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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Mar. 31, 2023
ASSETS    
Cash and cash equivalents $ 823,051 $ 981,795
Trade accounts receivable, net of allowances ($45,511 and $32,504 as of September 30, 2023, and March 31, 2023, respectively) 487,677 301,511
Inventories 726,332 532,852
Prepaid expenses 46,094 33,788
Other current assets 83,455 55,523
Income tax receivable 13,272 4,784
Total current assets 2,179,881 1,910,253
Property and equipment, net of accumulated depreciation ($333,711 and $317,508 as of September 30, 2023, and March 31, 2023, respectively) (Note 11) 295,212 266,679
Operating lease assets 209,338 213,302
Goodwill 13,990 13,990
Other intangible assets, net of accumulated amortization ($81,809 and $81,033 as of September 30, 2023, and March 31, 2023, respectively) 36,350 37,457
Deferred tax assets, net 71,078 72,592
Other assets 42,684 41,930
Total assets 2,848,533 2,556,203
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 476,868 265,605
Accrued payroll 49,219 63,781
Operating lease liabilities 49,496 50,765
Other accrued expenses 101,682 86,753
Income tax payable 61,493 17,322
Value added tax payable 20,632 13,154
Total current liabilities 759,390 497,380
Long-term operating lease liabilities 201,572 195,723
Income tax liability 54,251 62,032
Other long-term liabilities 38,190 35,335
Total long-term liabilities 294,013 293,090
Commitments and contingencies (Note 5)
Stockholders’ equity    
Common stock (par value $0.01 per share; 125,000 shares authorized; shares issued and outstanding of 25,822 and 26,176 as of September 30, 2023, and March 31, 2023, respectively) 258 262
Additional paid-in capital 243,400 232,932
Retained earnings 1,600,923 1,571,574
Accumulated other comprehensive loss (Note 8) (49,451) (39,035)
Total stockholders’ equity 1,795,130 1,765,733
Total liabilities and stockholders’ equity $ 2,848,533 $ 2,556,203