0000910521 2025-04-01 2026-03-31 0000910521 2025-09-30 0000910521 2026-05-01 0000910521 2026-01-01 2026-03-31 0000910521 deck:StevenFaschingMember 2026-01-01 2026-03-31 0000910521 deck:StevenFaschingMember 2026-03-31 0000910521 deck:BonitaStewartMember 2026-01-01 2026-03-31 0000910521 deck:BonitaStewartMember 2026-03-31 0000910521 2026-03-31 0000910521 2025-03-31 0000910521 2024-04-01 2025-03-31 0000910521 2023-04-01 2024-03-31 0000910521 us-gaap:CommonStockMember 2023-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0000910521 us-gaap:RetainedEarningsMember 2023-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0000910521 2023-03-31 0000910521 us-gaap:CommonStockMember 2023-04-01 2024-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2024-03-31 0000910521 us-gaap:RetainedEarningsMember 2023-04-01 2024-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2024-03-31 0000910521 us-gaap:CommonStockMember 2024-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000910521 us-gaap:RetainedEarningsMember 2024-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000910521 2024-03-31 0000910521 us-gaap:CommonStockMember 2024-04-01 2025-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2025-03-31 0000910521 us-gaap:RetainedEarningsMember 2024-04-01 2025-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2025-03-31 0000910521 us-gaap:CommonStockMember 2025-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0000910521 us-gaap:RetainedEarningsMember 2025-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0000910521 us-gaap:CommonStockMember 2025-04-01 2026-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2025-04-01 2026-03-31 0000910521 us-gaap:RetainedEarningsMember 2025-04-01 2026-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-04-01 2026-03-31 0000910521 us-gaap:CommonStockMember 2026-03-31 0000910521 us-gaap:AdditionalPaidInCapitalMember 2026-03-31 0000910521 us-gaap:RetainedEarningsMember 2026-03-31 0000910521 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-03-31 0000910521 deck:ChinaAndOtherMember 2025-04-01 2026-03-31 0000910521 srt:MinimumMember deck:CloudComputingArrangementMember 2025-04-01 2026-03-31 0000910521 srt:MaximumMember deck:CloudComputingArrangementMember 2025-04-01 2026-03-31 0000910521 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2026-03-31 0000910521 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2025-03-31 0000910521 us-gaap:OtherNoncurrentAssetsMember 2026-03-31 0000910521 us-gaap:OtherNoncurrentAssetsMember 2025-03-31 0000910521 srt:MinimumMember 2026-03-31 0000910521 deck:HokaBrandSegmentMember 2026-03-31 0000910521 deck:HokaBrandSegmentMember 2025-03-31 0000910521 deck:UGGBrandSegmentMember 2025-03-31 0000910521 deck:UGGBrandSegmentMember 2026-03-31 0000910521 us-gaap:TrademarksMember 2026-03-31 0000910521 us-gaap:TrademarksMember 2025-03-31 0000910521 deck:UGGBrandAndHOKABrandSegmentsMember 2023-04-01 2024-03-31 0000910521 srt:MaximumMember 2025-04-01 2026-03-31 0000910521 srt:MinimumMember 2025-04-01 2026-03-31 0000910521 us-gaap:SalesChannelThroughIntermediaryMember 2025-04-01 2026-03-31 0000910521 us-gaap:SalesChannelThroughIntermediaryMember 2024-04-01 2025-03-31 0000910521 us-gaap:SalesChannelThroughIntermediaryMember 2023-04-01 2024-03-31 0000910521 us-gaap:SalesChannelDirectlyToConsumerMember 2025-04-01 2026-03-31 0000910521 us-gaap:SalesChannelDirectlyToConsumerMember 2024-04-01 2025-03-31 0000910521 us-gaap:SalesChannelDirectlyToConsumerMember 2023-04-01 2024-03-31 0000910521 country:US 2025-04-01 2026-03-31 0000910521 country:US 2024-04-01 2025-03-31 0000910521 country:US 2023-04-01 2024-03-31 0000910521 us-gaap:NonUsMember 2025-04-01 2026-03-31 0000910521 us-gaap:NonUsMember 2024-04-01 2025-03-31 0000910521 us-gaap:NonUsMember 2023-04-01 2024-03-31 0000910521 us-gaap:NonUsMember us-gaap:SalesRevenueNetMember deck:CurrencyConcentrationRiskMember 2025-04-01 2026-03-31 0000910521 us-gaap:NonUsMember us-gaap:SalesRevenueNetMember deck:CurrencyConcentrationRiskMember 2024-04-01 2025-03-31 0000910521 us-gaap:NonUsMember us-gaap:SalesRevenueNetMember deck:CurrencyConcentrationRiskMember 2023-04-01 2024-03-31 0000910521 deck:OneCustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2025-04-01 2026-03-31 0000910521 deck:OneCustomerMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2024-04-01 2025-03-31 0000910521 us-gaap:SalesChannelThroughIntermediaryMember 2026-03-31 0000910521 us-gaap:SalesChannelThroughIntermediaryMember 2025-03-31 0000910521 us-gaap:SalesChannelDirectlyToConsumerMember 2026-03-31 0000910521 us-gaap:SalesChannelDirectlyToConsumerMember 2025-03-31 0000910521 deck:LoyaltyProgramsMember 2025-03-31 0000910521 deck:LoyaltyProgramsMember 2024-03-31 0000910521 deck:LoyaltyProgramsMember 2025-04-01 2026-03-31 0000910521 deck:LoyaltyProgramsMember 2024-04-01 2025-03-31 0000910521 deck:LoyaltyProgramsMember 2026-03-31 0000910521 us-gaap:SalesChannelThroughIntermediaryMember 2024-03-31 0000910521 us-gaap:LandMember 2026-03-31 0000910521 us-gaap:LandMember 2025-03-31 0000910521 us-gaap:BuildingMember 2026-03-31 0000910521 us-gaap:BuildingMember 2025-03-31 0000910521 srt:MinimumMember us-gaap:MachineryAndEquipmentMember 2026-03-31 0000910521 srt:MaximumMember us-gaap:MachineryAndEquipmentMember 2026-03-31 0000910521 us-gaap:MachineryAndEquipmentMember 2026-03-31 0000910521 us-gaap:MachineryAndEquipmentMember 2025-03-31 0000910521 srt:MinimumMember us-gaap:FurnitureAndFixturesMember 2026-03-31 0000910521 srt:MaximumMember us-gaap:FurnitureAndFixturesMember 2026-03-31 0000910521 us-gaap:FurnitureAndFixturesMember 2026-03-31 0000910521 us-gaap:FurnitureAndFixturesMember 2025-03-31 0000910521 srt:MinimumMember us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2026-03-31 0000910521 srt:MaximumMember us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2026-03-31 0000910521 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2026-03-31 0000910521 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2025-03-31 0000910521 srt:MinimumMember us-gaap:LeaseholdImprovementsMember 2026-03-31 0000910521 srt:MaximumMember us-gaap:LeaseholdImprovementsMember 2026-03-31 0000910521 us-gaap:LeaseholdImprovementsMember 2026-03-31 0000910521 us-gaap:LeaseholdImprovementsMember 2025-03-31 0000910521 us-gaap:ConstructionInProgressMember 2026-03-31 0000910521 us-gaap:ConstructionInProgressMember 2025-03-31 0000910521 country:US 2026-03-31 0000910521 country:US 2025-03-31 0000910521 us-gaap:NonUsMember 2026-03-31 0000910521 us-gaap:NonUsMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel1Member 2026-03-31 0000910521 us-gaap:FairValueInputsLevel2Member 2026-03-31 0000910521 us-gaap:FairValueInputsLevel3Member 2026-03-31 0000910521 us-gaap:DesignatedAsHedgingInstrumentMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel1Member us-gaap:DesignatedAsHedgingInstrumentMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel3Member us-gaap:DesignatedAsHedgingInstrumentMember 2026-03-31 0000910521 us-gaap:NondesignatedMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel1Member us-gaap:NondesignatedMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel3Member us-gaap:NondesignatedMember 2026-03-31 0000910521 us-gaap:FairValueInputsLevel1Member 2025-03-31 0000910521 us-gaap:FairValueInputsLevel2Member 2025-03-31 0000910521 us-gaap:FairValueInputsLevel3Member 2025-03-31 0000910521 us-gaap:DesignatedAsHedgingInstrumentMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel1Member us-gaap:DesignatedAsHedgingInstrumentMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel2Member us-gaap:DesignatedAsHedgingInstrumentMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel3Member us-gaap:DesignatedAsHedgingInstrumentMember 2025-03-31 0000910521 us-gaap:NondesignatedMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel1Member us-gaap:NondesignatedMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel2Member us-gaap:NondesignatedMember 2025-03-31 0000910521 us-gaap:FairValueInputsLevel3Member us-gaap:NondesignatedMember 2025-03-31 0000910521 us-gaap:DomesticCountryMember 2025-04-01 2026-03-31 0000910521 us-gaap:ForeignCountryMember 2025-04-01 2026-03-31 0000910521 country:CN 2025-04-01 2026-03-31 0000910521 us-gaap:ForeignTaxJurisdictionOtherMember 2025-04-01 2026-03-31 0000910521 deck:AccruedIncomeTaxesCurrentMember 2026-03-31 0000910521 deck:AccruedIncomeTaxesCurrentMember 2025-03-31 0000910521 deck:AccruedIncomeTaxesNoncurrentMember 2026-03-31 0000910521 deck:AccruedIncomeTaxesNoncurrentMember 2025-03-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2022-12-01 2022-12-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2022-12-31 0000910521 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2022-12-31 0000910521 srt:MaximumMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2022-12-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrMember 2022-12-01 2022-12-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:TotalNetLeverageRatioPerAnnumMember 2022-12-01 2022-12-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:AlternativeBaseRateABRMember 2022-12-01 2022-12-31 0000910521 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:SOFREURIBORSONIAOrCDORMember 2022-12-01 2022-12-31 0000910521 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:SOFREURIBORSONIAOrCDORMember 2022-12-01 2022-12-31 0000910521 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:AlternativeBaseRateABRMember 2022-12-01 2022-12-31 0000910521 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:AlternativeBaseRateABRMember 2022-12-01 2022-12-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrMember 2026-03-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember deck:AlternativeBaseRateABRMember 2026-03-31 0000910521 srt:MinimumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2025-04-01 2026-03-31 0000910521 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2025-04-01 2026-03-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2025-04-01 2026-03-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2026-03-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityMember us-gaap:LineOfCreditMember 2021-10-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityOverdraftSublimitMember us-gaap:LineOfCreditMember 2021-10-31 0000910521 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityMember us-gaap:LineOfCreditMember 2023-11-01 2023-11-30 0000910521 srt:MaximumMember us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityMember us-gaap:LineOfCreditMember 2021-10-01 2021-10-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityMember us-gaap:LineOfCreditMember 2021-10-01 2021-10-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityMember us-gaap:LineOfCreditMember 2026-03-31 0000910521 us-gaap:RevolvingCreditFacilityMember deck:SecondAmendedChinaCreditFacilityMember us-gaap:LineOfCreditMember 2025-04-01 2026-03-31 0000910521 deck:PrimaryCreditFacilityMember us-gaap:LineOfCreditMember 2022-12-31 0000910521 srt:MaximumMember 2026-03-31 0000910521 us-gaap:OperatingLeaseLeaseNotYetCommencedMember 2026-03-31 0000910521 us-gaap:ProductMember 2026-03-31 0000910521 deck:PurchaseCommitmentCommodityContractsMember 2026-03-31 0000910521 deck:OtherPurchaseCommitmentMember 2026-03-31 0000910521 deck:PurchaseCommitmentSupplyAgreementsMember 2026-03-31 0000910521 deck:PurchaseCommitmentSupplyAgreementsMember 2025-03-31 0000910521 deck:PurchaseCommitmentSupplyAgreementsMember 2025-04-01 2026-03-31 0000910521 deck:PurchaseCommitmentSupplyAgreementsMember 2024-04-01 2025-03-31 0000910521 us-gaap:SubsequentEventMember 2026-04-01 2026-05-01 0000910521 deck:StockIncentivePlan2015Member 2015-09-30 0000910521 deck:StockIncentivePlan2024Member 2024-09-09 0000910521 deck:StockIncentivePlan2024Member 2026-03-31 0000910521 deck:LTIPPSUsMember 2025-04-01 2026-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2023-04-01 2024-03-31 0000910521 deck:LTIPPSUsMember 2024-04-01 2025-03-31 0000910521 deck:LTIPPSUsMember 2023-04-01 2024-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2024-04-01 2025-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2025-04-01 2026-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2023-03-31 0000910521 deck:LTIPPSUsMember 2023-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2024-03-31 0000910521 deck:LTIPPSUsMember 2024-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2025-03-31 0000910521 deck:LTIPPSUsMember 2025-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2026-03-31 0000910521 deck:LTIPPSUsMember 2026-03-31 0000910521 srt:MaximumMember deck:LTIPPSUsMember 2025-04-01 2026-03-31 0000910521 srt:DirectorMember us-gaap:CommonStockMember 2025-04-01 2026-03-31 0000910521 deck:EmployeeStockPurchasePlan2024Member 2024-09-30 0000910521 deck:EmployeeStockPurchasePlan2024Member 2024-09-01 2024-09-30 0000910521 deck:EmployeeStockPurchasePlan2024Member 2026-03-31 0000910521 deck:DirectorsSharesMember 2025-04-01 2026-03-31 0000910521 deck:DirectorsSharesMember 2024-04-01 2025-03-31 0000910521 deck:DirectorsSharesMember 2023-04-01 2024-03-31 0000910521 deck:RSUsLTIPPSUsAndGrantsToDirectorsMember 2025-04-01 2026-03-31 0000910521 deck:RSUsLTIPPSUsAndGrantsToDirectorsMember 2024-04-01 2025-03-31 0000910521 deck:RSUsLTIPPSUsAndGrantsToDirectorsMember 2023-04-01 2024-03-31 0000910521 us-gaap:EmployeeStockMember 2025-04-01 2026-03-31 0000910521 us-gaap:EmployeeStockMember 2024-04-01 2025-03-31 0000910521 us-gaap:EmployeeStockMember 2023-04-01 2024-03-31 0000910521 deck:SettledForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2026-03-31 0000910521 deck:SettledForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2025-03-31 0000910521 deck:SettledForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0000910521 deck:SettledForeignExchangeContractMember us-gaap:NondesignatedMember 2026-03-31 0000910521 deck:SettledForeignExchangeContractMember us-gaap:NondesignatedMember 2025-03-31 0000910521 deck:SettledForeignExchangeContractMember us-gaap:NondesignatedMember 2024-03-31 0000910521 deck:SettledForeignExchangeContractMember 2026-03-31 0000910521 deck:SettledForeignExchangeContractMember 2025-03-31 0000910521 deck:SettledForeignExchangeContractMember 2024-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2025-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2023-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2025-04-01 2026-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2024-04-01 2025-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2023-04-01 2024-03-31 0000910521 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2026-03-31 0000910521 us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:SubsequentEventMember 2026-05-01 0000910521 us-gaap:NondesignatedMember us-gaap:SubsequentEventMember 2026-05-01 0000910521 us-gaap:SubsequentEventMember 2026-05-01 0000910521 2025-05-21 0000910521 us-gaap:SubsequentEventMember 2026-05-20 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2025-04-01 2026-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2024-04-01 2025-03-31 0000910521 us-gaap:RestrictedStockUnitsRSUMember 2023-04-01 2024-03-31 0000910521 deck:LTIPPSUsMember 2025-04-01 2026-03-31 0000910521 deck:LTIPPSUsMember 2024-04-01 2025-03-31 0000910521 deck:LTIPPSUsMember 2023-04-01 2024-03-31 0000910521 deck:DeferredEquityAwardsMember 2025-04-01 2026-03-31 0000910521 deck:DeferredEquityAwardsMember 2024-04-01 2025-03-31 0000910521 deck:DeferredEquityAwardsMember 2023-04-01 2024-03-31 0000910521 deck:EmployeeStockPurchasePlanMember 2025-04-01 2026-03-31 0000910521 deck:EmployeeStockPurchasePlanMember 2024-04-01 2025-03-31 0000910521 deck:EmployeeStockPurchasePlanMember 2023-04-01 2024-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:HokaBrandSegmentMember 2025-04-01 2026-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:UGGBrandSegmentMember 2025-04-01 2026-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:OtherBrandsSegmentMember 2025-04-01 2026-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:HokaBrandSegmentMember 2024-04-01 2025-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:UGGBrandSegmentMember 2024-04-01 2025-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:OtherBrandsSegmentMember 2024-04-01 2025-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:HokaBrandSegmentMember 2023-04-01 2024-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:UGGBrandSegmentMember 2023-04-01 2024-03-31 0000910521 us-gaap:OperatingSegmentsMember deck:OtherBrandsSegmentMember 2023-04-01 2024-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2025-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2024-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2023-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2025-04-01 2026-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2024-04-01 2025-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2023-04-01 2024-03-31 0000910521 us-gaap:AllowanceForCreditLossMember 2026-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2025-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2024-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2023-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2025-04-01 2026-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2024-04-01 2025-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2023-04-01 2024-03-31 0000910521 deck:AllowanceForSalesDiscountsMember 2026-03-31 0000910521 deck:ChargebackAllowanceMember 2025-03-31 0000910521 deck:ChargebackAllowanceMember 2024-03-31 0000910521 deck:ChargebackAllowanceMember 2023-03-31 0000910521 deck:ChargebackAllowanceMember 2025-04-01 2026-03-31 0000910521 deck:ChargebackAllowanceMember 2024-04-01 2025-03-31 0000910521 deck:ChargebackAllowanceMember 2023-04-01 2024-03-31 0000910521 deck:ChargebackAllowanceMember 2026-03-31 iso4217:USD shares iso4217:USD shares deck:proprietary_brand deck:segment pure deck:tannery iso4217:CNY 0000910521 false 2026 FY P462D P468D P1Y P1Y P10D http://fasb.org/us-gaap/2025#AccountsPayableTradeCurrent http://fasb.org/us-gaap/2025#AccountsPayableTradeCurrent 10-K true 2026-03-31 --03-31 false 001-36436 DECKERS OUTDOOR CORP DE 95-3015862 250 Coromar Drive Goleta CA 93117 805 967-7611 Common Stock, par value $0.01 per share DECK NYSE Yes No Yes Yes Large Accelerated Filer false false true false false 14764483936 138880957 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.1pt">Portions of the registrant’s definitive Proxy Statement on Schedule 14A relating to the registrant’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.6pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.8399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:34.61pt"> annual</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:597.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">meeting of stockholders, to be filed with the Securities and Exchange Commission within 120 days after the end of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.84pt">the fiscal year covered by this </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.34pt;position:var(--position);text-decoration:none;white-space:pre;width:65.22pt">Annual Report</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.56pt;position:var(--position);text-decoration:none;white-space:pre;width:225.81pt"> on Form 10-K, are incorporated by reference in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.37pt;position:var(--position);text-decoration:none;white-space:pre;width:30.73pt">Part III</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.1pt;position:var(--position);text-decoration:none;white-space:pre;width:49.3pt"> within this</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.22pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.89pt">Annual Report</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.39pt;position:var(--position);text-decoration:none;white-space:pre;width:66.63pt"> on Form 10-K.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">We maintain a comprehensive cybersecurity program, recognizing the critical importance of safeguarding our</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">operations, employees, customers, and other business partners from cybersecurity risks, which continue to evolve</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:136.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:310.24pt">in frequency and sophistication. These risks include, among others, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.74pt;position:var(--position);text-decoration:none;white-space:pre;width:202.72pt">operational, financial, reputational, legal, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:148.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.54pt">regulatory risks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:344.4pt">As a part of this program, we have developed an incident response plan (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.9pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IRP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.55pt;position:var(--position);text-decoration:none;white-space:pre;width:151.78pt">) designed to quickly respond to,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:269.25pt">mitigate, and recover from cybersecurity incidents. The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.75pt;position:var(--position);text-decoration:none;white-space:pre;width:16.47pt">IRP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.22pt;position:var(--position);text-decoration:none;white-space:pre;width:227.19pt"> includes procedures for incident detection and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:194.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">reporting, initial assessment, containment, eradication, recovery, post-incident activities, and continuous</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:206.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.55pt">improvement.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">We also integrate cybersecurity risk management into our overall risk management framework to ensure that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:240.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:294.8pt">cybersecurity risks are considered in all aspects of our business</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.07pt;position:var(--position);text-decoration:none;white-space:pre;width:215.31pt"> Our management team works closely with our</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:252.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:132.39pt">Chief Digital &amp; Data Officer (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.89pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.32pt;position:var(--position);text-decoration:none;white-space:pre;width:187.14pt">) and Chief Information Security Officer (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.46pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.88pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.21pt;position:var(--position);text-decoration:none;white-space:pre;width:136.29pt">, and is designed to align our</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:264.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">cybersecurity efforts with our business objectives and operational needs. Key components of our cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:276.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:170.01pt">approach include, among other things:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:236.99pt">establishing a dedicated action team, led by our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.49pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.92pt;position:var(--position);text-decoration:none;white-space:pre;width:28pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.92pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.34pt;position:var(--position);text-decoration:none;white-space:pre;width:122.12pt">, to oversee and manage</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:310.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.98pt">cybersecurity risks;</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:322.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.99pt">implementing a comprehensive cybersecurity risk assessment process and strategy based on</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:334.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.92pt">industry standards and established frameworks such as the National Institute of Standards and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:346.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.68pt">Technology (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.18pt;position:var(--position);text-decoration:none;white-space:pre;width:22.75pt">NIST</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.93pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">);</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:358.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.93pt">implementing a third-party and vendor risk management program, which includes evaluating risk</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:370.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.95pt">levels such that third parties and vendors with access to our systems or data are subject to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:382.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.92pt">cybersecurity onboarding and review, along with cybersecurity and data privacy audits and ongoing</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:394.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:163.1pt">risk monitoring and mitigation efforts;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:406.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.29pt">conducting penetration tests and security maturity assessments throughout the year;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:418.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.94pt">periodically engaging independent third-party assessors to audit our cybersecurity and information</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.22pt">system programs to evaluate their effectiveness;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:442.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.91pt">implementing industry-standard technologies and processes to protect our system and data and to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:454.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:186.09pt">help detect potential unauthorized activity;</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:466.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:264.98pt">maintaining access controls to safeguard data and systems;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:478.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.98pt">providing annual trainings to employees on responsible information security, data security and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:490.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:392.18pt">cybersecurity practices including appropriate action to take against cybersecurity threats;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:502.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:261.12pt">conducting periodic phishing simulations to our employees;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:514.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:382.25pt">engaging in cybersecurity incident tabletop exercises and scenario planning exercises;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:526.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.96pt">maintaining a cybersecurity and information security risk insurance policy, which insures for data</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:538.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:295.58pt">incidents or breaches and other technology related exposures; and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.08pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:550.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:175.57pt">periodically reviewing and updating our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.07pt;position:var(--position);text-decoration:none;white-space:pre;width:15.37pt">IRP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.44pt;position:var(--position);text-decoration:none;white-space:pre;width:242.57pt">, privacy policy, and other relevant policies/procedures.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">We continuously evaluate and enhance our cybersecurity risk management practices in response to evolving</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:584.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:122.24pt">threats and business needs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.74pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:606.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:138.92pt">In the three-year period ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.42pt;position:var(--position);text-decoration:none;white-space:pre;width:70.13pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.55pt;position:var(--position);text-decoration:none;white-space:pre;width:303.93pt">, our business, results of operations and financial condition have not</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:618.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">been materially affected by risks from cybersecurity threats, including as a result of any prior cybersecurity incidents</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:630.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:182.06pt">experienced by either us or third parties, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.56pt;position:var(--position);text-decoration:none;white-space:pre;width:330.88pt">but we cannot provide assurance that they will not be materially affected in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:642.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:252.22pt">the future by such risks or any future material incidents.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.72pt;position:var(--position);text-decoration:none;white-space:pre;width:43.51pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.23pt;position:var(--position);text-decoration:none;white-space:pre;width:69.02pt">Part I, Item 1A,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.25pt;position:var(--position);text-decoration:none;white-space:pre;width:3.58pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.83pt;position:var(--position);text-decoration:none;white-space:pre;width:144.54pt">“Risk Factors - Risks Related to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:654.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:173.68pt">Technology, Data Security and Privacy”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.18pt;position:var(--position);text-decoration:none;white-space:pre;width:48.86pt"> within this </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:63.89pt">Annual Report</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.93pt;position:var(--position);text-decoration:none;white-space:pre;width:101.06pt"> for further information.