v3.26.3
Revenue Recognition
 6 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Revenue Disaggregation - The Company disaggregates Stormwater net sales by Domestic and International and further disaggregates Domestic by product type. This disaggregation level best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. The following table presents
net sales (including intersegment net sales) disaggregated by product type for the Company’s Stormwater and Wastewater segments.
Three Months Ended September 30,Six Months Ended September 30,
(Amounts in thousands)2026202520262025
Stormwater
Domestic - Pipe$390,309 $422,384 $848,397 $846,990 
Domestic - Allied Products276,511 198,970 579,898 386,476 
International56,277 58,657 115,744 107,148 
Total Stormwater723,097 680,011 1,544,039 1,340,614 
Wastewater197,575 196,368 406,495 391,330 
Intersegment Eliminations(31,266)(25,998)(60,016)(51,683)
Consolidated Net Sales$889,406 $850,381 $1,890,518 $1,680,261 
Contract Balances - The Company recognizes a contract asset representing the Company’s right to recover products upon the receipt of returned products and a contract liability for the customer refund. The following table presents the balance of the Company’s contract asset and liability as of the periods presented:
(Amounts in thousands)September 30, 2026March 31, 2026
Contract asset - product returns$2,120 $1,383 
Refund liability6,736 4,112