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DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS (Tables)

9 Months Ended

Dec. 31, 2019

Balance Sheet Related Disclosures [Abstract]

Accounts receivable, net:



	December 31,			March 31,
(in thousands)	2019			2019
Accounts receivable	$	345,516		$	393,415
Provisions for promotions, rebates, and other	(96,363		)	(50,789		)
Provisions for doubtful accounts and sales allowances	(2,835		)	(4,956		)
Accounts receivable, net	$	246,318		$	337,671

Inventory, net

Inventory, net:



	December 31,		March 31,
(in thousands)	2019		2019
Raw materials	$	112,635	$	34,054
Work in process	610		274
Finished goods	101,793		142,818
Inventory, net	$	215,038	$	177,146

Accrued liabilities

Accrued Liabilities:



	December 31,		March 31,
(in thousands)	2019		2019
Short term deferred revenue	$	139,825	$	133,200
Employee compensation and benefits	57,314		68,882
Operating lease liabilities, current	21,074		—
Income tax payable	17,465		5,692
Provision for returns	18,336		24,632
Marketing incentives liabilities	10,059		25,369
Discounts reserve	—		46,894
Accrued interest	7,711		10,425
Warranty obligation	12,982		15,736
VAT/Sales tax payable	6,818		11,804
Derivative liabilities	8,995		3,275
Accrued other	62,815		52,806
Accrued liabilities	$	363,394	$	398,715

Changes in the warranty obligation

Changes in the warranty obligation during the nine months ended December 31, 2019 and 2018 were as follows:



	Nine Months Ended December 31,
(in thousands)	2019			2018
Warranty obligation at beginning of period	$	17,984		$	9,604
Polycom warranty obligation⁽¹⁾	—			9,095
Warranty provision related to products shipped	14,235			13,533
Deductions for warranty claims processed	(16,015		)	(14,930		)
Adjustments related to preexisting warranties	(590		)	(274		)
Warranty obligation at end of period⁽¹⁾	$	15,614		$	17,028

(1) Includes both short-term and long-term portion of warranty obligation; the prior table shows only the short-term portion included in accrued liabilities on the Company's condensed consolidated balance sheet. The long-term portion is included in other long-term liabilities.