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">We also integrate cybersecurity risk management into our overall risk management framework to ensure that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:294.8pt">cybersecurity risks are considered in all aspects of our business</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> true true true true false <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.61pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.28pt;position:var(--position);text-decoration:none;white-space:pre;width:98.95pt"> has delegated to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.23pt;position:var(--position);text-decoration:none;white-space:pre;width:74.54pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.77pt;position:var(--position);text-decoration:none;white-space:pre;width:292.6pt"> primary responsibility for oversight of enterprise risk assessment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:387.63pt">and risk management, including risks related to cybersecurity and information security.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.13pt;position:var(--position);text-decoration:none;white-space:pre;width:3.39pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.52pt;position:var(--position);text-decoration:none;white-space:pre;width:20.05pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.57pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490pt;position:var(--position);text-decoration:none;white-space:pre;width:23.46pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.46pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.65pt;position:var(--position);text-decoration:none;white-space:pre;width:21.73pt"> who</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:101.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:414.77pt">head our cybersecurity and information security initiatives, provide quarterly updates to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.27pt;position:var(--position);text-decoration:none;white-space:pre;width:74.91pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:23.27pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:113.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.73pt">annual updates to the full </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.67pt;position:var(--position);text-decoration:none;white-space:pre;width:3.05pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.72pt;position:var(--position);text-decoration:none;white-space:pre;width:363.73pt">These updates cover various topics, such as efforts to enhance our cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:125.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">posture, operational and incident metrics, mitigation actions, and key performance indicators such as cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:137.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:281.73pt">maturity, program health, and audit and compliance activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.23pt;position:var(--position);text-decoration:none;white-space:pre;width:25.13pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.36pt;position:var(--position);text-decoration:none;white-space:pre;width:75.41pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.77pt;position:var(--position);text-decoration:none;white-space:pre;width:130.63pt"> reviews and monitors these</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:149.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:375.63pt">updates as part of its oversight of our cybersecurity risk management program. The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.13pt;position:var(--position);text-decoration:none;white-space:pre;width:74.27pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.4pt;position:var(--position);text-decoration:none;white-space:pre;width:63.06pt"> also engages</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:161.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:231.2pt">in regular dialogue with management, including our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.7pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.13pt;position:var(--position);text-decoration:none;white-space:pre;width:22.88pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.01pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.43pt;position:var(--position);text-decoration:none;white-space:pre;width:204.98pt">, regarding cybersecurity and technology risks</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:173.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.08pt">and related initiatives. In addition, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.58pt;position:var(--position);text-decoration:none;white-space:pre;width:74.01pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:270.76pt"> reviews relevant internal audit findings and key metrics used</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:185.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:164.43pt">to assess our capabilities to manage </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.93pt;position:var(--position);text-decoration:none;white-space:pre;width:225.71pt">cybersecurity, information security, and technology </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.64pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt">risks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">In addition to these regular updates, significant cybersecurity incidents and updates are escalated on an as-needed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:194.15pt">basis in accordance with our IRP, and the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.65pt;position:var(--position);text-decoration:none;white-space:pre;width:74.96pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.61pt;position:var(--position);text-decoration:none;white-space:pre;width:243.8pt"> discusses with management the nature and potential</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:231.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.82pt">impact of material cybersecurity incidents on our business, financial condition, and results of operations.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.37pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.87pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.3pt;position:var(--position);text-decoration:none;white-space:pre;width:28.1pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.4pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.82pt;position:var(--position);text-decoration:none;white-space:pre;width:238.15pt"> have extensive experience in cybersecurity. Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.97pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.4pt;position:var(--position);text-decoration:none;white-space:pre;width:140.96pt"> has served in his role since</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">September 2024. He has over 15 years of experience in digital transformations, enterprise technology, artificial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:187.39pt">intelligence, and data management. Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.89pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.31pt;position:var(--position);text-decoration:none;white-space:pre;width:301.15pt"> has served in various roles in information technology for over 25</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">years, including 15 years in information security. He holds a B.S. in Cybersecurity and Information Assurance, along</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:301.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">with industry certifications including ISACA’s Certified in Risk and Information Systems Control, ISACA’s Certified</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:313.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:476.33pt">Information Security Manager, and ISC2’s Certified Information Systems Security Professional certifications.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.61pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.28pt;position:var(--position);text-decoration:none;white-space:pre;width:98.95pt"> has delegated to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.23pt;position:var(--position);text-decoration:none;white-space:pre;width:74.54pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.77pt;position:var(--position);text-decoration:none;white-space:pre;width:292.6pt"> primary responsibility for oversight of enterprise risk assessment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:387.63pt">and risk management, including risks related to cybersecurity and information security.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.13pt;position:var(--position);text-decoration:none;white-space:pre;width:3.39pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.52pt;position:var(--position);text-decoration:none;white-space:pre;width:20.05pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.57pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490pt;position:var(--position);text-decoration:none;white-space:pre;width:23.46pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.46pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.65pt;position:var(--position);text-decoration:none;white-space:pre;width:21.73pt"> who</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:101.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:414.77pt">head our cybersecurity and information security initiatives, provide quarterly updates to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.27pt;position:var(--position);text-decoration:none;white-space:pre;width:74.91pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:23.27pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.73pt">annual updates to the full </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.61pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.28pt;position:var(--position);text-decoration:none;white-space:pre;width:98.95pt"> has delegated to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.23pt;position:var(--position);text-decoration:none;white-space:pre;width:74.54pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.77pt;position:var(--position);text-decoration:none;white-space:pre;width:292.6pt"> primary responsibility for oversight of enterprise risk assessment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:387.63pt">and risk management, including risks related to cybersecurity and information security.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.61pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.28pt;position:var(--position);text-decoration:none;white-space:pre;width:98.95pt"> has delegated to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.23pt;position:var(--position);text-decoration:none;white-space:pre;width:74.54pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.77pt;position:var(--position);text-decoration:none;white-space:pre;width:292.6pt"> primary responsibility for oversight of enterprise risk assessment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:387.63pt">and risk management, including risks related to cybersecurity and information security.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.13pt;position:var(--position);text-decoration:none;white-space:pre;width:3.39pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.52pt;position:var(--position);text-decoration:none;white-space:pre;width:20.05pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.57pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490pt;position:var(--position);text-decoration:none;white-space:pre;width:23.46pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.46pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.65pt;position:var(--position);text-decoration:none;white-space:pre;width:21.73pt"> who</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:101.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:414.77pt">head our cybersecurity and information security initiatives, provide quarterly updates to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.27pt;position:var(--position);text-decoration:none;white-space:pre;width:74.91pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:23.27pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:113.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.73pt">annual updates to the full </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.67pt;position:var(--position);text-decoration:none;white-space:pre;width:3.05pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.72pt;position:var(--position);text-decoration:none;white-space:pre;width:363.73pt">These updates cover various topics, such as efforts to enhance our cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:125.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">posture, operational and incident metrics, mitigation actions, and key performance indicators such as cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:137.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:281.73pt">maturity, program health, and audit and compliance activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.23pt;position:var(--position);text-decoration:none;white-space:pre;width:25.13pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.36pt;position:var(--position);text-decoration:none;white-space:pre;width:75.41pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.77pt;position:var(--position);text-decoration:none;white-space:pre;width:130.63pt"> reviews and monitors these</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:149.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:375.63pt">updates as part of its oversight of our cybersecurity risk management program. The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.13pt;position:var(--position);text-decoration:none;white-space:pre;width:74.27pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.4pt;position:var(--position);text-decoration:none;white-space:pre;width:63.06pt"> also engages</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:161.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:231.2pt">in regular dialogue with management, including our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.7pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.13pt;position:var(--position);text-decoration:none;white-space:pre;width:22.88pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.01pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.43pt;position:var(--position);text-decoration:none;white-space:pre;width:204.98pt">, regarding cybersecurity and technology risks</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:173.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.08pt">and related initiatives. In addition, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.58pt;position:var(--position);text-decoration:none;white-space:pre;width:74.01pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:270.76pt"> reviews relevant internal audit findings and key metrics used</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:185.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:164.43pt">to assess our capabilities to manage </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.93pt;position:var(--position);text-decoration:none;white-space:pre;width:225.71pt">cybersecurity, information security, and technology </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.64pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt">risks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">In addition to these regular updates, significant cybersecurity incidents and updates are escalated on an as-needed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:194.15pt">basis in accordance with our IRP, and the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.65pt;position:var(--position);text-decoration:none;white-space:pre;width:74.96pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.61pt;position:var(--position);text-decoration:none;white-space:pre;width:243.8pt"> discusses with management the nature and potential</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:231.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.82pt">impact of material cybersecurity incidents on our business, financial condition, and results of operations.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.52pt;position:var(--position);text-decoration:none;white-space:pre;width:20.05pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.57pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490pt;position:var(--position);text-decoration:none;white-space:pre;width:23.46pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.46pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.65pt;position:var(--position);text-decoration:none;white-space:pre;width:21.73pt"> who</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:101.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:414.77pt">head our cybersecurity and information security initiatives, provide quarterly updates to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.27pt;position:var(--position);text-decoration:none;white-space:pre;width:74.91pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:23.27pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:113.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.73pt">annual updates to the full </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.67pt;position:var(--position);text-decoration:none;white-space:pre;width:3.05pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.72pt;position:var(--position);text-decoration:none;white-space:pre;width:363.73pt">These updates cover various topics, such as efforts to enhance our cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:125.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">posture, operational and incident metrics, mitigation actions, and key performance indicators such as cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:281.73pt">maturity, program health, and audit and compliance activities.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.52pt;position:var(--position);text-decoration:none;white-space:pre;width:20.05pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.57pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490pt;position:var(--position);text-decoration:none;white-space:pre;width:23.46pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.46pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.65pt;position:var(--position);text-decoration:none;white-space:pre;width:21.73pt"> who</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:101.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:414.77pt">head our cybersecurity and information security initiatives, provide quarterly updates to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.27pt;position:var(--position);text-decoration:none;white-space:pre;width:74.91pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:23.27pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:113.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.73pt">annual updates to the full </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.67pt;position:var(--position);text-decoration:none;white-space:pre;width:3.05pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.72pt;position:var(--position);text-decoration:none;white-space:pre;width:363.73pt">These updates cover various topics, such as efforts to enhance our cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:125.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">posture, operational and incident metrics, mitigation actions, and key performance indicators such as cybersecurity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:137.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:281.73pt">maturity, program health, and audit and compliance activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.23pt;position:var(--position);text-decoration:none;white-space:pre;width:25.13pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.36pt;position:var(--position);text-decoration:none;white-space:pre;width:75.41pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.77pt;position:var(--position);text-decoration:none;white-space:pre;width:130.63pt"> reviews and monitors these</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:149.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:375.63pt">updates as part of its oversight of our cybersecurity risk management program. The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.13pt;position:var(--position);text-decoration:none;white-space:pre;width:74.27pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.4pt;position:var(--position);text-decoration:none;white-space:pre;width:63.06pt"> also engages</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:161.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:231.2pt">in regular dialogue with management, including our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.7pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.13pt;position:var(--position);text-decoration:none;white-space:pre;width:22.88pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.01pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.43pt;position:var(--position);text-decoration:none;white-space:pre;width:204.98pt">, regarding cybersecurity and technology risks</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:173.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.08pt">and related initiatives. In addition, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.58pt;position:var(--position);text-decoration:none;white-space:pre;width:74.01pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:270.76pt"> reviews relevant internal audit findings and key metrics used</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:185.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:164.43pt">to assess our capabilities to manage </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.93pt;position:var(--position);text-decoration:none;white-space:pre;width:225.71pt">cybersecurity, information security, and technology </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.64pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt">risks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">In addition to these regular updates, significant cybersecurity incidents and updates are escalated on an as-needed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:194.15pt">basis in accordance with our IRP, and the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.65pt;position:var(--position);text-decoration:none;white-space:pre;width:74.96pt">Audit Committee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.61pt;position:var(--position);text-decoration:none;white-space:pre;width:243.8pt"> discusses with management the nature and potential</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:231.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.82pt">impact of material cybersecurity incidents on our business, financial condition, and results of operations.</span></div> true <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.37pt">Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.87pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.3pt;position:var(--position);text-decoration:none;white-space:pre;width:28.1pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.4pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.82pt;position:var(--position);text-decoration:none;white-space:pre;width:238.15pt"> have extensive experience in cybersecurity. Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.97pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDDO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.4pt;position:var(--position);text-decoration:none;white-space:pre;width:140.96pt"> has served in his role since</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">September 2024. He has over 15 years of experience in digital transformations, enterprise technology, artificial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:187.39pt">intelligence, and data management. Our </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.89pt;position:var(--position);text-decoration:none;white-space:pre;width:24.42pt">CISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.31pt;position:var(--position);text-decoration:none;white-space:pre;width:301.15pt"> has served in various roles in information technology for over 25</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">years, including 15 years in information security. He holds a B.S. in Cybersecurity and Information Assurance, along</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:301.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">with industry certifications including ISACA’s Certified in Risk and Information Systems Control, ISACA’s Certified</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:313.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:476.33pt">Information Security Manager, and ISC2’s Certified Information Systems Security Professional certifications.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:166.33pt">Set forth below is a summary of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.83pt;position:var(--position);text-decoration:none;white-space:pre;width:38.35pt">adoption</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:254.18pt;position:var(--position);text-decoration:none;white-space:pre;width:86.47pt">, modification, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.65pt;position:var(--position);text-decoration:none;white-space:pre;width:49.44pt">termination</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.09pt;position:var(--position);text-decoration:none;white-space:pre;width:172.4pt"> activity of our directors and executive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:266.44pt">officers with respect to Rule 10b5-1 trading plans during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.94pt;position:var(--position);text-decoration:none;white-space:pre;width:161.12pt">three months ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.06pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:204.8pt;width:612pt"><div style="font-size:0pt;left:50.62pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:132pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:95.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:103.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:95.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:30pt"><td style="background-color:#a9d9f5;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:132pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:132pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.8pt;position:var(--position);text-decoration:none;white-space:pre">Name &amp; Title</span></div></div></div></td><td style="background-color:#a9d9f5;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#a9d9f5;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:135.75pt;position:var(--position);width:95.25pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:95.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.33pt;position:var(--position);text-decoration:none;white-space:pre">Adoption Date</span></div></div></div></td><td style="background-color:#a9d9f5;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#a9d9f5;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:234.75pt;position:var(--position);width:103.5pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:103.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.12pt;position:var(--position);text-decoration:none;white-space:pre">Termination Date</span></div></div></div></td><td style="background-color:#a9d9f5;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#a9d9f5;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:342pt;position:var(--position);width:95.25pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:95.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.78pt;position:var(--position);text-decoration:none;white-space:pre">Contract End Date</span></div></div></div></td><td style="background-color:#a9d9f5;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#a9d9f5;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.12pt;position:var(--position);white-space:pre">Aggregate </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.46pt;position:var(--position);white-space:pre">Shares Covered</span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.95pt;position:var(--position);white-space:pre">(in ones) </span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.45pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30pt;width:132pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:1.87pt;width:132pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Steven Fasching</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.82pt;position:var(--position);white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:132pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Chief Financial Officer</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:135.75pt;position:var(--position);top:30pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:95.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.79pt;position:var(--position);text-decoration:none;white-space:pre">February 23, 2026</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:234.75pt;position:var(--position);top:30pt;width:103.5pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:103.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.8pt;position:var(--position);text-decoration:none;white-space:pre">*</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:342pt;position:var(--position);top:30pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:95.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.34pt;position:var(--position);text-decoration:none;white-space:pre">May 31, 2027</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441pt;position:var(--position);top:30pt;width:69.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:36.55pt;position:var(--position);text-decoration:none;white-space:pre">16,181</span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:132pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:1.87pt;width:132pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Bonita Stewart</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.35pt;position:var(--position);white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:132pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Director</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135.75pt;position:var(--position);top:54.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:95.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.79pt;position:var(--position);text-decoration:none;white-space:pre">February 14, 2026</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:234.75pt;position:var(--position);top:54.75pt;width:103.5pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:103.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.8pt;position:var(--position);text-decoration:none;white-space:pre">*</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:342pt;position:var(--position);top:54.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:95.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.34pt;position:var(--position);text-decoration:none;white-space:pre">May 28, 2027</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.11pt;position:var(--position);text-decoration:none;white-space:pre">9,000</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:294.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;white-space:pre;width:62.96pt">*Not applicable.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:310.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:9.08pt">(1) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.78pt;position:var(--position);text-decoration:none;white-space:pre;width:505.58pt">The actual number of shares sold under the plan may depend on the vesting of certain performance-based equity awards and</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.9pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.95pt">the number of shares withheld by us to satisfy our income tax withholding obligations and may vary from the number provided</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.48pt">herein.