GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Dec. 31, 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 nine months ended December 31, 2024 as follows (in thousands):

Balance at March 31, 2024	$	1,502,820
Goodwill impairment	(426,967)
Foreign currency translation impact	3,258
Balance at December 31, 2024	$	1,079,111

Schedule of Intangible Assets

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

	Cost		Accumulated Amortization		Net
Developed technology	$	247,348	$	(240,425)	$	6,923
Customer relationships	760,250		(506,283)		253,967
Distributor relationships and technology licenses	5,043		(3,883)		1,160
Definite-lived trademark and trade name	57,537		(49,731)		7,806
Core technology	7,192		(7,192)		—
Capitalized software	3,317		(3,317)		—
Other	1,208		(1,037)		171
	$	1,081,895	$	(811,868)	$	270,027

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 and nine months ended December 31, 2024 and 2023, respectively (in thousands):

	Three Months Ended				Nine Months Ended
	December 31,				December 31,
	2024		2023		2024		2023
Amortization of intangible assets included as:
Cost of product revenue	$	1,098	$	1,907	$	3,437	$	5,733
Operating expense	11,606		12,538		34,872		37,805
	$	12,704	$	14,445	$	38,309	$	43,538

Schedule of Expected Future Amortization Expense

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

2025 (remaining three months)	$	12,624
2026	46,561
2027	43,689
2028	40,737
2029	31,349
Thereafter	95,067
	$	270,027