibles		21,040		(9,286	)		11,754		22,740		(8,929	)		13,811
Total	$	315,350	$	(233,803	)	$	81,547	$	266,421	$	(208,167	)	$	58,254

Schedule of estimated future annual amortization expense for acquired intangible assets

Fiscal Year Ending March 31,	Amount
	(In thousands)
2014	$	26,383
2015		21,436
2016		16,778
2017		10,069
2018		5,179
Thereafter		1,702
Total amortization expense	$	81,547