</span></div> false Steven Fasching Chief Financial Officer true February 23, 2026 May 31, 2027 16181 Bonita Stewart Director true February 14, 2026 May 28, 2027 9000 false false true KPMG LLP Los Angeles, CA 185 KPMG LLP Los Angeles, CA 185 1907249000 1889188000 38198000 32883000 318978000 332872000 487018000 495226000 53236000 39294000 82114000 67282000 1825000 36613000 2850420000 2860475000 457173000 402964000 337782000 325599000 335098000 237352000 13990000 13990000 20968000 25014000 15643000 15699000 68501000 77591000 66331000 39546000 3687765000 3570252000 384529000 417955000 119597000 125417000 83931000 54453000 171173000 142120000 36475000 23299000 8369000 6697000 804074000 769941000 291263000 222522000 26313000 13587000 66477000 51189000 384053000 287298000 0.01 0.01 750000000 750000000 139978000 139978000 150201000 150201000 1400000 1502000 287795000 253466000 2246362000 2307699000 -35919000 -49654000 2499638000 2513013000 3687765000 3570252000 5472296000 4985612000 4287763000 2314570000 2099949000 1902275000 3157726000 2885663000 2385488000 1894823000 1706571000 1457974000 1262903000 1179092000 927514000 63613000 68389000 52208000 2530000 3517000 2564000 2370000 -665000 1783000 63453000 64207000 51427000 1326356000 1243299000 978941000 302285000 277208000 219378000 1024071000 966091000 759563000 3980000 1584000 0 9755000 -505000 -11698000 13735000 1079000 -11698000 1037806000 967170000 747865000 7.04 6.36 4.89 7.02 6.33 4.86 145498000 151992000 155225000 145805000 152670000 156285000 157054000 1571000 230841000 1572356000 -39035000 1765733000 12000 37248000 37248000 351000 4000 2440000 2444000 426000 4000 4782000 4786000 32261000 32261000 4289000 43000 414888000 414931000 3416000 3416000 759563000 759563000 -11698000 -11698000 153554000 1536000 243050000 1913615000 -50733000 2107468000 11000 37915000 37915000 347000 3000 3801000 3804000 89000 1000 967000 968000 32267000 32267000 3800000 38000 566964000 567002000 5043000 5043000 966091000 966091000 1079000 1079000 150201000 1502000 253466000 2307699000 -49654000 2513013000 16000 44835000 44835000 257000 3000 4506000 4509000 15012000 15012000 10496000 105000 1074995000 1075100000 10413000 10413000 1024071000 1024071000 13735000 13735000 139978000 1400000 287795000 2246362000 -35919000 2499638000 1024071000 966091000 759563000 75773000 69353000 57587000 2236000 2380000 2075000 6345000 5032000 789000 8784000 -5545000 -1510000 44835000 37943000 37288000 -1191000 -3183000 -407000 0 0 8164000 127000 4290000 1015000 -7550000 41339000 -4157000 -8208000 24344000 -58541000 23804000 -20946000 38490000 -34788000 -6945000 38775000 10000 2583000 567000 28832000 -6566000 9989000 -27865000 35636000 119601000 16933000 22222000 43534000 13175000 -29039000 35016000 18450000 -33214000 -5222000 1181955000 1044523000 1033184000 84623000 86171000 89365000 11000 11168000 34000 -84612000 -75003000 -89331000 4509000 3804000 2444000 0 968000 4786000 1075100000 567002000 414931000 5043000 3985000 0 8410000 15119000 9974000 -1084044000 -581334000 -417675000 4762000 -1049000 -5922000 18061000 387137000 520256000 1889188000 1502051000 981795000 1907249000 1889188000 1502051000 2492000 1789000 1783000 92823000 70326000 65672000 -5559000 3819000 -6705000 8464000 2233000 2278000 0 0 8127000 6602000 17148000 22287000 10413000 5043000 3416000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:52.09pt">General</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:137.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:155.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.48pt">The Company</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:116.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.75pt;position:var(--position);text-decoration:none;white-space:pre;width:45.05pt"> Deckers </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.8pt;position:var(--position);text-decoration:none;white-space:pre;width:36.11pt">Outdoor</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.91pt;position:var(--position);text-decoration:none;white-space:pre;width:4.19pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.1pt;position:var(--position);text-decoration:none;white-space:pre;width:52.23pt">Corporation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.33000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:299.52pt"> and its wholly owned subsidiaries (collectively, the Company) is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.85pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:167.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories developed for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:179.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:295.34pt">both everyday casual lifestyle use and high-performance activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.8pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.64pt;position:var(--position);text-decoration:none;white-space:pre;width:70.03pt">The Company’s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.67pt;position:var(--position);text-decoration:none;white-space:pre;width:2.98pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.65pt;position:var(--position);text-decoration:none;white-space:pre;width:22.78pt">three</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.98pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.41pt;position:var(--position);text-decoration:none;white-space:pre;width:81.33pt">proprietary brands</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.74pt;position:var(--position);text-decoration:none;white-space:pre;width:34.66pt"> include</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:191.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:61.99pt">the HOKA® (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:111.49000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:28.31pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.8pt;position:var(--position);text-decoration:none;white-space:pre;width:10.65pt">), </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.45pt;position:var(--position);text-decoration:none;white-space:pre;width:38pt">UGG® (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.45pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.21pt;position:var(--position);text-decoration:none;white-space:pre;width:68.06pt">), and Teva® (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.27pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.39pt;position:var(--position);text-decoration:none;white-space:pre;width:38.45pt">) brands</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.84pt;position:var(--position);text-decoration:none;white-space:pre;width:166.74pt">. Refer to the section below entitled</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.58pt;position:var(--position);text-decoration:none;white-space:pre;width:56.78pt"> “Reportable</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:95.11pt">Operating Segments”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.61pt;position:var(--position);text-decoration:none;white-space:pre;width:417.87pt"> for information regarding the phase out of standalone operations for the Koolaburra by UGG®</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">Koolaburra</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:95.12pt">) brand and AHNU® (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.85pt;position:var(--position);text-decoration:none;white-space:pre;width:28.32pt">AHNU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.17pt;position:var(--position);text-decoration:none;white-space:pre;width:144.96pt">) brand, and the prior sale of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.13pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">Sanuk</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.47pt;position:var(--position);text-decoration:none;white-space:pre;width:31.11pt"> brand.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.58pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:237.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.77pt">The Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.27pt;position:var(--position);text-decoration:none;white-space:pre;width:15pt">sell</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:21.75pt">s its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:409.4pt">products through quality domestic and international retailers and international distributors in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:249.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:9.99pt">its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:59.49pt;position:var(--position);text-decoration:none;white-space:pre;width:282.48pt"> wholesale channel, and directly to global consumers through</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.97pt;position:var(--position);text-decoration:none;white-space:pre;width:113.31pt"> its Direct-to-Consumer (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.28pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">DTC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.82pt;position:var(--position);text-decoration:none;white-space:pre;width:7.59pt">) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.41pt;position:var(--position);text-decoration:none;white-space:pre;width:79.09pt">channel, which is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:261.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:250.38pt">comprised of an e‑commerce and retail store presence.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.88pt;position:var(--position);text-decoration:none;white-space:pre;width:3.53pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:241.55pt">Independent third-party contractors manufacture all of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:544.96pt;position:var(--position);text-decoration:none;white-space:pre;width:17.42pt"> the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.71pt">Company’s products.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.20999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:295.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.34pt">Basis of Presentation</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:152.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.61pt;position:var(--position);text-decoration:none;white-space:pre;width:23.76pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.37pt;position:var(--position);text-decoration:none;white-space:pre;width:148.4pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.77pt;position:var(--position);text-decoration:none;white-space:pre;width:234.68pt"> and accompanying notes thereto (referred to herein</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:307.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.39pt">as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.89pt;position:var(--position);text-decoration:none;white-space:pre;width:149.34pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.23pt;position:var(--position);text-decoration:none;white-space:pre;width:7.16pt">) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.39pt;position:var(--position);text-decoration:none;white-space:pre;width:98.12pt">as of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.51pt;position:var(--position);text-decoration:none;white-space:pre;width:27.11pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.62pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.86pt;position:var(--position);text-decoration:none;white-space:pre;width:60.32pt">, and for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.18pt;position:var(--position);text-decoration:none;white-space:pre;width:131.48pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:319.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:25.01pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.75pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.99pt;position:var(--position);text-decoration:none;white-space:pre;width:82.79pt"> (referred to herein</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.78pt;position:var(--position);text-decoration:none;white-space:pre;width:35.57pt"> as “yea</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.35pt;position:var(--position);text-decoration:none;white-space:pre;width:71.14pt">r ended” or “yea</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.49pt;position:var(--position);text-decoration:none;white-space:pre;width:65.02pt">rs ended,” or a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.51pt;position:var(--position);text-decoration:none;white-space:pre;width:11.11pt">s “</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.62pt;position:var(--position);text-decoration:none;white-space:pre;width:70.02pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.64pt;position:var(--position);text-decoration:none;white-space:pre;width:12.21pt">,” “</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.85pt;position:var(--position);text-decoration:none;white-space:pre;width:70.02pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.87pt;position:var(--position);text-decoration:none;white-space:pre;width:25.56pt">,” and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">“</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:72.72pt">fiscal year 2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.55pt;position:var(--position);text-decoration:none;white-space:pre;width:436.87pt">,” respectively) are prepared in accordance with generally accepted accounting principles in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.08pt">United States (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.58pt;position:var(--position);text-decoration:none;white-space:pre;width:44.4pt">US GAAP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:365.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.57pt">Consolidation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:110.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:112.84pt;position:var(--position);text-decoration:none;white-space:pre;width:4.01pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.85pt;position:var(--position);text-decoration:none;white-space:pre;width:21.23pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:149.7pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.78pt;position:var(--position);text-decoration:none;white-space:pre;width:274.6pt"> include the accounts of the Company and its wholly owned</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:377.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:422.79pt">subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.28pt">Reportable Operating Segments.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.78pt;position:var(--position);text-decoration:none;white-space:pre;width:4.81pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.59pt;position:var(--position);text-decoration:none;white-space:pre;width:105.34pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.93pt;position:var(--position);text-decoration:none;white-space:pre;width:82.57pt">, the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.78pt">three</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.28pt;position:var(--position);text-decoration:none;white-space:pre;width:5.36pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.64pt;position:var(--position);text-decoration:none;white-space:pre;width:140.75pt">reportable operating segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:183.94pt">include the worldwide operations of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.44pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.2pt;position:var(--position);text-decoration:none;white-space:pre;width:36.68pt"> brand, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.88pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.64pt;position:var(--position);text-decoration:none;white-space:pre;width:57.53pt"> brand, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.17pt;position:var(--position);text-decoration:none;white-space:pre;width:59.73pt">Other brands</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.9pt;position:var(--position);text-decoration:none;white-space:pre;width:124.45pt"> (primarily consisting of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:423.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.62pt;position:var(--position);text-decoration:none;white-space:pre;width:37.24pt"> brand) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.86pt;position:var(--position);text-decoration:none;white-space:pre;width:129.92pt">(collectively, the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.78pt;position:var(--position);text-decoration:none;white-space:pre;width:138.37pt">reportable operating segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.15pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.25pt;position:var(--position);text-decoration:none;white-space:pre;width:3.99pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.24pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.34pt;position:var(--position);text-decoration:none;white-space:pre;width:79.19pt">he Other brands </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.53pt;position:var(--position);text-decoration:none;white-space:pre;width:90.86pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:435.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.34pt">segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.84pt;position:var(--position);text-decoration:none;white-space:pre;width:474.66pt"> includes current and historical results of brands previously sold and brands for which standalone</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.45pt">operations </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.95pt;position:var(--position);text-decoration:none;white-space:pre;width:46.69pt">have been</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.64pt;position:var(--position);text-decoration:none;white-space:pre;width:146.67pt"> phased out, as discussed below.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:469.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">Consistent with the Company’s continuous focus on pursuing its most profitable long-term opportunities,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:481.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:452.63pt">management has taken the following strategic actions to streamline its brand portfolio within the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.13pt;position:var(--position);text-decoration:none;white-space:pre;width:60.31pt">Other brands</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:493.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">r</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:130.01pt">eportable operating segment:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:515.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:144.73pt">During the second quarter of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.23pt;position:var(--position);text-decoration:none;white-space:pre;width:76.12pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.35pt;position:var(--position);text-decoration:none;white-space:pre;width:220.05pt">, the Company began phasing out standalone</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:527.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:87.73pt">operations for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:28.32pt">AHNU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.55pt;position:var(--position);text-decoration:none;white-space:pre;width:5.35pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.9pt;position:var(--position);text-decoration:none;white-space:pre;width:33.51pt">brand. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:285.97pt">The Company closed Ahnu.com as of October 1, 2025, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:539.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:145.19pt">completed the phase out of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.69pt;position:var(--position);text-decoration:none;white-space:pre;width:28.32pt">AHNU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:295.01pt;position:var(--position);text-decoration:none;white-space:pre;width:145.37pt"> brand in the wholesale channel</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.38pt;position:var(--position);text-decoration:none;white-space:pre;width:3.73pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.11pt;position:var(--position);text-decoration:none;white-space:pre;width:118.27pt">during the third and fourth</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:551.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.7pt">quarters of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.2pt;position:var(--position);text-decoration:none;white-space:pre;width:77.16pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.36pt;position:var(--position);text-decoration:none;white-space:pre;width:306.11pt">. The Company did not incur material exit costs or obligations</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.09pt">associated with this plan.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.59pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:585.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.78pt">During the third quarter of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.28pt;position:var(--position);text-decoration:none;white-space:pre;width:70.46pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.74pt;position:var(--position);text-decoration:none;white-space:pre;width:252.75pt">, the Company began phasing out standalone operations</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:597.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.09pt">for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.59pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">Koolaburra</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.49pt;position:var(--position);text-decoration:none;white-space:pre;width:35.7pt"> brand. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.19pt;position:var(--position);text-decoration:none;white-space:pre;width:251.19pt">The Company closed Koolaburra.com as of the end of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.38pt;position:var(--position);text-decoration:none;white-space:pre;width:72pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.67pt">and completed the phase out of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">Koolaburra</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.07pt;position:var(--position);text-decoration:none;white-space:pre;width:147.17pt"> brand in the wholesale channel</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.24pt;position:var(--position);text-decoration:none;white-space:pre;width:4.09pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.33pt;position:var(--position);text-decoration:none;white-space:pre;width:72.09pt">during third and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.21pt">fourth quarters of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:72.9pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.61pt;position:var(--position);text-decoration:none;white-space:pre;width:284.81pt">. The Company did not incur material exit costs or obligations</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.09pt">associated with this plan.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:655.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.39pt">The Company completed the sale of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.89pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">Sanuk</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.23pt;position:var(--position);text-decoration:none;white-space:pre;width:159.3pt"> brand during the second quarter of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.53pt;position:var(--position);text-decoration:none;white-space:pre;width:70.12pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:667.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:366.53pt">The financial results for the Company’s reportable operating segments during </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.03pt;position:var(--position);text-decoration:none;white-space:pre;width:74.46pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:679.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:252.77pt">present the former Sanuk brand through August 15, 2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.27pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt"> (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:380.37pt;position:var(--position);text-decoration:none;white-space:pre;width:104.43pt">Sanuk Brand Sale Date</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.8pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.13pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.41pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.91pt;position:var(--position);text-decoration:none;white-space:pre;width:195.5pt">Note 13, “Reportable Operating Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:188.06pt"> for further information on the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.47pt;position:var(--position);text-decoration:none;white-space:pre;width:90.01pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.34pt">segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.66pt">Use of Estimates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:129.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.93pt;position:var(--position);text-decoration:none;white-space:pre;width:4.66pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.59pt;position:var(--position);text-decoration:none;white-space:pre;width:164.04pt">The preparation of the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.63pt;position:var(--position);text-decoration:none;white-space:pre;width:151.36pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.99pt;position:var(--position);text-decoration:none;white-space:pre;width:96.6pt"> in accordance with </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.57pt">GAAP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.07pt;position:var(--position);text-decoration:none;white-space:pre;width:485.4pt"> requires management to make estimates and assumptions that affect the amounts reported. Management</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">bases these estimates and assumptions upon historical experience, existing and known circumstances,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:400.99pt">authoritative accounting pronouncements and other factors it believes to be reasonable. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.49pt;position:var(--position);text-decoration:none;white-space:pre;width:111.9pt">In addition, management</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">has considered the potential impact of macroeconomic and geopolitical factors on its business and results of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">operations, including inflationary pressures, increased tariffs, rising supply chain costs, high interest rates, foreign</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">currency exchange rate volatility, escalating global conflicts, changes in discretionary spending, and recession risks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">Although the full impact of these factors is unknown, the Company believes it has made appropriate accounting</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">estimates and assumptions based on the facts and circumstances available as of the reporting date. However,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">actual results could differ materially from these estimates and assumptions, which may result in material effects on</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:304.59pt">the Company’s financial condition, results of operations, and liquidity.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.09pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">Significant accounting policies that require the use of management estimates and assumptions include those</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">related to revenue recognition such as sales returns, chargebacks, and sales discounts as well as contract</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">liabilities; accounts receivable allowances; inventory; income taxes including valuation of deferred income taxes;</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">stock-based compensation; impairment assessments, including for long-lived assets; the fair value of financial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">instruments; those related to operating lease assets and lease liabilities including term, classification, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:301pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:177.03pt">Company’s incremental borrowing rate (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.53pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.18pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:133.98pt">Foreign Currency Translation.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.48pt;position:var(--position);text-decoration:none;white-space:pre;width:202.67pt"> The Company considers the United States (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.15pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.03pt;position:var(--position);text-decoration:none;white-space:pre;width:162.33pt">) dollar to be its functional currency.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">The Company’s wholly owned foreign subsidiaries have various assets and liabilities, primarily cash, receivables,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">and payables, which are denominated in currencies other than its functional currency. The Company remeasures</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">these monetary assets and liabilities using the exchange rate at the end of the reporting period, which results in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:343.91pt">gains and losses that are recorded in selling, general, and administrative (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.41pt;position:var(--position);text-decoration:none;white-space:pre;width:27.75pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.16pt;position:var(--position);text-decoration:none;white-space:pre;width:85.16pt">) expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.32pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:383pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:171.91pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.41pt;position:var(--position);text-decoration:none;white-space:pre;width:341.03pt"> as incurred. In addition, the Company translates assets and liabilities of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:218.76pt">subsidiaries with reporting currencies other than </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.26pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.14pt;position:var(--position);text-decoration:none;white-space:pre;width:55.76pt"> dollars into </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:337.9pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.78pt;position:var(--position);text-decoration:none;white-space:pre;width:210.65pt"> dollars using the exchange rates at the end of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">the reporting period, which results in financial statement translation gains and losses recorded in other</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:419pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.11pt">comprehensive income or loss (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.61pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.37pt;position:var(--position);text-decoration:none;white-space:pre;width:82.71pt">), net of tax, in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.53pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:55.53pt">Seasonality</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:105.