v3.26.1
REVENUES (Tables)
 12 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Net Revenues By Product Category and Distribution Channels
The following tables summarize the Company's net revenues, disaggregated by product category and distribution channels:
 Year Ended March 31,
202620252024
Net revenues by product category:
Apparel$3,395,053 $3,451,414 $3,789,016 
Footwear1,076,383 1,206,202 1,383,610 
Accessories414,466 410,860 405,715 
Net Sales4,885,902 5,068,476 5,578,341 
License revenues107,353 94,590 111,241 
Corporate Other(26,885)1,244 12,297 
    Total net revenues$4,966,370 $5,164,310 $5,701,879 

Net revenues by distribution channel:
Wholesale$2,831,787 $2,978,869 $3,243,187 
Direct-to-consumer2,054,115 2,089,607 2,335,154 
Net Sales4,885,902 5,068,476 5,578,341 
License revenues107,353 94,590 111,241 
Corporate Other(26,885)1,244 12,297 
    Total net revenues$4,966,370 $5,164,310 $5,701,879 
Schedule of Customer Refund Liability and Inventory Associated with the Reserves The following table presents the customer refund liability, as well as the associated value of inventory for the periods indicated:
March 31, 2026March 31, 2025
Customer refund liability$126,097 $146,021 
Inventory associated with reserves for sales returns$28,537 $33,609 
Schedule of Change in Contract Liabilities
The following table summarizes the change in the contract liabilities balance during the periods presented, which primarily results from the timing differences between the Company's satisfaction of performance obligations and the customer's payment.
Total Contract Liabilities
Balance as of March 31, 2024$26,322 
Revenues deferred69,176 
Revenues recognized (1)(3)
(58,971)
Foreign exchange and other(2,185)
Balance as of March 31, 2025$34,342 
Revenues deferred77,450 
Revenues recognized (2)(3)
(82,114)
Foreign exchange and other(930)
Balance as of March 31, 2026$28,748 
(1) Includes approximately $8.3 million of revenue from gift cards, including breakage, and subscription revenues that were previously included in contract liabilities as of March 31, 2024.
(2) Includes approximately $13.4 million of revenue from gift cards, including breakage, that were previously included in contract liabilities as of March 31, 2025.
(3) Loyalty points are not separately identifiable and therefore revenues recognized from the redemption of loyalty points consists of both points that were included in the liability balance at the beginning of the period and those that were issued during the period.