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REVENUE RECOGNITION (Tables)
12 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Net Sales by Channel
Net sales by channel was as follows:
 Years Ended March 31,
202520242023
Wholesale
$2,855,865 $2,432,307 $2,160,675 
Direct-to-Consumer
2,129,747 1,855,456 1,466,611 
Total$4,985,612 $4,287,763 $3,627,286 
Schedule of Activity Related to Estimated Sales Returns and Loyalty Program Activity
The following table summarizes changes in the estimated sales returns for the periods presented:

Sales Return Asset
Sales Return Liability
Balance, March 31, 2023$15,685 $(45,322)
Net additions to sales return liability (1)
60,789 (276,086)
Actual returns(62,608)266,081 
Balance, March 31, 2024 (2)
13,866 (55,327)
Net additions to sales return liability (1)
74,150 (306,968)
Actual returns(66,896)298,833 
Balance, March 31, 2025 (2)
$21,120 $(63,462)

(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.
(2) As of March 31, 2025, and 2024, the sales return liability includes $47,216 and $37,458, respectively, for the wholesale channel and $16,246 and $17,869, respectively, for the DTC channel.
Activity related to loyalty programs was as follows:
Years Ended March 31,
20252024
Beginning balance
$(17,586)$(13,144)
Redemptions and expirations for loyalty certificates and points recognized in net sales68,080 52,884 
Deferred revenue for loyalty points and certificates issued(69,060)(57,326)
Ending balance
$(18,566)$(17,586)
Activity related to deferred revenue was as follows:
Years Ended March 31,
20252024
Beginning balance$(9,591)$(13,448)
Additions of customer cash payments(80,732)(61,844)
Revenue recognized63,018 65,701 
Ending balance$(27,305)$(9,591)