v3.26.1
Significant Customer and Other Information
3 Months Ended
Jun. 30, 2026
Significant Customer and Other Information [Abstract]  
Significant Customer and Other Information
6. Significant Customer and Other Information
 
Significant Customer Concentrations
 
The largest customers accounted for the following percentage of consolidated net sales:
 
           
 
Three Months Ended
June 30,
 
    2026     2025  
Net sales
         
Customer A
  37%   39%
Customer C
  28%   22%
Customer B
  18%   24%
 
Revenues for these customers were derived from the Hard Parts segment and Test Solutions and Diagnostic Equipment segment. See Note 18 for a discussion of the Company’s segments.
 
The largest customers accounted for the following percentage of accounts receivable – trade:
 
         
    June 30, 2026     March 31, 2026  
Accounts receivable - trade
         
Customer A
  49%   52%
Customer B
  15%   12%
Customer C
  7%   18%
Geographic and Product Information
 
The Company’s products are sold predominantly in North America and accounted for the following percentages of consolidated net sales:
 
           
 
Three Months Ended
June 30,
 
    2026     2025  
Product line
         
Rotating electrical products
  58%   66%
Brake-related products
  38%   29%
Other products
  4%   5%
    100%   100%
 
Significant Supplier Concentrations
 
For the three months ended June 30, 2026, one supplier provided approximately 10% of the raw materials purchased. The Company had no suppliers that accounted for more than 10% of inventory purchases for the three months ended June 30, 2025.