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre;width:4.69pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.49000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:110.95pt">A significant part of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.44pt;position:var(--position);text-decoration:none;white-space:pre;width:5.24pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.68pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.44pt;position:var(--position);text-decoration:none;white-space:pre;width:5.24pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.68pt;position:var(--position);text-decoration:none;white-space:pre;width:305.69pt">brand’s business has historically been seasonal, with the highest</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:282.37pt">percentage of net sales occurring in the third fiscal quarter</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.87pt;position:var(--position);text-decoration:none;white-space:pre;width:230.6pt">, which has contributed to variation in results of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:156.84pt">operations from quarter to quarter.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.34pt;position:var(--position);text-decoration:none;white-space:pre;width:4.07pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.41pt;position:var(--position);text-decoration:none;white-space:pre;width:41.67pt">However,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.08pt;position:var(--position);text-decoration:none;white-space:pre;width:4.07pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.15pt;position:var(--position);text-decoration:none;white-space:pre;width:28.52pt">as the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.66999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:4.07pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.74pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.5pt;position:var(--position);text-decoration:none;white-space:pre;width:4.07pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.57pt;position:var(--position);text-decoration:none;white-space:pre;width:241.9pt">brand’s net sales have increased as a percentage of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:477pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:92.52pt">aggregate net sales,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:3.75pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:266.14pt">the impacts of seasonality have been partially mitigated as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.91pt;position:var(--position);text-decoration:none;white-space:pre;width:3.75pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.66pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.42pt;position:var(--position);text-decoration:none;white-space:pre;width:3.75pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.17pt;position:var(--position);text-decoration:none;white-space:pre;width:115.18pt">brand sales are generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">more evenly distributed throughout the fiscal year, although quarterly results may fluctuate based on the timing of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:288.75pt">product launches. This trend is expected to continue. In addition,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.25pt;position:var(--position);text-decoration:none;white-space:pre;width:3.15pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.4pt;position:var(--position);text-decoration:none;white-space:pre;width:82.25pt">the Company has </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.65pt;position:var(--position);text-decoration:none;white-space:pre;width:138.69pt">further mitigated the impacts of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:187.24pt">seasonality by diversifying and expanding </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.74pt;position:var(--position);text-decoration:none;white-space:pre;width:99.99pt">its year-round product </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.73pt;position:var(--position);text-decoration:none;white-space:pre;width:38.15pt">offerings</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.88pt;position:var(--position);text-decoration:none;white-space:pre;width:32.22pt"> across</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.1pt;position:var(--position);text-decoration:none;white-space:pre;width:48.87pt"> its brands.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:183.52pt">Recent Accounting Pronouncements</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:233.02pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.79pt;position:var(--position);text-decoration:none;white-space:pre;width:326.65pt"> The Financial Accounting Standards Board has issued Accounting</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.66pt">Standards Updates (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.16pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.7pt;position:var(--position);text-decoration:none;white-space:pre;width:357.21pt">s) that have been adopted and not yet adopted by the Company as stated below.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.66pt">Recently Adopted.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.75pt;position:var(--position);text-decoration:none;white-space:pre;width:148.29pt">The following is a summary of an </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.58000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:247.77pt"> adopted by the Company and its impact upon adoption:</span></div><div style="position:var(--position);top:591pt;width:612pt"><div style="font-size:0pt;left:50.62pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:216.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.56pt;position:var(--position);text-decoration:none;white-space:pre">Standard</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:86.4pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:294pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.99pt;position:var(--position);white-space:pre">Impact upon Adoption</span></div></div></div></td></tr><tr style="height:80.25pt"><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2023-09 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements to </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Income Tax </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Disclosures (</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.800000000000004pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:65.23pt;position:var(--position);white-space:pre"> </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">2023-09)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:12.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:21.93pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.56pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.99pt;position:var(--position);white-space:pre;width:173.13pt"> requires annual disclosures of prescribed</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.42pt">standard categories for the components of the effective tax</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.04999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.46pt">rate reconciliation, disclosure of income taxes paid</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.09pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.45pt">disaggregated by jurisdiction, and other income-tax related</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.07999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:63.67pt">disclosures. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:66.3pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:82.72999999999999pt;position:var(--position);white-space:pre;width:131.36pt"> is effective on a prospective basis,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.09pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.45pt">with retrospective application permitted, for fiscal years</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.07999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.49pt">beginning after December 15, 2024. Early adoption is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:35.51pt">permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:294pt;position:var(--position);top:12.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:156.27pt">The Company prospectively adopted this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:158.9pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:175.32999999999998pt;position:var(--position);white-space:pre;width:38.79pt"> beginning</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:32.47pt">with this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.1pt;position:var(--position);text-decoration:none;white-space:pre;width:51.97pt">Annual Report</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:87.07pt;position:var(--position);white-space:pre;width:23.01pt">. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:110.08pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:126.50999999999999pt;position:var(--position);white-space:pre;width:87.61pt"> did not have a material</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.48pt">impact on the Company’s consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.10999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:150.29pt">other than additional disclosures under </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:152.92pt;position:var(--position);text-decoration:none;white-space:pre;width:25.71pt">Note 5</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:178.63pt;position:var(--position);white-space:pre;width:9.28pt">, “</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:187.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.2pt">Income</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.10999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.08pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:20.88pt">Taxes</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:23.509999999999998pt;position:var(--position);white-space:pre;width:4.88pt">.”</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.4pt">Not Yet Adopted.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.9pt;position:var(--position);text-decoration:none;white-space:pre;width:174.72pt"> The following is a summary of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.62pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.16pt;position:var(--position);text-decoration:none;white-space:pre;width:72.74pt"> that has been </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.9pt;position:var(--position);text-decoration:none;white-space:pre;width:28.9pt">issued</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.8pt;position:var(--position);text-decoration:none;white-space:pre;width:42.76pt"> through </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.56pt;position:var(--position);text-decoration:none;white-space:pre;width:58.32pt">May 1, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.88pt;position:var(--position);text-decoration:none;white-space:pre;width:35.53pt">, and is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">applicable to the Company, but which has not yet been adopted, as well as the planned period of adoption, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.02pt">expected impact on the Company upon adoption</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:145pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:180pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:180pt"></td></tr><tr style="height:21.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.56pt;position:var(--position);text-decoration:none;white-space:pre">Standard</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);width:180pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:180pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:68.03pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.15pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.8pt;position:var(--position);text-decoration:none;white-space:pre">Planned Period </span></div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.47pt;position:var(--position);text-decoration:none;white-space:pre">of Adoption</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:180pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:180pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:33.63pt;position:var(--position);text-decoration:none;white-space:pre">Expected Impact on Adoption</span></div></div></div></td></tr><tr style="height:108pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2024-03 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Disaggregation of </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Income </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Statement </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Expenses (as </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">amended by </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.370000000000005pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:64.8pt;position:var(--position);white-space:pre"> </span></div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">2025-01)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:21.75pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:18.96pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.59pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.02pt;position:var(--position);white-space:pre;width:139.32pt"> requires disaggregated disclosure of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:10.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">relevant statement of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:18.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">expense captions including tabular presentation</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:26.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">of prescribed expense categories such as</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:34.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">purchases of inventory, employee compensation,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:42.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">depreciation, intangible asset amortization, and</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">other specific expense, gains, and losses</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:58.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:81.4pt">required by existing </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.03pt;position:var(--position);text-decoration:none;white-space:pre;width:37.81pt">US GAAP</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:121.83999999999999pt;position:var(--position);white-space:pre;width:27.79pt">. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:149.63pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:166.06pt;position:var(--position);white-space:pre;width:11.3pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:66.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">effective on a prospective basis, with</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:74.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">retrospective application permitted, for fiscal</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:82.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">years beginning after December 15, 2026, and</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:90.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">interim periods within fiscal years beginning after</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:98.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:171.36pt">December 15, 2027. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q4 FY 2028</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:28.21pt;position:var(--position);white-space:pre">and</span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:21.75pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:82.69pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.32pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.75pt;position:var(--position);white-space:pre;width:75.56pt"> on its disclosures in</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.31pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">its annual and interim consolidated financial</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:41.3pt">statements.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.93pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div></div></div></td></tr><tr style="height:80.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-05 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Measurement of </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Credit Losses for </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounts </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Receivable and </span></div><div style="line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Contract Assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:129.75pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:20.98pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:23.61pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.04pt;position:var(--position);white-space:pre;width:137.31pt"> provides a practical expedient to</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">assume that current conditions as of the balance</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.66pt">sheet date do not change for the remaining life of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.29pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">the asset when estimating expected credit losses</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">on trade accounts receivable and contract</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:48.09pt">assets. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.720000000000006pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:67.14999999999999pt;position:var(--position);white-space:pre;width:110.2pt"> is effective on a prospective</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">basis for fiscal years beginning after December</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:132.29pt">15, 2025. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:129.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);text-decoration:none;white-space:pre">Q1 FY 2027</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:129.75pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">The Company does not expect the adoption of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:14.78pt">this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.41pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:33.84pt;position:var(--position);white-space:pre;width:143.51pt"> to have a material impact on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:98.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-06 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Internal-Use </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Software</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:210pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:20.03pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.66pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:39.09pt;position:var(--position);white-space:pre;width:138.28pt"> amends recognition and disclosure</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">guidance for internal-use software costs,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">removing the previous software development</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">stage model with a more principles-based,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">probable-to-complete recognition threshold. This</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:1.78pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre;width:158.26pt"> is effective on either a retrospective,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">prospective, or modified prospective basis, for</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">fiscal years beginning after December 15, 2027,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">including interim periods within those fiscal</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:120.75pt">years. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:210pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);text-decoration:none;white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:210pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:98.54pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.17pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:117.6pt;position:var(--position);white-space:pre;width:59.74pt"> on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:108pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:308.25pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-09 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Derivatives and </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Hedging (Topic </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">815): Hedge </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounting </span></div><div style="line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:308.25pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:17.87pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.93pt;position:var(--position);white-space:pre;width:140.41pt"> clarifies and improves certain aspects</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">of hedge accounting, including guidance on the</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">assessment of similar risk exposure for groups of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">forecasted transactions related to cash flow</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">hedges and other targeted amendments</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">intended to better align hedge accounting with an</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:148.93pt">entity’s risk management activities. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:151.56pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:167.99pt;position:var(--position);white-space:pre;width:9.33pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">effective on a prospective basis for fiscal years</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">beginning after December 15, 2026, including</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">interim periods within those fiscal years. Early</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:98.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:76.35pt">adoption is permitted.</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:308.25pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2028</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:308.25pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:98.54pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.17pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:117.6pt;position:var(--position);white-space:pre;width:59.74pt"> on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:98.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:416.25pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-11 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Interim Reporting: </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Narrow-Scope </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements </span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:416.25pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:17.35pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.98pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.410000000000004pt;position:var(--position);white-space:pre;width:140.96pt"> requires disclosure of events since the</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">most recent annual reporting period that have a</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">material impact on interim results, provides a</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">comprehensive list of required interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">disclosures, and clarifies the form and content</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">requirements for interim financial statements.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.08pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:18.03pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.66pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:37.09pt;position:var(--position);white-space:pre;width:140.28pt"> is effective on either a prospective or</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">retrospective basis for interim periods within</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">fiscal years beginning after December 15, 2027.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:96.77pt">Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:416.25pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:416.25pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:82.69pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.32pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.75pt;position:var(--position);white-space:pre;width:75.56pt"> on disclosures in its</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.31pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">interim condensed consolidated financial</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:41.3pt">statements.</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:227.69pt">Summary of Significant Accounting Policies.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.19pt;position:var(--position);text-decoration:none;white-space:pre;width:285.26pt"> The following is a summary of the Company’s significant</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:146.1pt">accounting policies applied to its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.6pt;position:var(--position);text-decoration:none;white-space:pre;width:147.22pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:133pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.33pt">Cash and Cash Equivalents</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:176.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.6pt;position:var(--position);text-decoration:none;white-space:pre;width:382.87pt"> Cash and cash equivalents include cash on hand, demand deposits, and all highly</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:451.86pt">liquid investments, such as money-market funds, with an original maturity of three months or less.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.36pt;position:var(--position);text-decoration:none;white-space:pre;width:4.08pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.44pt;position:var(--position);text-decoration:none;white-space:pre;width:57.04pt">The carrying</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">value of money-market funds approximates the fair value as it is considered a highly liquid investment when</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:381.17pt">purchased. Money-market funds are recorded in cash and cash equivalents in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.67pt;position:var(--position);text-decoration:none;white-space:pre;width:129.02pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.69pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.31pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.81pt;position:var(--position);text-decoration:none;white-space:pre;width:158.1pt">Note 4, “Fair Value Measurements,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.91pt;position:var(--position);text-decoration:none;white-space:pre;width:279.91pt"> for further information on the fair value of money-market funds.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.8199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">The Company maintains a portion of its cash in Federal Deposit Insurance Corporation insured bank deposit</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:278.45pt">accounts which, at times, may exceed federally insured limits. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.95pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.05pt;position:var(--position);text-decoration:none;white-space:pre;width:164.89pt">he Company did not experience any </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.94pt;position:var(--position);text-decoration:none;white-space:pre;width:63.48pt">losses in such</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.86pt">accounts during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.36pt;position:var(--position);text-decoration:none;white-space:pre;width:129.72pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:6.16pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.24pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.48pt;position:var(--position);text-decoration:none;white-space:pre;width:26.23pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.71pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.95pt;position:var(--position);text-decoration:none;white-space:pre;width:214.44pt">. Based on the size and strength of the banking</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.2pt">institutions used, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.7pt;position:var(--position);text-decoration:none;white-space:pre;width:355.5pt">the Company does not believe it is exposed to any significant credit risks in cash</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:261pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:155.37pt">Allowances for Doubtful Accounts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:204.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.64pt;position:var(--position);text-decoration:none;white-space:pre;width:354.85pt"> The Company provides an allowance against trade accounts receivable for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">estimated losses that may result from customers’ inability to pay. The Company determines the amount of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">allowance by analyzing known uncollectible accounts, aged trade accounts receivable, economic conditions and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">forecasts, historical experience, and the customers’ creditworthiness. Trade accounts receivable that are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">subsequently determined to be uncollectible are charged or written off against this allowance. The allowance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">includes specific allowances for trade accounts, for which all or a portion are identified as potentially uncollectible</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">based on known or anticipated losses. Additions to the allowance represent bad debt expense estimates which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:52.78pt">recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.28pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.03pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.89pt">Inventories</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:98.