INCOME TAXES (Tables)

12 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense for fiscal years 2014, 2013, and 2012 consisted of the following:

(in thousands)	Fiscal Year Ended March 31,
	2014			2013			2012
Current:
Federal	$	28,859		$	25,530		$	23,844
State	1,263			2,452			2,719
Foreign	4,384			4,777			5,080
Total current provision for income taxes	34,506			32,759			31,643
Deferred:
Federal	(4,675		)	(586		)	2,324
State	(629		)	(474		)	(569		)
Foreign	(480		)	324			168
Total deferred benefit for income taxes	(5,784		)	(736		)	1,923
Income tax expense	$	28,722		$	32,023		$	33,566

Schedule of Income before Income Tax, Domestic and Foreign

The components of income before income taxes for fiscal years 2014, 2013, and 2012 are as follows:

	Fiscal Year Ended March 31,
(in thousands)	2014		2013		2012
United States	$	85,231	$	80,875	$	79,589
Foreign	55,908		57,550		63,013
Income before income taxes	$	141,139	$	138,425	$	142,602

Schedule of Effective Income Tax Rate Reconciliation

The following is a reconciliation between statutory federal income taxes and the income tax expense for fiscal years 2014, 2013, and 2012:

(in thousands)	Fiscal Year Ended March 31,
	2014			2013			2012
Tax expense at statutory rate	$	49,399		$	48,449		$	49,911
Foreign operations taxed at different rates	(16,175		)	(15,244		)	(16,973		)
State taxes, net of federal benefit	634			1,978			2,149
Research and development credit	(1,805		)	(3,380		)	(1,392		)
Other, net	(3,331		)	220			(129		)
Income tax expense	$	28,722		$	32,023		$	33,566

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company's deferred tax assets and liabilities as of March 31, 2014 and 2013 are as follows:

	March 31,
(in thousands)	2014				2013
Accruals and other reserves	$	8,459			$	7,983
Net operating loss carry forward	4,580				5,956
Stock compensation	8,957				8,199
Other deferred tax assets	3,937				3,643
Valuation allowance	(3,351		)		(5,984		)
Total deferred tax assets	22,582				19,797
Deferred gains on sales of properties	(1,756		)		(1,756		)
Unremitted earnings of certain subsidiaries	(3,064		)		(3,064		)
Fixed asset depreciation	(3,571		)		(4,402		)
Other deferred tax liabilities	—				(2,197		)
Total deferred tax liabilities	(8,391		)		(11,419		)
Net deferred tax assets	$	14,191		(1)	$	8,378

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the change in the amount of gross unrecognized income tax benefits for the periods is as follows:

	March 31,
(in thousands)	2014			2013			2012
Balance at beginning of period	$	11,072		$	11,141		$	10,458
Increase (decrease) of unrecognized tax benefits related to prior years	641			(117		)	116
Increase of unrecognized tax benefits related to the current year	2,427			2,430			2,074
Reductions to unrecognized tax benefits related to lapse of applicable statute of limitations	(1,569		)	(2,382		)	(1,507		)
Balance at end of period	$	12,571		$	11,072		$	11,141