XML 48 R37.htm IDEA: XBRL DOCUMENT v3.22.2.2
FINANCING RECEIVABLES AND OPERATING LEASES (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Mar. 31, 2022
Mar. 31, 2021
Profit Recognized for Sales-type Leases [Abstract]            
Net sales $ 4,506 $ 5,962 $ 9,489 $ 9,779    
Cost of sales 3,769 4,926 7,836 8,291    
Gross profit 737 1,036 1,653 1,488    
Interest Income on Sales-type Leases [Abstract]            
Interest income on sales-type leases 819 1,000 1,680 2,290    
Lease income on operating leases 4,659 6,634 9,241 11,844    
Financing Receivables [Abstract]            
Unguaranteed residual value 4,830   4,830   $ 6,424  
Allowance for credit losses (5,466) (4,475) (5,466) (4,475) (3,800) $ (4,447)
Reported as [Abstract]            
Current 65,010   65,010   61,492  
Unguaranteed residual value for sales-type leases 4,830   4,830   6,424  
Investment in operating lease equipment - net [Abstract]            
Cost of equipment under operating leases 14,121   14,121   13,044  
Accumulated depreciation (9,752)   (9,752)   (7,985)  
Investment in operating lease equipment - net [1] 4,369   4,369   5,059  
Unguaranteed residual value of operating lease equipment net 1,800   1,800   1,700  
Collateral for non-recourse notes payable - Finance receivables 20,200   20,200   21,100  
Operating leases 1,700   1,700   2,000  
Gain on sale of financing receivables 8,100 10,100 9,900 13,300    
Proceeds from sale of financing receivables 376,400 615,000 428,900 690,300    
Contract liabilities - servicing of financial assets 500   500   500  
Notes Receivables [Member]            
Financing Receivables [Abstract]            
Gross receivables 89,717   89,717   80,517  
Unguaranteed residual value 0 [2]   0 [2]   0 [3]  
Unearned income (5,795)   (5,795)   (2,728)  
Allowance for credit losses (976) [4] (1,687) (976) [4] (1,687) (708) [4] (1,212)
Total, net 82,946   82,946   77,081  
Reported as [Abstract]            
Current 45,443   45,443   45,415  
Long-term 37,503   37,503   31,666  
Total, net 82,946   82,946   77,081  
Lease Receivables [Member]            
Financing Receivables [Abstract]            
Gross receivables 50,714   50,714   38,788  
Unguaranteed residual value 8,385 [2]   8,385 [2]   9,141 [3]  
Unearned income (5,104)   (5,104)   (3,604)  
Allowance for credit losses (1,207) [4] $ (672) (1,207) [4] $ (672) (681) [4] $ (1,171)
Total, net 52,788   52,788   43,644  
Reported as [Abstract]            
Current 19,567   19,567   16,077  
Long-term 33,221   33,221   27,567  
Total, net 52,788   52,788   43,644  
Financing Receivables [Member]            
Financing Receivables [Abstract]            
Gross receivables 140,431   140,431   119,305  
Unguaranteed residual value 8,385 [2]   8,385 [2]   9,141 [3]  
Unearned income (10,899)   (10,899)   (6,332)  
Allowance for credit losses [4] (2,183)   (2,183)   (1,389)  
Total, net 135,734   135,734   120,725  
Reported as [Abstract]            
Current 65,010   65,010   61,492  
Long-term 70,724   70,724   59,233  
Total, net $ 135,734   $ 135,734   $ 120,725  
[1] Amounts include estimated unguaranteed residual values of $1.8 million and $1.7 million as of September 30, 2022, and March 31, 2022, respectively.
[2] Includes unguaranteed residual values of $4,830 thousand that we retained after selling the related lease receivable.
[3] Includes unguaranteed residual values of $6,424 thousand that we retained after selling the related lease receivable.
[4] Refer to Note 7, “Allowance for Credit Losses” for details.