XML 103 R86.htm IDEA: XBRL DOCUMENT v3.19.1
INCOME TAXES - CURRENT INCOME TAX (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Components of (loss) income before income taxes      
Domestic $ 134,265 $ 136,239 $ 86,050
Foreign 98,520 386 (9,085)
Income before income taxes 232,785 136,625 76,965
Current:      
U.S. federal 8,240 (7,327) 19,271
U.S. state and local 2,857 (1,266) 2,521
Foreign 22,274 4,208 (13,012)
Total current income taxes 33,371 (4,385) 8,780
Deferred:      
U.S. federal (128,317) (13,530) 969
U.S. state and local (9,157) 195 2,395
Foreign 3,051 (19,188) (2,482)
Total deferred income taxes (134,423) (32,523) 882
(Benefit from) Provision for income taxes $ (101,052) $ (36,908) $ 9,662
Reconciliation of effective tax rate to the U.S. statutory federal income tax rate      
U.S. federal statutory rate 21.00% 31.60% 35.00%
State and local taxes, net of U.S. federal benefit 2.90% 0.50% 4.90%
Foreign tax rate differential(1) (9.00%) (6.90%) (1.40%)
Foreign earnings 5.10% 1.20% 5.50%
Tax credits(2) (15.00%) (16.50%) (45.80%)
Excess tax benefits from stock-based compensation(3) (5.70%) (38.90%) 0.00%
One-time transition tax(4) (2.00%) 19.50% 0.00%
Domestic production deduction 0.00% (2.80%) (2.50%)
Valuation allowance—domestic(5) (46.00%) (0.50%) 10.10%
Valuation allowance—foreign 0.00% (2.50%) 0.10%
Change in reserves 1.30% (11.00%) 2.90%
Other(6) 4.00% (0.70%) 3.70%
Effective tax rate (43.40%) (27.00%) 12.50%