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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,650,802 $ 981,795
Trade accounts receivable, net of allowances ($49,835 and $32,504 as of December 31, 2023, and March 31, 2023, respectively) 331,677 301,511
Inventories 538,963 532,852
Prepaid expenses 36,138 33,788
Other current assets 75,905 55,523
Income tax receivable 15,369 4,784
Total current assets 2,648,854 1,910,253
Property and equipment, net of accumulated depreciation ($348,875 and $317,508 as of December 31, 2023, and March 31, 2023, respectively) (Note 11) 300,815 266,679
Operating lease assets 232,179 213,302
Goodwill 13,990 13,990
Other intangible assets, net of accumulated amortization ($82,866 and $81,033 as of December 31, 2023, and March 31, 2023, respectively) 35,798 37,457
Deferred tax assets, net 68,950 72,592
Other assets 46,873 41,930
Total assets 3,347,459 2,556,203
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 507,161 265,605
Accrued payroll 86,378 63,781
Operating lease liabilities 51,124 50,765
Other accrued expenses 160,570 86,753
Income tax payable 109,350 17,322
Value added tax payable 12,859 13,154
Total current liabilities 927,442 497,380
Long-term operating lease liabilities 222,867 195,723
Income tax liability 52,585 62,032
Other long-term liabilities 40,375 35,335
Total long-term liabilities 315,827 293,090
Commitments and contingencies (Note 5)
Stockholders’ equity    
Common stock (par value $0.01 per share; 125,000 shares authorized; shares issued and outstanding of 25,650 and 26,176 as of December 31, 2023, and March 31, 2023, respectively) 256 262
Additional paid-in capital 255,994 232,932
Retained earnings 1,890,314 1,571,574
Accumulated other comprehensive loss (Note 8) (42,374) (39,035)
Total stockholders’ equity 2,104,190 1,765,733
Total liabilities and stockholders’ equity $ 3,347,459 $ 2,556,203