recorded in the consolidated balance sheets, as it expects to fulfill these commitments in the normal course of


	Payments Due by Period
	Less than 1 Year	1-3 Years	3-5 Years	Total
Purchase obligations for product (1)	$980,776	$—	$—	$980,776
Purchase obligations for commodities (2)	84,702	26,278	—	110,980
Other purchase obligations (3)	118,326	159,836	4,347	282,509
Total	$1,183,804	$186,114	$4,347	$1,374,265

(1) Purchase obligations for product consist primarily of open purchase orders issued to independent manufacturers in the ordinary

course of business and reflect the Company’s estimate of future payment commitments based on information currently

available. These obligations may be cancelled in limited situations and such cancellations are infrequent.

(2) Purchase obligations for commodities represent remaining commitments under existing supply agreements, which are subject

to minimum volume commitments (collectively, commodity contracts). The Company currently enters into fixed purchasing

contracts with designated suppliers of sheepskin and sugarcane-derived (EVA). The Company expects purchases under

commodity contracts in the ordinary course of business will eventually exceed the minimum commitment levels. The reported

amount generally reflects remaining minimum commitments expected to be consumed in future periods in the ordinary course

of business, and any remaining deposits expected to become fully refundable or to be reflected as a credit against future

purchases which are recorded in other assets in the consolidated balance sheets. As of March 31, 2026, and 2025, the

Company had no outstanding deposits on supply agreements, and no refunds were received during the year ended March 31,

2026, as a result of such agreements. During the year ended March 31, 2025, the Company received a $16,243 refund for

outstanding deposits on supply agreements related to year ended March 31, 2024. Subsequent to March 31, 2026, through

May 1, 2026, the Company entered into additional commodity contracts for an aggregate minimum volume commitment of

(3) Other purchase obligations consist of non-cancellable fixed and estimated variable minimum commitments for information

technology (IT) services, 3PL service fees and other supply chain services, promotional expenses, and other commitments