REVENUE RECOGNITION (Tables)

6 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Activity Related to Estimated Sales Returns, Loyalty Program Activity and Deferred Revenue

The following tables summarize changes in the estimated sales returns for the periods presented:

	Recovery Asset		Refund Liability
Balance, March 31, 2024	$	13,866	$	(55,327)
Net additions to sales return liability (1)	32,846		(123,196)
Actual returns	(26,056)		114,513
Balance, September 30, 2024	$	20,656	$	(64,010)

	Recovery Asset		Refund Liability
Balance, March 31, 2023	$	15,685	$	(45,322)
Net additions to sales return liability (1)	24,298		(106,824)
Actual returns	(24,192)		97,969
Balance, September 30, 2023	$	15,791	$	(54,177)

(1) Net additions to the sales return liability include a provision for anticipated sales returns, which consists of both contractual return rights and discretionary authorized returns.

Loyalty Programs. Activity related to loyalty programs was as follows:

	Six Months Ended September 30,
	2024		2023
Beginning balance	$	(17,586)	$	(13,144)
Redemptions and expirations for loyalty certificates and points recognized in net sales	11,103		10,022
Deferred revenue for loyalty points and certificates issued	(13,536)		(11,269)
Ending balance	$	(20,019)	$	(14,391)

Deferred Revenue. Activity related to deferred revenue was as follows:

	Six Months Ended September 30,
	2024		2023
Beginning balance	$	(9,591)	$	(13,448)
Additions of customer cash payments	(50,829)		(33,089)
Revenue recognized	36,332		30,032
Ending balance	$	(24,088)	$	(16,505)