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.16pt;position:var(--position);text-decoration:none;white-space:pre;width:58.26pt"> Inventories, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:162.12pt">which are predominantly comprised </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.54pt;position:var(--position);text-decoration:none;white-space:pre;width:180.92pt">of finished goods on hand and in transit,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.46pt;position:var(--position);text-decoration:none;white-space:pre;width:59.9pt"> are stated at</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.88pt">the lower of cost </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.38pt;position:var(--position);text-decoration:none;white-space:pre;width:124.36pt">(weighted moving average) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.74pt;position:var(--position);text-decoration:none;white-space:pre;width:311.69pt">or net realizable value at each financial statement date. Net realizable</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">value is the estimated selling price in the ordinary course of business, less reasonably predictable costs to sell. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">Company regularly reviews inventory for excess, obsolete, and impaired inventory to evaluate write-downs to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.75pt">lower of cost or realizable value.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.25pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:73.71pt">The Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.21pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">outsources</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.11pt;position:var(--position);text-decoration:none;white-space:pre;width:390.38pt"> the production of its finished goods to independent third-party contractors that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.35pt">manufacture all of its products (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.85pt;position:var(--position);text-decoration:none;white-space:pre;width:121.88pt">independent manufacturers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.73pt;position:var(--position);text-decoration:none;white-space:pre;width:75.15pt">), the majority of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.88pt;position:var(--position);text-decoration:none;white-space:pre;width:56.67pt">which are in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.55pt;position:var(--position);text-decoration:none;white-space:pre;width:118.88pt">Southeast Asia. During the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:55.21pt">year ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:71.87pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:385.87pt">, production of finished goods was predominantly from Vietnam and Indonesia, while</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:473pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.77pt">less than </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:14.45pt">5%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.72pt;position:var(--position);text-decoration:none;white-space:pre;width:207.56pt"> was from China or any other individual country</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.64pt;position:var(--position);text-decoration:none;white-space:pre;width:242.74pt">The majority of raw materials and components used by</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:122.99pt">independent manufacturers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.49pt;position:var(--position);text-decoration:none;white-space:pre;width:341.07pt"> are purchased from affiliates, manufacturers, factories, and other agents (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.56pt;position:var(--position);text-decoration:none;white-space:pre;width:48.91pt">designated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:497pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.01pt">suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.50999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:415.37pt">), who work with other subcontractors that extract, process, or convert these raw materials. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.88pt;position:var(--position);text-decoration:none;white-space:pre;width:57.54pt">Sheepskin is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:278.05pt">used to manufacture a significant portion of the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.55pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.31pt;position:var(--position);text-decoration:none;white-space:pre;width:212.15pt"> brand products and is sourced primarily from</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.69pt">designated suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.19pt;position:var(--position);text-decoration:none;white-space:pre;width:136.1pt"> in Australia and processed by </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:15.55pt">two</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.84000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt"> tanneries in China.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:543pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.1pt">Cloud Computing Arrangements (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:203.6pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:224.7pt;position:var(--position);text-decoration:none;white-space:pre;width:8.33pt">s)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:233.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.8pt;position:var(--position);text-decoration:none;white-space:pre;width:4.33pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.13pt;position:var(--position);text-decoration:none;white-space:pre;width:158.68pt">The Company enters into various </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.81pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.91pt;position:var(--position);text-decoration:none;white-space:pre;width:142.58pt">s that are governed by service</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:262.04pt">contracts (hosting arrangements) to support operations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.54pt;position:var(--position);text-decoration:none;white-space:pre;width:250.94pt"> Application development stage implementation costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">(implementation costs) of a hosting arrangement are deferred and recorded to prepaid expenses and other assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.49pt">in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.99pt;position:var(--position);text-decoration:none;white-space:pre;width:127.42pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.41pt;position:var(--position);text-decoration:none;white-space:pre;width:357.02pt">. Amortization of implementation costs begins when the software is ready for its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">intended use. Amortization of implementation costs are calculated on a straight-line basis over the term of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:363.89pt">hosting arrangement, including reasonably certain renewals, which are generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.39pt;position:var(--position);text-decoration:none;white-space:pre;width:3.81pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.2pt;position:var(--position);text-decoration:none;white-space:pre;width:16.68pt"><span style="-sec-ix-hidden:f-440">one</span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.88pt;position:var(--position);text-decoration:none;white-space:pre;width:15.95pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.83pt;position:var(--position);text-decoration:none;white-space:pre;width:51.04pt">three years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:500.87pt;position:var(--position);text-decoration:none;white-space:pre;width:6.03pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.9pt;position:var(--position);text-decoration:none;white-space:pre;width:55.54pt">Amortization</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.34pt">expense is recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.84pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.04pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.59pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.6pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.6pt;position:var(--position);text-decoration:none;white-space:pre;width:19.99pt"> are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.59pt;position:var(--position);text-decoration:none;white-space:pre;width:39.46pt">recorded</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.05pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.03pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:49.42pt"> as follows:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.59pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:121pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Prepaid expenses:</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Net CCAs placed in service</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,053<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,167<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Other assets:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Net CCAs placed in service</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,968<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,864<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">CCAs in process</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">16,508<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">20,529<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">6,194<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Refer to the section titled “Recoverability of Definite-Lived Intangible and Other Long-Lived Assets” below, within</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:246.58pt">this footnote, for further information on an impairment of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:11.1pt"> a </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.18pt;position:var(--position);text-decoration:none;white-space:pre;width:20.55pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.73pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt"> re</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.39pt;position:var(--position);text-decoration:none;white-space:pre;width:80.56pt">corded during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.95pt;position:var(--position);text-decoration:none;white-space:pre;width:122.24pt">year ended March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.19pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:138.71pt">Property and Equipment, Net.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.21pt;position:var(--position);text-decoration:none;white-space:pre;width:5.13pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.34pt;position:var(--position);text-decoration:none;white-space:pre;width:369.13pt">Property and equipment are stated at cost less accumulated depreciation, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:175.58pt">generally have a useful life of at least </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.08pt;position:var(--position);text-decoration:none;white-space:pre;width:39.4pt">one year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.48pt;position:var(--position);text-decoration:none;white-space:pre;width:297.9pt">. Property and equipment include tangible, non-consumable items</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">owned by the Company. Software implementation costs are capitalized if they are incurred during the application</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">development stage and relate to costs to obtain computer software from third parties, including related consulting</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">expenses, or costs incurred to modify existing software that results in additional upgrades or enhancements that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:135.92pt">provide additional functionality.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">Depreciation of property and equipment is calculated using the straight-line method based on the estimated useful</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.85pt">life. Leasehold improvements are amortized to their residual value, if any, on the straight-line basis over their</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">estimated economic useful lives or the lease term, whichever is shorter. Changes in the estimate of the useful life of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">an asset may occur after an asset is placed in service. For example, this may occur as a result of the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">incurring costs that prolong the useful life of an asset, which would be recorded as an adjustment to depreciation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:290.76pt">over the revised remaining useful life. Depreciation is recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.26pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.46pt;position:var(--position);text-decoration:none;white-space:pre;width:75.87pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.33pt;position:var(--position);text-decoration:none;white-space:pre;width:119.04pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.25pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.75pt;position:var(--position);text-decoration:none;white-space:pre;width:5.99pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.74pt;position:var(--position);text-decoration:none;white-space:pre;width:56.12pt">Depreciation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.86pt;position:var(--position);text-decoration:none;white-space:pre;width:24.22pt"> was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.08pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$74,590</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.21000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:5.99pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.2pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$67,579</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.33pt;position:var(--position);text-decoration:none;white-space:pre;width:25.89pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.22pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$54,958</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.35pt;position:var(--position);text-decoration:none;white-space:pre;width:51.34pt"> during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.69pt;position:var(--position);text-decoration:none;white-space:pre;width:129.04pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.73pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:24.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.97pt;position:var(--position);text-decoration:none;white-space:pre;width:60.35pt">, respectively.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:473.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:211.22pt">Operating Lease Assets and Lease Liabilities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.72pt;position:var(--position);text-decoration:none;white-space:pre;width:4.28pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:265pt;position:var(--position);text-decoration:none;white-space:pre;width:297.41pt">The Company determines if an arrangement contains a lease at</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.84pt">inception of a contract. The Company recognizes operating lease assets and lease liabilities in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.34pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:497.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.94pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.44pt;position:var(--position);text-decoration:none;white-space:pre;width:444.93pt"> on the lease commencement date, based on the present value of the outstanding lease payments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">over the reasonably certain lease term. The lease term includes the non-cancelable period at the lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">commencement date, plus any additional period covered by the Company’s option to extend (or not to terminate)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:533.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the lease that is reasonably certain to be exercised, or an option to extend (or not to terminate) a lease that is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:545.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:104.99pt">controlled by the lessor.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">Operating lease assets are initially measured at cost, which comprises the initial amount of the associated lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">liabilities, adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">incurred, less any lease incentives, such as tenant allowances. Operating lease assets are subsequently measured</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">throughout the lease term at the carrying amount of the associated lease liabilities, plus initial direct costs, plus or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">minus any prepaid or accrued lease payments, less the unamortized balance of lease incentives received.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:355.96pt">Operating lease assets and lease liabilities are presented separately in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.46pt;position:var(--position);text-decoration:none;white-space:pre;width:130.46pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> on a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">discounted basis. The current portion of operating lease liabilities is presented within current liabilities, while the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:651.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:374.78pt">long-term portion is presented separately as long-term operating lease liabilities. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.28pt;position:var(--position);text-decoration:none;white-space:pre;width:41.83pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.11pt;position:var(--position);text-decoration:none;white-space:pre;width:80.17pt">Note 7, “Leases,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:546.28pt;position:var(--position);text-decoration:none;white-space:pre;width:7.3pt"> f</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:8.89pt">or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:501.07pt">further information on the discount rate methodology used to measure operating lease assets and lease liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">Rent expense for operating lease payments is recognized on a straight-line basis over the lease term and recorded</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:12.47pt">in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:61.97pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.17pt;position:var(--position);text-decoration:none;white-space:pre;width:83.23pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.4pt;position:var(--position);text-decoration:none;white-space:pre;width:232.13pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.53pt;position:var(--position);text-decoration:none;white-space:pre;width:157.93pt">. Lease payments recorded in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">operating lease liabilities (1) are fixed payments, including in-substance fixed payments and fixed rate increases,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:721.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:479.51pt">owed over the lease term and (2) exclude any lease prepayments as of the periods presented. Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.01pt;position:var(--position);text-decoration:none;white-space:pre;width:33.42pt">Note 7,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:41.67pt">“Leases,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.17pt;position:var(--position);text-decoration:none;white-space:pre;width:471.27pt"> for further information on the nature of variable lease payments and the timing of recognition of rent</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.57pt">expense.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:133pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">The Company has elected not to recognize operating lease assets and lease liabilities for short-term leases, which</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.79pt">are defined as those operating leases with </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.29pt;position:var(--position);text-decoration:none;white-space:pre;width:129.47pt">a term of 12 months or less</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.76pt;position:var(--position);text-decoration:none;white-space:pre;width:183.61pt">. Instead, lease payments for short-term</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">leases are recognized on a straight-line basis over the lease term in rent expense and recorded as a component of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.7pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.25pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:191pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">The Company monitors for events that require a change in estimates for its operating lease assets and lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">liabilities, such as modifications to the terms of the contract, including the lease term, economic events that may</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">trigger a contractual term contingency, such as minimum lease payments or termination rights, and related changes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">in discount rates used to measure the operating lease assets and lease liabilities, as well as events or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">circumstances that result in lease abandonment or operating lease asset impairments. When a change in estimates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">results in the remeasurement of the operating lease liabilities, a corresponding adjustment is made to the carrying</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">amount of the operating lease assets. The operating lease assets are remeasured and amortized on a straight-line</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:423.36pt">basis over the remaining lease term, with no impact on the related operating lease liabilities. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.86pt;position:var(--position);text-decoration:none;white-space:pre;width:89.55pt">Refer to the section</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">titled “Recoverability of Definite-Lived Intangible and Other Long-Lived Assets” below, within this footnote, for further</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">information on the Company’s accounting policy for evaluating the carrying amount of its operating lease assets and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:267.74pt">related leasehold improvements for indicators of impairment.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:148.32pt">Asset Retirement Obligations (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:197.82pt;position:var(--position);text-decoration:none;white-space:pre;width:21.65pt">ARO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:219.47pt;position:var(--position);text-decoration:none;white-space:pre;width:11.1pt">s).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.57pt;position:var(--position);text-decoration:none;white-space:pre;width:331.92pt"> The Company is contractually obligated under certain of its lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">agreements to restore certain retail, office, and warehouse facilities back to their original conditions. At lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">inception, the present value of the estimated fair value of these liabilities is recorded along with the related asset.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">The liability is estimated based on assumptions requiring management’s judgment, including facility closing costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:389.34pt">and discount rates, and is accreted to its projected future value over the life of the asset.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.5pt">The Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122pt;position:var(--position);text-decoration:none;white-space:pre;width:21.65pt">ARO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.65pt;position:var(--position);text-decoration:none;white-space:pre;width:218.13pt">s are recorded in other long-term liabilities in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.78pt;position:var(--position);text-decoration:none;white-space:pre;width:126.6pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.38pt;position:var(--position);text-decoration:none;white-space:pre;width:74pt"> and activity was</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.65pt">as follows:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:437pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.89pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,118<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">25,686<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions and changes in estimate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">8,152<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,192<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities settled during the period</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(735)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(732)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accretion expenses</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,122<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">927<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign currency translation gains</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">133<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">45<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">36,790<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,118<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.72pt">Goodwill and Indefinite-Lived Intangible Assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:264.22pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.99pt;position:var(--position);text-decoration:none;white-space:pre;width:295.43pt"> Goodwill represents the excess of the purchase price over the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:311.72pt">estimated fair value of net assets acquired in a business combination. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.22pt;position:var(--position);text-decoration:none;white-space:pre;width:25.85pt">As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.07pt;position:var(--position);text-decoration:none;white-space:pre;width:69.77pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.84pt;position:var(--position);text-decoration:none;white-space:pre;width:25.31pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.15pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.39pt;position:var(--position);text-decoration:none;white-space:pre;width:58.08pt">, the carrying</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:159.72pt">value of goodwill recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.22pt;position:var(--position);text-decoration:none;white-space:pre;width:130.68pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.9pt;position:var(--position);text-decoration:none;white-space:pre;width:27.86pt"> was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.76pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$13,990</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.89pt;position:var(--position);text-decoration:none;white-space:pre;width:70.67pt">, consisting of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:474.56pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$7,889</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.13pt;position:var(--position);text-decoration:none;white-space:pre;width:26.76pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.89pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$6,101</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.9pt">attributable to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.4pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.16pt;position:var(--position);text-decoration:none;white-space:pre;width:54.49pt"> brand and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.65pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.41pt;position:var(--position);text-decoration:none;white-space:pre;width:33.73pt"> brand </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.14pt;position:var(--position);text-decoration:none;white-space:pre;width:133.19pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.33pt;position:var(--position);text-decoration:none;white-space:pre;width:157.07pt">s, respectively. The Company also</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:312.42pt">holds an indefinite-lived intangible asset for a trademark related to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.92pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.04pt;position:var(--position);text-decoration:none;white-space:pre;width:33.61pt"> brand. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.65pt;position:var(--position);text-decoration:none;white-space:pre;width:25.81pt">As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:442.46pt;position:var(--position);text-decoration:none;white-space:pre;width:69.73pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.19pt;position:var(--position);text-decoration:none;white-space:pre;width:25.27pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.46pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.78pt">the carrying value of the indefinite-lived intangible asset recorded within other intangible assets in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.28pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.24pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.74pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt"> was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.06pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$15,454</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.19pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">Goodwill and indefinite-lived intangible assets are not amortized and are assessed for impairment at least annually</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">and if events or changes in circumstances indicate that the carrying value may not be recoverable. