Note 7 — Balance Sheet Components

The following provides the components of certain balance sheet asset amounts as of March 31, 2011 and 2010 (in thousands):


	March 31,
	2011			2010
Accounts receivable:
Accounts receivable	$	435,331		$	349,722
Allowance for doubtful accounts		(4,086	)		(5,870	)
Allowance for returns		(29,666	)		(23,657	)
Cooperative marketing arrangements		(28,669	)		(17,527	)
Customer incentive programs		(52,358	)		(44,306	)
Pricing programs		(62,258	)		(63,115	)

	$	258,294		$	195,247

Inventories:
Raw materials	$	37,126		$	31,630
Work-in-process		3			86
Finished goods		243,685			187,877

	$	280,814		$	219,593

Other current assets:
Tax and VAT refund receivables	$	17,810		$	20,305
Deferred taxes		27,018			27,064
Prepaid expenses and other		14,519			11,508

	$	59,347		$	58,877

Property, plant and equipment:
Plant, buildings and improvements	$	52,681		$	58,629
Equipment		137,248			112,454
Computer equipment		60,344			53,576
Computer software		85,338			78,156

		335,611			302,815
Less: accumulated depreciation		(260,283	)		(224,485	)

		75,328			78,330
Construction-in-progress		5,974			9,751
Land		2,858			3,148

	$	84,160		$	91,229

Other assets:
Deferred taxes	$	55,897		$	45,257
Trading investments		13,113			—
Cash surrender value of life insurance contracts		—			11,097
Deposits and other		10,200			9,576

	$	79,210		$	65,930

The following provides the components of certain balance sheet liability amounts as of March 31, 2011 and 2010 (in thousands):


	March 31,
	2011		2010
Accrued liabilities:
Accrued personnel expenses	$	50,552	$	51,378
Accrued marketing expenses		32,599		28,052
Deferred revenue		15,859		16,683
Accrued freight and duty		12,497		12,696
Accrued royalties		5,144		4,402
Warranty accrual		4,970		3,002
Non-retirement post-employment benefit obligations		3,563		2,761
Income taxes payable — current		2,569		8,875
Accrued restructuring		—		399
Other accrued liabilities		44,807		54,088

	$	172,560	$	182,336

Long-term liabilities:
Income taxes payable — non-current	$	131,968	$	116,456
Obligation for management deferred compensation		13,076		10,307
Defined benefit pension plan liability		26,645		19,343
Other long-term liabilities		14,146		13,566

	$	185,835	$	159,672

The following table presents the changes in the allowance for doubtful accounts during fiscal years ended March 31, 2011, 2010 and 2009 (in thousands):


	March 31,
	2011			2010			2009
Allowance for doubtful accounts, beginning balance	$	5,870		$	6,705		$	2,497
Bad debt expense		663			(72	)		5,102
Write-offs net of recoveries		(2,447	)		(763	)		(894	)

Allowance for doubtful accounts, ending balance	$	4,086		$	5,870		$	6,705