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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]      
Net sales $ 4,298,467 $ 4,538,818 $ 5,481,101
Cost of goods sold 2,509,418 2,806,438 3,204,072
Amortization of intangible assets 11,028 12,865 14,023
Gross profit 1,778,021 1,719,515 2,263,006
Operating expenses:      
Marketing and selling 730,310 809,182 1,025,899
Research and development 287,243 280,796 291,844
General and administrative 155,056 124,652 148,648
Amortization of intangible assets and acquisition-related costs 10,934 11,843 16,947
Impairment of intangible assets 3,526 0 7,000
Change in fair value of contingent consideration for business acquisition (250) 0 (3,509)
Restructuring charges, net 3,866 34,573 2,165
Total operating expenses 1,190,685 1,261,046 1,488,994
Operating income 587,336 458,469 774,012
Interest income 50,636 18,331 1,246
Other income (expense), net (16,376) (13,278) 560
Income before income taxes 621,596 463,522 775,818
Provision for income taxes 9,453 98,947 131,305
Net income $ 612,143 $ 364,575 $ 644,513
Net income per share:      
Basic (in dollars per share) $ 3.90 $ 2.25 $ 3.85
Diluted (in dollars per share) $ 3.87 $ 2.23 $ 3.78
Weighted average shares used to compute net income per share:      
Basic (in shares) 156,776 162,302 167,447
Diluted (in shares) 158,171 163,704 170,414