v3.25.2
Revenue from Contracts with Customers (Tables)
 3 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables summarize the Company's revenue from contracts with its customers disaggregated by segment and product type for the three months ended June 30, 2025 and 2024:

Three Months Ended June 30,
20252024
DigitalPrint (1)TotalDigitalPrint (1)Total
Revenue by Segment:
K-12$108,597 $162,334 $270,931 $99,618 $175,209 $274,827 
Higher Education168,826 13,553 182,379 153,955 5,891 159,846 
Global Professional25,272 9,887 35,159 25,093 10,194 35,287 
International22,353 29,111 51,464 24,559 33,752 58,311 
Other (2)— (4,223)(4,223)— (5,317)(5,317)
Total Revenue $325,048 $210,662 $535,710 $303,225 $219,729 $522,954 
___________________
(1)
Print revenue contains print and multi-year print products.
(2)
Includes in-transit product sales and intersegment revenue adjustments that are not included within segment revenues reviewed by the Company's CODM.
Three Months Ended June 30,
20252024

Re-occurring
Revenue		Transactional
Revenue		TotalRe-occurring
Revenue		Transactional
Revenue		Total
K-12
$183,641 $87,290 $270,931 $166,819 $108,008 $274,827 
Higher Education
159,552 22,827 182,379 149,454 10,392 159,846 
Global Professional
23,657 11,502 35,159 22,773 12,514 35,287 
International
20,764 30,700 51,464 22,752 35,559 58,311 
Other
— (4,223)(4,223)— (5,317)(5,317)
Total Revenue
$387,614 $148,096 $535,710 $361,798 $161,156 $522,954 
Schedule of Deferred Commission Costs and Deferred Royalties
Deferred commission costs consisted of the following:

June 30, 2025March 31, 2025
Current$17,173 $22,449 
Non-current22,894 18,794 
Total Deferred Commission Costs $40,067 $41,243 
Deferred royalties consisted of the following:

June 30, 2025March 31, 2025
Current$65,424 $76,186 
Non-current59,221 61,495 
Total Deferred Royalties $124,645 $137,681 
Schedule of Contract Assets and Liabilities
Contract assets and contract liabilities consisted of the following:

June 30, 2025March 31, 2025
Contract assets$48,372 $29,032 
Contract liabilities (deferred revenue):
Current737,620 794,031 
Non-current912,559 882,156 
Total Contract Liabilities $1,650,179 $1,676,187 

Total contract liabilities by segment consisted of the following:

June 30, 2025March 31, 2025
Total Contract Liabilities by Segment:
K-12$1,327,044 $1,279,585 
Higher Education221,730 297,316 
Global Professional64,376 62,348 
International29,275 33,407 
Other (1)
7,754 3,531 
Total Contract Liabilities
$1,650,179 $1,676,187 
_______________
(1)Includes contract liabilities for in-transit product sales that are not included in segment contract liabilities.
Schedule of Estimated Revenue to be Recognized
Estimated revenue expected to be recognized in future fiscal years ended March 31, related to amounts included within deferred revenue as of June 30, 2025 was as follows:
June 30, 2025
2026 (remaining nine months)
$574,360 
2027425,460 
2028297,335 
2029185,013 
203094,014 
Thereafter73,997 
$1,650,179