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Leases - (Tables)
12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Rent Expense and Supplemental Disclosure The components of rent expense for operating leases, excluding certain occupancy costs such as
maintenance and utilities, primarily recorded in SG&A expenses in the consolidated statements of comprehensive
income were as follows:
Years Ended March 31,
2026
2025
2024
Operating
$88,921
$68,020
$64,006
Variable
48,396
39,284
40,615
Short-term
9,907
9,912
6,931
Total
$147,224
$117,216
$111,552
Supplemental Disclosure. Key estimates and judgments related to operating lease assets and lease liabilities that
are outstanding and presented in the consolidated balance sheets are as follows:
As of March 31,
2026
2025
Weighted-average remaining lease term in years
5.8
5.5
Weighted-average discount rate
4.9%
4.5%
Supplemental non-cash information for amounts presented in the consolidated statements of cash flows related to
operating leases, were as follows (1):
Years Ended March 31,
2026
2025
2024
Operating lease assets obtained in exchange for lease liabilities
$174,848
$70,179
$78,255
Reductions to operating lease assets for reductions to lease
liabilities
(2,778)
(2,096)
(8,418)
(1) Amounts disclosed include non-cash additions or reductions resulting from lease remeasurements, as well as reductions for
tenant improvement allowances. Non-cash additions during fiscal year 2026 primarily relate to investments in the Company’s
global retail store footprint made in the ordinary course of business.
Schedule of Maturities of Undiscounted Operating Lease Liabilities Maturities of undiscounted operating lease payments remaining as of March 31, 2026,
with a reconciliation to the present value of operating lease liabilities recorded in the consolidated balance sheets,
are as follows:
Years Ending March 31,
Amount
2027
$95,325
2028
86,252
2029
67,082
2030
53,029
2031
37,522
Thereafter
97,346
Total undiscounted operating lease payments
436,556
Less: Imputed interest
(61,362)
Total
$375,194