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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Mar. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,502,051 $ 981,795
Trade accounts receivable, net of allowances ($27,331 and $32,504 as of March 31, 2024, and March 31, 2023, respectively) (Note 2 and Schedule II) 296,565 301,511
Inventories 474,311 532,852
Prepaid expenses 34,284 33,788
Other current assets 92,713 55,523
Income tax receivable 43,559 4,784
Total current assets 2,443,483 1,910,253
Property and equipment, net of accumulated depreciation ($349,138 and $317,508 as of March 31, 2024, and March 31, 2023, respectively) (Note 1 and Note 13) 302,122 266,679
Operating lease assets 225,669 213,302
Goodwill (Note 3) 13,990 13,990
Other intangible assets, net of accumulated amortization ($91,314 and $81,033 as of March 31, 2024, and March 31, 2023, respectively) (Note 3) 27,083 37,457
Deferred tax assets, net (Note 5) 72,584 72,592
Other assets 50,648 41,930
Total assets 3,135,579 2,556,203
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 378,503 265,605
Accrued payroll 123,653 63,781
Operating lease liabilities (Note 7) 53,581 50,765
Other accrued expenses 106,785 86,753
Income tax payable 52,338 17,322
Value added tax payable 5,133 13,154
Total current liabilities 719,993 497,380
Long-term operating lease liabilities (Note 7) 213,298 195,723
Income tax liability 52,470 62,032
Other long-term liabilities 42,350 35,335
Total long-term liabilities 308,118 293,090
Commitments and contingencies (Note 7)
Stockholders’ equity    
Common stock ($0.01 par value; 125,000 shares authorized; shares issued and outstanding of 25,593 and 26,176 as of March 31, 2024, and March 31, 2023, respectively) 255 262
Additional paid-in capital 245,149 232,932
Retained earnings 1,912,797 1,571,574
Accumulated other comprehensive loss (Note 10) (50,733) (39,035)
Total stockholders’ equity 2,107,468 1,765,733
Total liabilities and stockholders’ equity $ 3,135,579 $ 2,556,203