Accounts Receivable - Net

3 Months Ended

Jun. 30, 2026

Accounts Receivable - Net [Abstract]

3. Accounts Receivable — Net

The Company has trade accounts receivable that result from the sale of goods and services. Accounts receivable — net includes offset accounts related to allowances for credit losses, customer payment discrepancies, and returned goods authorizations (“RGAs”) issued for in-transit unit returns. The Company uses accounts receivable discount programs with certain customers and their respective banks (see Note 10).

Accounts receivable — net is comprised of the following:


	June 30, 2026			March 31, 2026
Accounts receivable - net
Accounts receivable — trade	$	98,428,000		$	138,909,000
Allowance for credit losses		(355,000	)		(291,000	)
Customer payment discrepancies		(1,399,000	)		(1,632,000	)
Customer returns RGA issued		(25,312,000	)		(24,372,000	)
Total accounts receivable — net	$	71,362,000		$	112,614,000