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:485.2pt">performs its annual goodwill assessment at the reporting unit level (the wholesale channel of each of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.7pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.59pt">brand and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.09pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.85pt;position:var(--position);text-decoration:none;white-space:pre;width:440.55pt"> brand) as of December 31st and performs its annual indefinite-lived intangible asset assessment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.19pt">for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.69pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.81pt;position:var(--position);text-decoration:none;white-space:pre;width:279.09pt"> brand as of October 31st. When evaluating for impairment, t</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.9pt;position:var(--position);text-decoration:none;white-space:pre;width:179.55pt">he Company first performs a qualitative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:721.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">assessment. If the qualitative assessment indicates potential impairment, the Company performs a quantitative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:733.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">assessment to estimate fair value using discounted cash flow models (such as an income approach) and other</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.71pt">market-based valuation techniques. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.21pt;position:var(--position);text-decoration:none;white-space:pre;width:350.2pt">An impairment charge is recognized for the excess of the carrying value over</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.7pt">fair value.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.2pt;position:var(--position);text-decoration:none;white-space:pre;width:4.15pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.35pt;position:var(--position);text-decoration:none;white-space:pre;width:12.78pt">No</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:111.13pt;position:var(--position);text-decoration:none;white-space:pre;width:86.08pt"> impairment losses</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.21pt;position:var(--position);text-decoration:none;white-space:pre;width:365.15pt"> were recorded for goodwill or indefinite-lived intangible assets during the years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:31.69pt">ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.19pt;position:var(--position);text-decoration:none;white-space:pre;width:71.69pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.88pt;position:var(--position);text-decoration:none;white-space:pre;width:6.66pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.78pt;position:var(--position);text-decoration:none;white-space:pre;width:27.23pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.01pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.25pt;position:var(--position);text-decoration:none;white-space:pre;width:218.91pt">. Accumulated goodwill impairment losses were </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.16pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$15,831</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.29pt;position:var(--position);text-decoration:none;white-space:pre;width:30.56pt"> as of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.85pt;position:var(--position);text-decoration:none;white-space:pre;width:45.56pt">March 31,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:24.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.35pt">Definite-Lived Intangible and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:190.85pt;position:var(--position);text-decoration:none;white-space:pre;width:120.7pt">Other Long-Lived Assets.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.55pt;position:var(--position);text-decoration:none;white-space:pre;width:250.94pt"> Definite-lived intangible assets include definite-lived</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.36pt">trademarks. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.86pt;position:var(--position);text-decoration:none;white-space:pre;width:28.27pt">As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.13pt;position:var(--position);text-decoration:none;white-space:pre;width:72.19pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.32pt;position:var(--position);text-decoration:none;white-space:pre;width:27.73pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.05pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:257.28pt">, the definite-lived intangible asset net carrying value is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.5699999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:46.1pt">immaterial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">Other long-lived assets include operating lease assets and property and equipment (primarily machinery and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:193.32pt">equipment, internal-use software (including </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.82pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.91999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:181.1pt">s), and related leasehold improvements).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.02pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">Definite-lived intangible and other long-lived assets are amortized on a straight-line basis over their estimated useful</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">lives. Definite-lived intangible assets and other long-lived assets are reviewed for impairment at the asset group</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">level, which is the lowest level for which identifiable cash flows are largely independent, when events or changes in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">circumstances indicate that the carrying amount may not be recoverable. If indicators are present, recoverability is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">assessed by comparing the carrying value of the asset group to estimated undiscounted future cash flows; if not</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">recoverable, an impairment loss is recognized for the excess of carrying value over estimated fair value. Estimated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">fair value is generally determined using discounted future cash flows or other market -based valuation techniques.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:211.91pt">Impairment losses, if any, are recorded within </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.61pt;position:var(--position);text-decoration:none;white-space:pre;width:80.59pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.2pt;position:var(--position);text-decoration:none;white-space:pre;width:193.23pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:12.78pt">No</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:62.28pt;position:var(--position);text-decoration:none;white-space:pre;width:368.9pt"> impairment indicators for definite-lived intangible assets were identified during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.18pt;position:var(--position);text-decoration:none;white-space:pre;width:128.48pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt">and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.48pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.49000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:53.24pt"> During the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:124.36pt">year ended March 31, 2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:126.53pt">, the Company recorded an </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.62pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$8,164</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.19pt;position:var(--position);text-decoration:none;white-space:pre;width:105.97pt"> impairment loss within </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.1600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.15pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.65pt;position:var(--position);text-decoration:none;white-space:pre;width:235.61pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.26pt;position:var(--position);text-decoration:none;white-space:pre;width:75.02pt"> related to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.28pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">Sanuk</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.62pt;position:var(--position);text-decoration:none;white-space:pre;width:92.8pt"> brand definite-lived</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:280.81pt">trademark in the Other brands reportable operating segment. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.31pt;position:var(--position);text-decoration:none;white-space:pre;width:232.15pt">The impairment was driven by lower-than-expected</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">results of operations in the wholesale channel, which resulted in the carrying value exceeding its estimated fair</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:251.09pt">value, determined by using discounted future cash flows.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:12.78pt">No</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:62.28pt;position:var(--position);text-decoration:none;white-space:pre;width:218.98pt"> impairment indicators for other long-lived assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.26pt;position:var(--position);text-decoration:none;white-space:pre;width:174.68pt"> were identified during the year ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.94pt;position:var(--position);text-decoration:none;white-space:pre;width:70.79pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.73pt;position:var(--position);text-decoration:none;white-space:pre;width:6.21pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.94pt;position:var(--position);text-decoration:none;white-space:pre;width:29.45pt">During</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.95pt">the years ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.45pt;position:var(--position);text-decoration:none;white-space:pre;width:72.45pt">March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.9pt;position:var(--position);text-decoration:none;white-space:pre;width:27.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.89pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.13pt;position:var(--position);text-decoration:none;white-space:pre;width:222.14pt">, the Company recorded impairment charges of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.27pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$4,290</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.84pt;position:var(--position);text-decoration:none;white-space:pre;width:25.22pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.06pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$1,015</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.63pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:52.04pt">respectively</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.53999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:38.04pt">, within </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.78pt;position:var(--position);text-decoration:none;white-space:pre;width:83.91pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.69pt;position:var(--position);text-decoration:none;white-space:pre;width:232.81pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.97pt">. The impairment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:185.66pt">charge recorded during the year ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.16pt;position:var(--position);text-decoration:none;white-space:pre;width:72.81pt">March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.97pt;position:var(--position);text-decoration:none;white-space:pre;width:190.6pt">, related primarily to an underperforming </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.57pt;position:var(--position);text-decoration:none;white-space:pre;width:20.55pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.12pt;position:var(--position);text-decoration:none;white-space:pre;width:43.36pt"> and was</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">included within unallocated enterprise and shared brand expenses. The impairment charge recorded during the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:55.67pt">year ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.17pt;position:var(--position);text-decoration:none;white-space:pre;width:72.33pt">March 31, 2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.5pt;position:var(--position);text-decoration:none;white-space:pre;width:384.98pt">, related primarily to underperformance of certain retail store‑related operating lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:240.54pt">assets and related leasehold improvements within the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.8pt;position:var(--position);text-decoration:none;white-space:pre;width:50.56pt"> brand and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.36pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.12pt;position:var(--position);text-decoration:none;white-space:pre;width:31.11pt"> brand </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.23pt;position:var(--position);text-decoration:none;white-space:pre;width:130.57pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:552.8pt;position:var(--position);text-decoration:none;white-space:pre;width:7.77pt">s.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.16pt">Derivative Instruments and Hedging Activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:304.79pt"> The Company may use derivative instruments to partially offset its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">business exposure to foreign currency risk on expected cash flows and certain existing assets and liabilities,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:533pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">primarily intercompany balances. To reduce the volatility in earnings from fluctuations in foreign currency exchange</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:545pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">rates, the Company may hedge a portion of forecasted sales denominated in foreign currencies. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:260.84pt">enters into foreign currency forward or option contracts (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.34pt;position:var(--position);text-decoration:none;white-space:pre;width:87.67pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.01pt;position:var(--position);text-decoration:none;white-space:pre;width:153.25pt">), generally with maturities up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:551.26pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">18</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.78pt">months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.28pt;position:var(--position);text-decoration:none;white-space:pre;width:282.2pt"> or less to manage foreign currency risk and certain of these </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.48pt;position:var(--position);text-decoration:none;white-space:pre;width:87.26pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.74pt;position:var(--position);text-decoration:none;white-space:pre;width:110.76pt"> are designated as cash</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:152.99pt">flow hedges of forecasted sales (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.49pt;position:var(--position);text-decoration:none;white-space:pre;width:50.57pt">Designated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.06pt;position:var(--position);text-decoration:none;white-space:pre;width:266.61pt"> Derivative Contracts). The Company may also enter into </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:42.78pt">derivative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.55pt">contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.05pt;position:var(--position);text-decoration:none;white-space:pre;width:207.75pt"> that are not designated as cash flow hedges (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.8pt;position:var(--position);text-decoration:none;white-space:pre;width:165.73pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.53pt;position:var(--position);text-decoration:none;white-space:pre;width:98.83pt">), to offset a portion of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">anticipated gains and losses on certain intercompany balances until the expected time of repayment. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60pt">does not use </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.6pt;position:var(--position);text-decoration:none;white-space:pre;width:94.43pt"> for trading purposes.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.57pt">Designated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.07pt;position:var(--position);text-decoration:none;white-space:pre;width:23.42pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.49pt;position:var(--position);text-decoration:none;white-space:pre;width:166.19pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.68pt;position:var(--position);text-decoration:none;white-space:pre;width:272.69pt"> are recorded at fair value measured using Level 2 fair value</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:651pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">inputs, consisting of quoted forward spot rates from counterparties at the end of the applicable periods, which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">corroborated by market-based pricing. The related assets and liabilities are classified based on their maturity dates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:675pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.83pt">and recorded in other current assets or other assets, and in other accrued expenses or other long-term liabilities, as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:687pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.77pt">applicable, in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.27pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:7.22pt">C</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:56.72pt;position:var(--position);text-decoration:none;white-space:pre;width:123.56pt">hanges in the fair value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.28pt;position:var(--position);text-decoration:none;white-space:pre;width:145.44pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.72pt;position:var(--position);text-decoration:none;white-space:pre;width:129.59pt"> are recorded, net of tax, in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.31pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.07pt;position:var(--position);text-decoration:none;white-space:pre;width:33.16pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.23pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.81pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.31pt;position:var(--position);text-decoration:none;white-space:pre;width:196.86pt"> and in accumulated other comprehensive </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.17pt;position:var(--position);text-decoration:none;white-space:pre;width:17.78pt">loss</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.95pt;position:var(--position);text-decoration:none;white-space:pre;width:7.52pt"> (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.47pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.68pt;position:var(--position);text-decoration:none;white-space:pre;width:37.57pt">) in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.25pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.65pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.15pt;position:var(--position);text-decoration:none;white-space:pre;width:141.45pt">. Amounts are reclassified from </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.6pt;position:var(--position);text-decoration:none;white-space:pre;width:26.84pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.44pt;position:var(--position);text-decoration:none;white-space:pre;width:86.31pt"> to net sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.75pt;position:var(--position);text-decoration:none;white-space:pre;width:190.68pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:237.48pt"> when the related sales are recognized and to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.21pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.41pt;position:var(--position);text-decoration:none;white-space:pre;width:89.99pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.4pt;position:var(--position);text-decoration:none;white-space:pre;width:126.1pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.11pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.61pt;position:var(--position);text-decoration:none;white-space:pre;width:409.89pt"> after maturity. When it is probable that a forecasted transaction will not occur, the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:315.33pt">discontinues hedge accounting and the accumulated gains or losses in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.83pt;position:var(--position);text-decoration:none;white-space:pre;width:26.84pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.67pt;position:var(--position);text-decoration:none;white-space:pre;width:170.73pt"> related to the hedging relationship are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.34pt">immediately recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.84pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.6pt;position:var(--position);text-decoration:none;white-space:pre;width:32.44pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.04pt;position:var(--position);text-decoration:none;white-space:pre;width:227.73pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.77pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.54pt;position:var(--position);text-decoration:none;white-space:pre;width:120.87pt"> The Company includes all</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:285.24pt">hedge components in its assessment of effectiveness for its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.74pt;position:var(--position);text-decoration:none;white-space:pre;width:88.19pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.93pt;position:var(--position);text-decoration:none;white-space:pre;width:50.12pt">. Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.05pt;position:var(--position);text-decoration:none;white-space:pre;width:89.38pt">Note 4, “Fair Value</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.22pt">Measurements,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.72pt;position:var(--position);text-decoration:none;white-space:pre;width:286.01pt"> for further information on the fair value of derivative instruments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:144.7pt">Changes in the fair value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.2pt;position:var(--position);text-decoration:none;white-space:pre;width:171.75pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.95pt;position:var(--position);text-decoration:none;white-space:pre;width:86.29pt"> are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:452.24pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.44pt;position:var(--position);text-decoration:none;white-space:pre;width:82.92pt"> expenses in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:231.85pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.35pt;position:var(--position);text-decoration:none;white-space:pre;width:281.05pt">. The changes in fair value for these contracts are generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">offset by the remeasurement gains or losses associated with the underlying foreign currency-denominated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.15pt">intercompany balances, which are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.65pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.85pt;position:var(--position);text-decoration:none;white-space:pre;width:79.87pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.72pt;position:var(--position);text-decoration:none;white-space:pre;width:192.69pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:235.45pt">The Company generally enters into over-the-counter </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.95pt;position:var(--position);text-decoration:none;white-space:pre;width:86.27pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.22pt;position:var(--position);text-decoration:none;white-space:pre;width:191.21pt"> with high-credit-quality counterparties, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">therefore considers the risk that counterparties fail to perform according to the terms of the contract as low. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:470.1pt">Company factors the nonperformance risk of the counterparties into the fair value measurements of its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.6pt;position:var(--position);text-decoration:none;white-space:pre;width:42.78pt">derivative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.55pt">contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.05pt;position:var(--position);text-decoration:none;white-space:pre;width:6.01pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.06pt;position:var(--position);text-decoration:none;white-space:pre;width:39.25pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.31pt;position:var(--position);text-decoration:none;white-space:pre;width:150.8pt">Note 10, “Derivative Instruments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.11pt;position:var(--position);text-decoration:none;white-space:pre;width:276.36pt"> for further information on the impact of derivative instruments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.89pt">and hedging activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:128.06pt">Stock Repurchase Program.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.56pt;position:var(--position);text-decoration:none;white-space:pre;width:384.86pt"> Repurchased shares of the Company’s common stock are retired. The par value of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">repurchased shares is deducted from common stock, and the excess repurchase price over par value as well as the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:303.52pt">portion due for excise taxes, is allocated to retained earnings in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.02pt;position:var(--position);text-decoration:none;white-space:pre;width:126.92pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.71pt;position:var(--position);text-decoration:none;white-space:pre;width:42.25pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.96pt;position:var(--position);text-decoration:none;white-space:pre;width:37.42pt">Note 11,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.86pt">“Stockholders’ Equity,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.36pt;position:var(--position);text-decoration:none;white-space:pre;width:303.1pt"> for further information on the Company’s stock repurchase program.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:99.37pt">Revenue Recognition.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.87pt;position:var(--position);text-decoration:none;white-space:pre;width:413.61pt"> Revenue is recognized when a performance obligation is completed at a point in time and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">when the customer has obtained control. Control passes to the customer when they have the ability to direct the use</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">of and obtain substantially all the remaining benefits from the goods transferred. The amount of revenue recognized</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">is based on the transaction price, which represents the invoiced amount less known actual amounts or estimates of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">variable consideration. The Company recognizes revenue at the transaction price, net of variable consideration,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">including sales returns and allowances for sales discounts and chargebacks, and excludes taxes that are collected</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">from customers and remitted to governmental authorities, such as sales, use, certain excise, and value-added</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:485.7pt">taxes. Revenue excludes fees and sales commissions, which are expensed as incurred and are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.2pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.03pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.53pt;position:var(--position);text-decoration:none;white-space:pre;width:231.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.98pt;position:var(--position);text-decoration:none;white-space:pre;width:203.43pt">. The Company’s customer contracts do not</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:384.32pt">have a significant financing component due to their short durations, which are typically </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.82pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">e</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.38pt;position:var(--position);text-decoration:none;white-space:pre;width:48.83pt">ffective for </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.21pt;position:var(--position);text-decoration:none;white-space:pre;width:38.98pt">one year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.19pt;position:var(--position);text-decoration:none;white-space:pre;width:35.14pt"> or less,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:192.76pt">and have payment terms that are generally </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.26pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">30</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.38pt;position:var(--position);text-decoration:none;white-space:pre;width:13.87pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.25pt;position:var(--position);text-decoration:none;white-space:pre;width:35.01pt">60 days</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.26pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">Wholesale and international distributor revenue is recognized either when products are shipped or when delivered,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">depending on the applicable contract terms. Retail store and e-commerce revenue transactions are recognized at</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">the point of sale and upon shipment, respectively. Shipping and handling costs paid to third-party shipping</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:218.51pt">companies are recorded as cost of sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.01pt;position:var(--position);text-decoration:none;white-space:pre;width:228.49pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.5pt;position:var(--position);text-decoration:none;white-space:pre;width:65.91pt">. Shipping and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">handling costs are a fulfillment service, and, for certain wholesale and all e-commerce transactions, revenue is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:389.72pt">recognized when the customer is deemed to obtain control upon the date of shipment.