REVENUE RECOGNITION (Tables)

9 Months Ended

Dec. 31, 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)	63,580		(266,277)
Actual returns	(47,842)		216,359
Balance, December 31, 2024	$	29,604	$	(105,245)

	Recovery Asset		Refund Liability
Balance, March 31, 2023	$	15,685	$	(45,322)
Net additions to sales return liability (1)	52,700		(221,702)
Actual returns	(43,081)		180,736
Balance, December 31, 2023	$	25,304	$	(86,288)

(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:

	Nine Months Ended December 31,
	2024		2023
Beginning balance	$	(17,586)	$	(13,144)
Redemptions and expirations for loyalty certificates and points recognized in net sales	45,884		35,518
Deferred revenue for loyalty points and certificates issued	(56,363)		(45,002)
Ending balance	$	(28,065)	$	(22,628)

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

	Nine Months Ended December 31,
	2024		2023
Beginning balance	$	(9,591)	$	(13,448)
Additions of customer cash payments	(69,422)		(53,615)
Revenue recognized	60,217		45,739
Ending balance	$	(18,796)	$	(21,324)