XML 46 R30.htm IDEA: XBRL DOCUMENT v3.22.1
REVENUE (Tables)
12 Months Ended
Mar. 31, 2022
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

The following table provides detail of Orion’s total revenues for the year ended March 31, 2022 (dollars in thousands):

 

 

 

Year Ended March 31, 2022

 

 

Year Ended March 31, 2021

 

 

Year Ended March 31, 2020

 

 

 

Product

 

 

Services

 

 

Total

 

 

Product

 

 

Services

 

 

Total

 

 

Product

 

 

Services

 

 

Total

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lighting revenues, by end user

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal government

 

$

920

 

 

$

1,370

 

 

$

2,290

 

 

$

696

 

 

$

965

 

 

$

1,661

 

 

$

922

 

 

$

379

 

 

$

1,301

 

Commercial and industrial

 

 

89,480

 

 

 

31,124

 

 

 

120,604

 

 

 

83,963

 

 

 

28,211

 

 

 

112,174

 

 

 

110,742

 

 

 

37,110

 

 

 

147,852

 

Total lighting

 

 

90,400

 

 

 

32,494

 

 

 

122,894

 

 

 

84,659

 

 

 

29,176

 

 

 

113,835

 

 

 

111,664

 

 

 

37,489

 

 

 

149,153

 

Solar energy related revenues

 

 

42

 

 

 

 

 

 

42

 

 

 

57

 

 

 

 

 

 

57

 

 

 

56

 

 

 

 

 

 

56

 

Total revenues from contracts with customers

 

 

90,442

 

 

 

32,494

 

 

 

122,936

 

 

 

84,716

 

 

 

29,176

 

 

 

113,892

 

 

 

111,720

 

 

 

37,489

 

 

 

149,209

 

Revenue accounted for under other guidance

 

 

1,447

 

 

 

 

 

 

1,447

 

 

 

2,948

 

 

 

 

 

 

2,948

 

 

 

1,632

 

 

 

 

 

 

1,632

 

Total revenue

 

$

91,889

 

 

$

32,494

 

 

$

124,383

 

 

$

87,664

 

 

$

29,176

 

 

$

116,840

 

 

$

113,352

 

 

$

37,489

 

 

$

150,841

 

 

Summary of Contract Assets and Liabilities

The following chart shows the balance of Orion’s receivables arising from contracts with customers, contract assets and contract liabilities as of March 31, 2022, and March 31, 2021 (dollars in thousands):

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Accounts receivable, net

 

$

11,899

 

 

$

13,572

 

Contract assets

 

$

1,966

 

 

$

2,367

 

Contract liabilities

 

$

 

 

$

11