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.22pt;position:var(--position);text-decoration:none;white-space:pre;width:43.33pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.55pt;position:var(--position);text-decoration:none;white-space:pre;width:79.83pt">Note 2, “Revenue</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:629pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:192.33pt">Recognition and Business Concentrations,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:241.83pt;position:var(--position);text-decoration:none;white-space:pre;width:320.65pt"> for further information regarding the Company’s components of variable</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:641pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:62.23pt">consideration.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.92pt">Cost of Sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:110.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.19pt;position:var(--position);text-decoration:none;white-space:pre;width:193.74pt"> Cost of sales for the Company’s goods is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.93pt;position:var(--position);text-decoration:none;white-space:pre;width:255.41pt">primarily for finished goods, as well as related overhead.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:675pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Finished goods include material costs, including commodities, for products; allocation of initial molds; and tooling</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:687pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">cost that are amortized based on minimum contractual quantities of related product and recorded in cost of sales in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:699pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.16pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.61pt;position:var(--position);text-decoration:none;white-space:pre;width:113.31pt"> when the product is sold.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.05pt">Distribution Costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:128.55pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.32pt;position:var(--position);text-decoration:none;white-space:pre;width:3.51pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:427.56pt">Distribution costs include payroll and related costs, rent and occupancy, depreciation and other</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.88pt">related costs, and other </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.38pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.58pt;position:var(--position);text-decoration:none;white-space:pre;width:373.87pt"> expenses within other segment items for owned warehousing, third-party logistics</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.79pt">provider (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:17.78pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.07pt;position:var(--position);text-decoration:none;white-space:pre;width:452.35pt">) service fees, and receiving, inspecting, allocating, and packaging product. Distribution costs include</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">fixed costs and variable costs that fluctuate with net sales and are expensed as incurred, which are primarily</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:283.7pt">included in unallocated enterprise and shared brand expenses.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.2pt;position:var(--position);text-decoration:none;white-space:pre;width:3.53pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.73pt;position:var(--position);text-decoration:none;white-space:pre;width:113.02pt">Such costs amounted to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.75pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$266,237</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.44pt;position:var(--position);text-decoration:none;white-space:pre;width:6.3pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.74pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$279,090</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:22.98pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$238,312</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.19pt;position:var(--position);text-decoration:none;white-space:pre;width:35.6pt"> for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.79pt;position:var(--position);text-decoration:none;white-space:pre;width:129.56pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.35pt;position:var(--position);text-decoration:none;white-space:pre;width:6.12pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.47pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:26.15pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.86pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.1pt;position:var(--position);text-decoration:none;white-space:pre;width:156.05pt">, respectively, and are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.15pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.35pt;position:var(--position);text-decoration:none;white-space:pre;width:46.15pt"> expenses</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.59pt">in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.09pt;position:var(--position);text-decoration:none;white-space:pre;width:227.21pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.3pt;position:var(--position);text-decoration:none;white-space:pre;width:45.92pt">. Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.22pt;position:var(--position);text-decoration:none;white-space:pre;width:196.06pt">Note 13, “Reportable Operating Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.28pt;position:var(--position);text-decoration:none;white-space:pre;width:15.12pt"> for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:394.83pt">further information on the Company’s unallocated enterprise and shared brand expenses.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:205pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.66pt">Research and Development Costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:204.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.93pt;position:var(--position);text-decoration:none;white-space:pre;width:3.58pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.51pt;position:var(--position);text-decoration:none;white-space:pre;width:351.98pt">Research and development (R&amp;D) costs include payroll and related costs and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:26.15pt">other </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.65pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.85pt;position:var(--position);text-decoration:none;white-space:pre;width:172.97pt"> expenses within other segment items.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.82pt;position:var(--position);text-decoration:none;white-space:pre;width:286.54pt"> R&amp;D costs are expensed as incurred, and included within each</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:254.01pt">reportable operating segment, as applicable, as well as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.51pt;position:var(--position);text-decoration:none;white-space:pre;width:229.65pt">unallocated enterprise and shared brand expenses</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.1600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.9300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:26.47pt"> Such</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.94pt">costs amounted to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.44pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$68,899</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.57pt;position:var(--position);text-decoration:none;white-space:pre;width:8.71pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.28pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$56,676</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.41pt;position:var(--position);text-decoration:none;white-space:pre;width:31.33pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.74pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$49,171</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.87pt;position:var(--position);text-decoration:none;white-space:pre;width:43.37pt"> for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.24pt;position:var(--position);text-decoration:none;white-space:pre;width:139.92pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.16pt;position:var(--position);text-decoration:none;white-space:pre;width:8.71pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.87pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.11pt;position:var(--position);text-decoration:none;white-space:pre;width:31.33pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.44pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:150.13pt">respectively, and are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.63pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.83pt;position:var(--position);text-decoration:none;white-space:pre;width:78.03pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.86pt;position:var(--position);text-decoration:none;white-space:pre;width:226.93pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.79pt;position:var(--position);text-decoration:none;white-space:pre;width:30.6pt">. Refer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.57pt">to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:61.07pt;position:var(--position);text-decoration:none;white-space:pre;width:195.18pt">Note 13, “Reportable Operating Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.25pt;position:var(--position);text-decoration:none;white-space:pre;width:306.24pt"> for further information on the Company’s unallocated enterprise and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:107.25pt">shared brand expenses.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:221pt">Advertising, Marketing, and Promotion Expenses</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:270.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.27pt;position:var(--position);text-decoration:none;white-space:pre;width:289.16pt"> Advertising, marketing, and promotion expenses include media</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">advertising (television, radio, print, social, digital), tactical advertising (signs, banners, point-of-sale materials) and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:156.04pt">other promotional costs; and are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.54pt;position:var(--position);text-decoration:none;white-space:pre;width:356.94pt">specific to the Company’s brands and allocated to each reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:105.44pt">segment, as applicable.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.94pt;position:var(--position);text-decoration:none;white-space:pre;width:55.08pt"> Such costs </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.02pt;position:var(--position);text-decoration:none;white-space:pre;width:58.77pt">amounted to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$495,838</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.48pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.24pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$432,198</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.93pt;position:var(--position);text-decoration:none;white-space:pre;width:25.43pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.36pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$348,852</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.05pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt"> f</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.81pt;position:var(--position);text-decoration:none;white-space:pre;width:28.76pt">or the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.57pt;position:var(--position);text-decoration:none;white-space:pre;width:102.89pt">years ended March 31,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:8.49pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.23pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.47pt;position:var(--position);text-decoration:none;white-space:pre;width:28.12pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.59pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:170.27pt">, respectively, and are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.1pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.3pt;position:var(--position);text-decoration:none;white-space:pre;width:87.35pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.65pt;position:var(--position);text-decoration:none;white-space:pre;width:124.78pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.08pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:409.92pt">. Advertising costs are expensed the first time the advertisement is run or communicated. All</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:356.13pt">other costs of advertising, marketing, and promotion are expensed as incurred. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.63pt;position:var(--position);text-decoration:none;white-space:pre;width:156.76pt">Included in prepaid expenses as of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:383pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:73.35pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.85pt;position:var(--position);text-decoration:none;white-space:pre;width:28.89pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.74pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:23.89pt"> are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.87pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$3,519</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.44pt;position:var(--position);text-decoration:none;white-space:pre;width:26.12pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:254.56pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$4,045</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.13pt;position:var(--position);text-decoration:none;white-space:pre;width:277.31pt">, respectively, related to prepaid advertising, marketing, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:328.86pt">promotion expenses for programs expected to take place after such dates.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:126.44pt">Stock-Based Compensation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:175.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.71pt;position:var(--position);text-decoration:none;white-space:pre;width:383.79pt"> All of the Company’s stock-based compensation is classified within stockholders’</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">equity. Stock-based compensation expense is measured at the grant date based on the fair value of the award and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:147.17pt">is recorded, net of forfeitures, in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.67pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.87pt;position:var(--position);text-decoration:none;white-space:pre;width:78.15pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.02pt;position:var(--position);text-decoration:none;white-space:pre;width:227.05pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.0699999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:33.42pt"> ratably</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:396.11pt">over the vesting period. The grant date fair value of time-based restricted stock units (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.61pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.71pt;position:var(--position);text-decoration:none;white-space:pre;width:95.72pt">s) and of employees’</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">purchase rights under the employee stock purchase plans is determined based on the closing market price of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:477pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:216.78pt">Company’s common stock on the date of grant. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.28pt;position:var(--position);text-decoration:none;white-space:pre;width:296.09pt">The grant date fair value of long-term incentive plan performance-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.1pt">based stock units (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.6pt;position:var(--position);text-decoration:none;white-space:pre;width:43.74pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);text-decoration:none;white-space:pre;width:385.12pt">s), which include a market condition based on the Company’s relative total stockholder</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.32pt">return (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.82pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt">TSR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.8pt;position:var(--position);text-decoration:none;white-space:pre;width:460.57pt">) as well as financial performance conditions and service requirements, is estimated as of the grant date</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:137.21pt">using a Monte Carlo simulation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.71pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">Determining the fair value and related expense of stock-based compensation requires judgment, including</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">estimating the percentage of awards that will be forfeited and probabilities of meeting the awards’ performance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.21pt">criteria, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:476.66pt">as well as the Company’s reliance on the closing price of its stock on the New York Stock Exchange at or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:571pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:101.3pt">near the time of grant.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.8pt;position:var(--position);text-decoration:none;white-space:pre;width:411.59pt"> If actual forfeitures differ significantly from the estimates or if probabilities change during a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:583pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">period, stock-based compensation expense and the Company’s results of operations could be materially impacted.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:595pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.41pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.91pt;position:var(--position);text-decoration:none;white-space:pre;width:175.95pt">Note 9, “Stock-Based Compensation,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.86pt;position:var(--position);text-decoration:none;white-space:pre;width:293.55pt"> for further information on grant activity, types of awards, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:607pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:259.45pt">additional disclosure related to stock-based compensation.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:629pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.65pt">Retirement Plan.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.15pt;position:var(--position);text-decoration:none;white-space:pre;width:315.66pt"> The Company provides a 401(k) defined contribution plan that eligible </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.81pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.69pt;position:var(--position);text-decoration:none;white-space:pre;width:108.68pt"> employees may elect to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:641pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:301.59pt">participate through tax-deferred contributions or other deferrals. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.09pt;position:var(--position);text-decoration:none;white-space:pre;width:114.02pt">The Company matches </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.11pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.12pt;position:var(--position);text-decoration:none;white-space:pre;width:77.36pt"> of each eligible</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:147.36pt">participant’s deferrals on up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.86pt;position:var(--position);text-decoration:none;white-space:pre;width:14.45pt">6%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.31pt;position:var(--position);text-decoration:none;white-space:pre;width:351.08pt"> of eligible compensation. Internationally, the Company has various defined</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">contribution plans. Certain international locations require mandatory contributions under social programs, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:677pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.32pt">Company contributes at least the statutory minimums</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.82pt;position:var(--position);text-decoration:none;white-space:pre;width:7.01pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.83000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.71pt;position:var(--position);text-decoration:none;white-space:pre;width:176.77pt"> 401(k) matching contributions totaled </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.48pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$6,824</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.05pt;position:var(--position);text-decoration:none;white-space:pre;width:7.01pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.06pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$6,528</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.63pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:689pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.84pt">and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.34pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$5,129</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.91pt;position:var(--position);text-decoration:none;white-space:pre;width:50pt"> during the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.91pt;position:var(--position);text-decoration:none;white-space:pre;width:4.16pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.07pt;position:var(--position);text-decoration:none;white-space:pre;width:132.8pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.87pt;position:var(--position);text-decoration:none;white-space:pre;width:6.93pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.8pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.04pt;position:var(--position);text-decoration:none;white-space:pre;width:27.77pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.81pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.05pt;position:var(--position);text-decoration:none;white-space:pre;width:168.13pt">, respectively, and were recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.02pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:232.77pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.29pt;position:var(--position);text-decoration:none;white-space:pre;width:201.19pt">. In addition, the Company may also make</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:233.21pt">discretionary profit-sharing contributions to the plan.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:48.73pt"> However, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.44pt;position:var(--position);text-decoration:none;white-space:pre;width:51.51pt">there were </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.95pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.07pt;position:var(--position);text-decoration:none;white-space:pre;width:168.38pt"> Company profit-sharing contributions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:725pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:31.09pt">for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.59pt;position:var(--position);text-decoration:none;white-space:pre;width:127.24pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.83pt;position:var(--position);text-decoration:none;white-space:pre;width:5.54pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.37pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.61pt;position:var(--position);text-decoration:none;white-space:pre;width:24.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.6pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.84000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.29pt">Non-qualified Deferred Compensation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:218.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.56pt;position:var(--position);text-decoration:none;white-space:pre;width:3.34pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.9pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:231pt;position:var(--position);text-decoration:none;white-space:pre;width:167.66pt">he Company sponsors an unfunded, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.66pt;position:var(--position);text-decoration:none;white-space:pre;width:163.75pt">non-qualified deferred compensation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.94pt">plan (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.44pt;position:var(--position);text-decoration:none;white-space:pre;width:56.14pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:71.2pt">) that provides</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.78pt;position:var(--position);text-decoration:none;white-space:pre;width:356.59pt"> certain members of its management team with the opportunity to defer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.68pt">compensation into the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.18pt;position:var(--position);text-decoration:none;white-space:pre;width:52.91pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.09pt;position:var(--position);text-decoration:none;white-space:pre;width:6.07pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.16pt;position:var(--position);text-decoration:none;white-space:pre;width:20.7pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.86pt;position:var(--position);text-decoration:none;white-space:pre;width:52.91pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.77pt;position:var(--position);text-decoration:none;white-space:pre;width:199.51pt"> year is from January 1st to December 31st.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.28pt;position:var(--position);text-decoration:none;white-space:pre;width:3.48pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.76pt;position:var(--position);text-decoration:none;white-space:pre;width:74.58pt">Participants may</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.41pt">defer up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.91pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.92pt;position:var(--position);text-decoration:none;white-space:pre;width:169.81pt"> of their annual base salary and up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.73pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">95%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.74pt;position:var(--position);text-decoration:none;white-space:pre;width:176.2pt"> of any cash incentive bonus under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.94pt;position:var(--position);text-decoration:none;white-space:pre;width:52.49pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:22.87pt">. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:390.62pt">Company may utilize a trust as an informal reserve for the benefits payable under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.12pt;position:var(--position);text-decoration:none;white-space:pre;width:52.95pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.07pt;position:var(--position);text-decoration:none;white-space:pre;width:69.27pt">, though assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459.61pt">remain subject to claims of general creditors. The Company primarily funds its obligations under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.11pt;position:var(--position);text-decoration:none;white-space:pre;width:53.34pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:189.41pt">through corporate-owned life insurance. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.91pt;position:var(--position);text-decoration:none;white-space:pre;width:323.51pt">Deferred compensation is recognized based on the fair value of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:100.51pt">participants’ accounts.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.01pt;position:var(--position);text-decoration:none;white-space:pre;width:4.77pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.78pt;position:var(--position);text-decoration:none;white-space:pre;width:42.31pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.09pt;position:var(--position);text-decoration:none;white-space:pre;width:166.1pt">Note 4, “Fair Value Measurements,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.19pt;position:var(--position);text-decoration:none;white-space:pre;width:199.26pt"> for further information on the fair value of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.66pt">deferred compensation assets and liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.44pt">Self-Insurance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:113.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.71pt;position:var(--position);text-decoration:none;white-space:pre;width:445.76pt"> The Company is self-insured for a significant portion of its employee medical, including pharmacy,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">and dental liability exposures. Liabilities for self-insured exposures are accrued for the amounts expected to be paid</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">based on historical claims experience and actuarial data for forecasted settlements of claims filed and for incurred</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.76pt">but not yet reported claims. Accruals for self-insured exposures are included in accrued payroll in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.26pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.24pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.74pt;position:var(--position);text-decoration:none;white-space:pre;width:426.02pt">. Excess liability insurance has been purchased to limit the amount of self-insured risk on claims.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.83pt">Income Taxes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:114.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.1pt;position:var(--position);text-decoration:none;white-space:pre;width:445.28pt"> Income taxes are accounted for under the asset and liability method. Deferred tax assets and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">liabilities are recognized for the future tax consequences attributable to net operating loss carryforwards and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">temporary differences between the financial statement carrying amounts of existing assets and liabilities and their</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.85pt">respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">taxable income during the years in which those temporary differences are expected to be recovered or settled. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:318.14pt">effect on deferred taxes of a change in tax rates is recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.64pt;position:var(--position);text-decoration:none;white-space:pre;width:194.7pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:207.74pt"> in the period that includes the enactment date.