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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Mar. 31, 2024
ASSETS    
Cash and cash equivalents $ 1,225,681 $ 1,502,051
Trade accounts receivable, net of allowances ($49,416 and $27,331 as of September 30, 2024, and March 31, 2024, respectively) 537,137 296,565
Inventories 777,891 474,311
Prepaid expenses 46,548 34,284
Other current assets 80,216 92,713
Income tax receivable 33,821 43,559
Total current assets 2,701,294 2,443,483
Property and equipment, net of accumulated depreciation ($378,588 and $349,138 as of September 30, 2024, and March 31, 2024, respectively) (Note 11) 319,580 302,122
Operating lease assets 217,401 225,669
Goodwill 13,990 13,990
Other intangible assets, net of accumulated amortization ($25,152 and $91,314 as of September 30, 2024, and March 31, 2024, respectively) 15,906 27,083
Deferred tax assets, net 73,322 72,584
Other assets 56,643 50,648
Total assets 3,398,136 3,135,579
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 536,581 378,503
Accrued payroll 60,091 123,653
Operating lease liabilities 48,662 53,581
Other accrued expenses 138,768 106,785
Income tax payable 75,920 52,338
Value added tax payable 15,618 5,133
Total current liabilities 875,640 719,993
Long-term operating lease liabilities 209,961 213,298
Income tax liability 37,662 52,470
Other long-term liabilities 51,634 42,350
Total long-term liabilities 299,257 308,118
Commitments and contingencies (Note 5)
Stockholders’ equity    
Common stock (par value $0.01 per share; 750,000 shares authorized; shares issued and outstanding of 152,008 and 153,554 as of September 30, 2024, and March 31, 2024, respectively) 1,520 1,536
Additional paid-in capital 252,212 243,050
Retained earnings 2,013,265 1,913,615
Accumulated other comprehensive loss (Note 8) (43,758) (50,733)
Total stockholders’ equity 2,223,239 2,107,468
Total liabilities and stockholders’ equity $ 3,398,136 $ 3,135,579