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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
ASSETS    
Cash and cash equivalents $ 2,240,923 $ 1,502,051
Trade accounts receivable, net of allowances ($41,837 and $27,331 as of December 31, 2024, and March 31, 2024, respectively) 303,079 296,565
Inventories 576,669 474,311
Prepaid expenses 47,005 34,284
Other current assets 79,242 92,713
Income tax receivable 27,194 43,559
Total current assets 3,274,112 2,443,483
Property and equipment, net of accumulated depreciation ($391,945 and $349,138 as of December 31, 2024, and March 31, 2024, respectively) (Note 11) 323,413 302,122
Operating lease assets 218,876 225,669
Goodwill 13,990 13,990
Other intangible assets, net of accumulated amortization ($24,417 and $91,314 as of December 31, 2024, and March 31, 2024, respectively) 15,798 27,083
Deferred tax assets, net 65,377 72,584
Other assets 52,787 50,648
Total assets 3,964,353 3,135,579
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade accounts payable 586,371 378,503
Accrued payroll 97,336 123,653
Operating lease liabilities 46,014 53,581
Other accrued expenses 192,276 106,785
Income tax payable 99,119 52,338
Value added tax payable 11,766 5,133
Total current liabilities 1,032,882 719,993
Long-term operating lease liabilities 211,015 213,298
Income tax liability 37,499 52,470
Other long-term liabilities 52,038 42,350
Total long-term liabilities 300,552 308,118
Commitments and contingencies (Note 5)
Stockholders’ equity    
Common stock (par value $0.01 per share; 750,000 shares authorized; shares issued and outstanding of 151,770 and 153,554 as of December 31, 2024, and March 31, 2024, respectively) 1,518 1,536
Additional paid-in capital 259,947 243,050
Retained earnings 2,424,898 1,913,615
Accumulated other comprehensive loss (Note 8) (55,444) (50,733)
Total stockholders’ equity 2,630,919 2,107,468
Total liabilities and stockholders’ equity $ 3,964,353 $ 3,135,579