GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill for the three months ended June 30, 2024 as follows (in thousands):

Balance at March 31, 2024	$	1,502,820
Goodwill impairment	(426,967)
Foreign currency translation impact	862
Balance at June 30, 2024	$	1,076,715

Schedule of Intangible Assets

Intangible assets include the following amortizable intangible assets at June 30, 2024 (in thousands):

	Cost		Accumulated Amortization		Net
Developed technology	$	248,098	$	(239,182)	$	8,916
Customer relationships	762,921		(485,971)		276,950
Distributor relationships and technology licenses	7,768		(7,717)		51
Definite-lived trademark and trade name	57,654		(48,462)		9,192
Core technology	7,192		(7,192)		—
Capitalized software	3,317		(3,317)		—
Other	1,208		(1,027)		181
	$	1,088,158	$	(792,868)	$	295,290

Intangible assets include the following amortizable intangible assets at March 31, 2024 (in thousands):

	Cost		Accumulated Amortization		Net
Developed technology	$	248,385	$	(238,470)	$	9,915
Customer relationships	763,943		(475,592)		288,351
Distributor relationships and technology licenses	7,785		(7,463)		322
Definite-lived trademark and trade name	57,699		(47,814)		9,885
Core technology	7,192		(7,192)		—
Capitalized software	3,317		(3,317)		—
Other	1,208		(1,022)		186
	$	1,089,529	$	(780,870)	$	308,659

Schedule of Finite-lived Intangible Assets Amortization Expense

The following table provides a summary of amortization expense for the three months ended June 30, 2024 and 2023, respectively (in thousands):

	Three Months Ended
	June 30,
	2024		2023
Amortization of intangible assets included as:
Cost of product revenue	$	1,266	$	1,917
Operating expense	11,619		12,712
	$	12,885	$	14,629

Schedule of Expected Future Amortization Expense

The following is the expected future amortization expense at June 30, 2024 for the fiscal years ending March 31 (in thousands):

2025 (remaining nine months)	$	37,874
2026	46,394
2027	43,515
2028	40,559
2029	31,356
Thereafter	95,592
	$	295,290