| Contract Liabilities |
8. Contract Liabilities
Contract liabilities are comprised of the following:
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June 30, 2026
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March 31, 2026
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Short-term contract liabilities
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Customer allowances earned
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| $ | 21,645,000 | |
| $ | 19,616,000 | |
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Customer core returns accruals
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| | 19,039,000 | |
| | 18,394,000 | |
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Accrued core payment
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| | 3,673,000 | |
| | 10,121,000 | |
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Customer deposits
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| | 2,823,000 | |
| | 2,185,000 | |
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Finished goods liabilities
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| | 390,000 | |
| | 837,000 | |
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Core bank liability
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| | - | |
| | 10,048,000 | |
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Total short-term contract liabilities
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| $ | 47,570,000 | |
| $ | 61,201,000 | |
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Long-term contract liabilities
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Customer core returns accruals
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| $ | 253,716,000 | |
| $ | 245,504,000 | |
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Accrued core payment
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| | 3,245,000 | |
| | 3,604,000 | |
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Total long-term contract liabilities
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| $ | 256,961,000 | |
| $ | 249,108,000 | |
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