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:304.08pt">The Company recognizes the effect of income tax positions in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.58pt;position:var(--position);text-decoration:none;white-space:pre;width:149.42pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:503pt;position:var(--position);text-decoration:none;white-space:pre;width:59.39pt"> only if those</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">positions are more likely than not to be sustained upon examination. Recognized income tax positions are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:205.84pt">measured at the largest amount of tax benefit </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.34pt;position:var(--position);text-decoration:none;white-space:pre;width:98.2pt">that is more than 50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.54pt;position:var(--position);text-decoration:none;white-space:pre;width:208.95pt"> likely to be realized upon settlement. Changes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">in recognition or measurement are recorded in the period in which the change in judgment occurs. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.8pt">records interest and penalties accrued for income tax contingencies as interest expense in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.3pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.92pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.42pt;position:var(--position);text-decoration:none;white-space:pre;width:6.33pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.75pt;position:var(--position);text-decoration:none;white-space:pre;width:39.89pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.64pt;position:var(--position);text-decoration:none;white-space:pre;width:108.27pt">Note 5, “Income Taxes,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.91pt;position:var(--position);text-decoration:none;white-space:pre;width:190.47pt"> for further information on tax impacts and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.43pt">components of tax balances in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.93pt;position:var(--position);text-decoration:none;white-space:pre;width:147.22pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:108.21pt">Comprehensive Income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:157.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:401.92pt"> Comprehensive income or loss is the total of net earnings and all other non-owner</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">changes in equity. Comprehensive income or loss includes net income or loss, foreign currency translation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:310.06pt">adjustments, and unrealized gains and losses on cash flow hedges.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.56pt;position:var(--position);text-decoration:none;white-space:pre;width:44.8pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.36pt;position:var(--position);text-decoration:none;white-space:pre;width:142.38pt">Note 11, “Stockholders’ Equity,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:546.74pt;position:var(--position);text-decoration:none;white-space:pre;width:15.67pt"> for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:166.08pt">further information on components of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.58pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:533pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:99.65pt">Net Income per Share</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:149.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:410.58pt"> Basic net income or loss per share represents net income or loss divided by the weighted-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:545pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">average number of common shares outstanding for the period. Diluted net income or loss per share represents net</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">income or loss divided by the weighted-average number of shares outstanding, including the dilutive impact of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:171.53pt">potential issuances of common stock.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.03pt;position:var(--position);text-decoration:none;white-space:pre;width:45.16pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.19pt;position:var(--position);text-decoration:none;white-space:pre;width:168.98pt">Note 12, “Basic and Diluted Shares,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.17pt;position:var(--position);text-decoration:none;white-space:pre;width:127.31pt"> for further information on a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:349.45pt">reconciliation of basic to diluted weighted-average common shares outstanding</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> 3 <span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.34pt">Basis of Presentation</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:152.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.61pt;position:var(--position);text-decoration:none;white-space:pre;width:23.76pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.37pt;position:var(--position);text-decoration:none;white-space:pre;width:148.4pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.77pt;position:var(--position);text-decoration:none;white-space:pre;width:234.68pt"> and accompanying notes thereto (referred to herein</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:307.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.39pt">as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.89pt;position:var(--position);text-decoration:none;white-space:pre;width:149.34pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.23pt;position:var(--position);text-decoration:none;white-space:pre;width:7.16pt">) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.39pt;position:var(--position);text-decoration:none;white-space:pre;width:98.12pt">as of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.51pt;position:var(--position);text-decoration:none;white-space:pre;width:27.11pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.62pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.86pt;position:var(--position);text-decoration:none;white-space:pre;width:60.32pt">, and for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.18pt;position:var(--position);text-decoration:none;white-space:pre;width:131.48pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:319.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:25.01pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.75pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.99pt;position:var(--position);text-decoration:none;white-space:pre;width:82.79pt"> (referred to herein</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.78pt;position:var(--position);text-decoration:none;white-space:pre;width:35.57pt"> as “yea</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.35pt;position:var(--position);text-decoration:none;white-space:pre;width:71.14pt">r ended” or “yea</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.49pt;position:var(--position);text-decoration:none;white-space:pre;width:65.02pt">rs ended,” or a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.51pt;position:var(--position);text-decoration:none;white-space:pre;width:11.11pt">s “</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.62pt;position:var(--position);text-decoration:none;white-space:pre;width:70.02pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.64pt;position:var(--position);text-decoration:none;white-space:pre;width:12.21pt">,” “</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.85pt;position:var(--position);text-decoration:none;white-space:pre;width:70.02pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.87pt;position:var(--position);text-decoration:none;white-space:pre;width:25.56pt">,” and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">“</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:72.72pt">fiscal year 2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.55pt;position:var(--position);text-decoration:none;white-space:pre;width:436.87pt">,” respectively) are prepared in accordance with generally accepted accounting principles in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.08pt">United States (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.58pt;position:var(--position);text-decoration:none;white-space:pre;width:44.4pt">US GAAP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.57pt">Consolidation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:110.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:112.84pt;position:var(--position);text-decoration:none;white-space:pre;width:4.01pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.85pt;position:var(--position);text-decoration:none;white-space:pre;width:21.23pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:149.7pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.78pt;position:var(--position);text-decoration:none;white-space:pre;width:274.6pt"> include the accounts of the Company and its wholly owned</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:377.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:422.79pt">subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.28pt">Reportable Operating Segments.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.78pt;position:var(--position);text-decoration:none;white-space:pre;width:4.81pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.59pt;position:var(--position);text-decoration:none;white-space:pre;width:105.34pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.93pt;position:var(--position);text-decoration:none;white-space:pre;width:82.57pt">, the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.78pt">three</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.28pt;position:var(--position);text-decoration:none;white-space:pre;width:5.36pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.64pt;position:var(--position);text-decoration:none;white-space:pre;width:140.75pt">reportable operating segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:183.94pt">include the worldwide operations of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.44pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.2pt;position:var(--position);text-decoration:none;white-space:pre;width:36.68pt"> brand, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.88pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.64pt;position:var(--position);text-decoration:none;white-space:pre;width:57.53pt"> brand, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.17pt;position:var(--position);text-decoration:none;white-space:pre;width:59.73pt">Other brands</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.9pt;position:var(--position);text-decoration:none;white-space:pre;width:124.45pt"> (primarily consisting of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:423.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.62pt;position:var(--position);text-decoration:none;white-space:pre;width:37.24pt"> brand) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.86pt;position:var(--position);text-decoration:none;white-space:pre;width:129.92pt">(collectively, the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.78pt;position:var(--position);text-decoration:none;white-space:pre;width:138.37pt">reportable operating segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.15pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.25pt;position:var(--position);text-decoration:none;white-space:pre;width:3.99pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.24pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.34pt;position:var(--position);text-decoration:none;white-space:pre;width:79.19pt">he Other brands </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.53pt;position:var(--position);text-decoration:none;white-space:pre;width:90.86pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:435.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.34pt">segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.84pt;position:var(--position);text-decoration:none;white-space:pre;width:474.66pt"> includes current and historical results of brands previously sold and brands for which standalone</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.45pt">operations </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.95pt;position:var(--position);text-decoration:none;white-space:pre;width:46.69pt">have been</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.64pt;position:var(--position);text-decoration:none;white-space:pre;width:146.67pt"> phased out, as discussed below.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:469.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">Consistent with the Company’s continuous focus on pursuing its most profitable long-term opportunities,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:481.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:452.63pt">management has taken the following strategic actions to streamline its brand portfolio within the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.13pt;position:var(--position);text-decoration:none;white-space:pre;width:60.31pt">Other brands</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:493.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">r</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:130.01pt">eportable operating segment:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:515.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:144.73pt">During the second quarter of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.23pt;position:var(--position);text-decoration:none;white-space:pre;width:76.12pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.35pt;position:var(--position);text-decoration:none;white-space:pre;width:220.05pt">, the Company began phasing out standalone</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:527.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:87.73pt">operations for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:28.32pt">AHNU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.55pt;position:var(--position);text-decoration:none;white-space:pre;width:5.35pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.9pt;position:var(--position);text-decoration:none;white-space:pre;width:33.51pt">brand. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:285.97pt">The Company closed Ahnu.com as of October 1, 2025, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:539.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:145.19pt">completed the phase out of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.69pt;position:var(--position);text-decoration:none;white-space:pre;width:28.32pt">AHNU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:295.01pt;position:var(--position);text-decoration:none;white-space:pre;width:145.37pt"> brand in the wholesale channel</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.38pt;position:var(--position);text-decoration:none;white-space:pre;width:3.73pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.11pt;position:var(--position);text-decoration:none;white-space:pre;width:118.27pt">during the third and fourth</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:551.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.7pt">quarters of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.2pt;position:var(--position);text-decoration:none;white-space:pre;width:77.16pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.36pt;position:var(--position);text-decoration:none;white-space:pre;width:306.11pt">. The Company did not incur material exit costs or obligations</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.09pt">associated with this plan.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.59pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:585.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.78pt">During the third quarter of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.28pt;position:var(--position);text-decoration:none;white-space:pre;width:70.46pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.74pt;position:var(--position);text-decoration:none;white-space:pre;width:252.75pt">, the Company began phasing out standalone operations</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:597.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.09pt">for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.59pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">Koolaburra</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.49pt;position:var(--position);text-decoration:none;white-space:pre;width:35.7pt"> brand. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.19pt;position:var(--position);text-decoration:none;white-space:pre;width:251.19pt">The Company closed Koolaburra.com as of the end of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.38pt;position:var(--position);text-decoration:none;white-space:pre;width:72pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.67pt">and completed the phase out of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">Koolaburra</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.07pt;position:var(--position);text-decoration:none;white-space:pre;width:147.17pt"> brand in the wholesale channel</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.24pt;position:var(--position);text-decoration:none;white-space:pre;width:4.09pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.33pt;position:var(--position);text-decoration:none;white-space:pre;width:72.09pt">during third and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.21pt">fourth quarters of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:72.9pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.61pt;position:var(--position);text-decoration:none;white-space:pre;width:284.81pt">. The Company did not incur material exit costs or obligations</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.09pt">associated with this plan.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:655.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.39pt">The Company completed the sale of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.89pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">Sanuk</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.23pt;position:var(--position);text-decoration:none;white-space:pre;width:159.3pt"> brand during the second quarter of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.53pt;position:var(--position);text-decoration:none;white-space:pre;width:70.12pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:667.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:366.53pt">The financial results for the Company’s reportable operating segments during </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.03pt;position:var(--position);text-decoration:none;white-space:pre;width:74.46pt">fiscal year 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:679.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:252.77pt">present the former Sanuk brand through August 15, 2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.27pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt"> (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:380.37pt;position:var(--position);text-decoration:none;white-space:pre;width:104.43pt">Sanuk Brand Sale Date</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.8pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.13pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.41pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.91pt;position:var(--position);text-decoration:none;white-space:pre;width:195.5pt">Note 13, “Reportable Operating Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:188.06pt"> for further information on the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.47pt;position:var(--position);text-decoration:none;white-space:pre;width:90.01pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.34pt">segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:283.63pt">Information reported to the Chief Operating Decision Maker (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.13pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.67pt;position:var(--position);text-decoration:none;white-space:pre;width:198.72pt">), who is the Principal Executive Officer, is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:696.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.22pt">organized into the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.72pt;position:var(--position);text-decoration:none;white-space:pre;width:22.78pt">three</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.5pt;position:var(--position);text-decoration:none;white-space:pre;width:143.89pt"> reportable operating segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.39pt;position:var(--position);text-decoration:none;white-space:pre;width:204.04pt">, which include the brand operations for the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.26pt;position:var(--position);text-decoration:none;white-space:pre;width:38.3pt"> brand, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.56pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.32pt;position:var(--position);text-decoration:none;white-space:pre;width:128.07pt"> brand, and Other brands. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.39pt;position:var(--position);text-decoration:none;white-space:pre;width:204.34pt">The operations of each brand within these </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.73pt;position:var(--position);text-decoration:none;white-space:pre;width:91.67pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:720.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.34pt">segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.84pt;position:var(--position);text-decoration:none;white-space:pre;width:474.66pt">s are managed separately because each requires different marketing, research and development, design,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:732.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:134.99pt">sourcing, and sales strategies.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:336.37pt">Segment Net Sales, Gross Margin, and Income from Operations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:385.87pt;position:var(--position);text-decoration:none;white-space:pre;width:30.62pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.49pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.03pt;position:var(--position);text-decoration:none;white-space:pre;width:115.39pt"> regularly evaluates the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.62pt">performance of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.12pt;position:var(--position);text-decoration:none;white-space:pre;width:132.69pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.81pt;position:var(--position);text-decoration:none;white-space:pre;width:282.68pt"> based on net sales, gross profit as a percentage of net sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:58.51pt">gross margin</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:111.34pt;position:var(--position);text-decoration:none;white-space:pre;width:451.15pt">), and income from operations when making decisions about resource allocations to each reportable</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:235.07pt">operating segment. Income from operations of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.57pt;position:var(--position);text-decoration:none;white-space:pre;width:131.55pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.12pt;position:var(--position);text-decoration:none;white-space:pre;width:146.32pt"> includes certain costs which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:422.63pt">specifically related to each reportable operating segment and that are regularly provided to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.13pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.67pt;position:var(--position);text-decoration:none;white-space:pre;width:5.59pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.26pt;position:var(--position);text-decoration:none;white-space:pre;width:54.11pt">These costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">consist of cost of sales; payroll and related expenses, including stock-based compensation; advertising, marketing,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.47pt">and promotion expenses; </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.97pt;position:var(--position);text-decoration:none;white-space:pre;width:88.88pt">rent and occupancy</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.85pt;position:var(--position);text-decoration:none;white-space:pre;width:167.71pt"> (including maintenance and utilities);</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.56pt;position:var(--position);text-decoration:none;white-space:pre;width:3.59pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.15pt;position:var(--position);text-decoration:none;white-space:pre;width:135.25pt">depreciation and other related</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.79pt">costs; and other segment items.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.29pt;position:var(--position);text-decoration:none;white-space:pre;width:8.73pt"> T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.02pt;position:var(--position);text-decoration:none;white-space:pre;width:40.08pt">here are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.1pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.22pt;position:var(--position);text-decoration:none;white-space:pre;width:206.74pt"> inter-segment sales for any period presented. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.96pt;position:var(--position);text-decoration:none;white-space:pre;width:104.53pt">The accounting policies</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.95pt">applicable to the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.45pt;position:var(--position);text-decoration:none;white-space:pre;width:136.97pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.42pt;position:var(--position);text-decoration:none;white-space:pre;width:199.59pt">s are consistent with those described in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.01pt;position:var(--position);text-decoration:none;white-space:pre;width:32.64pt">Note 1</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.99pt">“General.”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.49000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:146.71pt">Income from operations of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.21pt;position:var(--position);text-decoration:none;white-space:pre;width:131.93pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.14pt;position:var(--position);text-decoration:none;white-space:pre;width:234.24pt"> excludes enterprise and shared brand expenses as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.16pt">well as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.66pt;position:var(--position);text-decoration:none;white-space:pre;width:109.12pt">total other income, net</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.78pt;position:var(--position);text-decoration:none;white-space:pre;width:161.13pt">, which are not used to assess </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.91pt;position:var(--position);text-decoration:none;white-space:pre;width:137.41pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.32pt;position:var(--position);text-decoration:none;white-space:pre;width:62.31pt"> performance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.63pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">Unallocated enterprise and shared brand expenses are costs that are managed centrally and not specific to any one</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:266.02pt">brand. These costs are primarily comprised of certain </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.52pt;position:var(--position);text-decoration:none;white-space:pre;width:246.92pt">payroll and related expenses, including stock-based</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.81pt">compensation; global </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.31pt;position:var(--position);text-decoration:none;white-space:pre;width:8.69pt">IT</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:156pt;position:var(--position);text-decoration:none;white-space:pre;width:406.44pt"> expenses; 3PL service fees; depreciation, rent, and occupancy for owned warehouses and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.44pt">DC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.94pt;position:var(--position);text-decoration:none;white-space:pre;width:498.5pt">s and offices; and other SG&amp;A expenses, such as costs for contract services, materials, supplies, and travel.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:301pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333pt">These costs span multiple functions including owned warehouses and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.44pt">DC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.94pt;position:var(--position);text-decoration:none;white-space:pre;width:31.96pt">s and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.9pt;position:var(--position);text-decoration:none;white-space:pre;width:17.41pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.31pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt"> service fees, along with</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:313pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:293.73pt">enterprise costs which include centralized commercial operations, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.23pt;position:var(--position);text-decoration:none;white-space:pre;width:7.77pt">IT</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351pt;position:var(--position);text-decoration:none;white-space:pre;width:211.45pt">, finance, human resources, legal, supply chain,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:114.45pt">and corporate executives.</span> 3 3 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.66pt">Use of Estimates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:129.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.93pt;position:var(--position);text-decoration:none;white-space:pre;width:4.66pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.59pt;position:var(--position);text-decoration:none;white-space:pre;width:164.04pt">The preparation of the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.63pt;position:var(--position);text-decoration:none;white-space:pre;width:151.36pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.99pt;position:var(--position);text-decoration:none;white-space:pre;width:96.6pt"> in accordance with </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.57pt">GAAP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.07pt;position:var(--position);text-decoration:none;white-space:pre;width:485.4pt"> requires management to make estimates and assumptions that affect the amounts reported. Management</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">bases these estimates and assumptions upon historical experience, existing and known circumstances,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:400.99pt">authoritative accounting pronouncements and other factors it believes to be reasonable. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.49pt;position:var(--position);text-decoration:none;white-space:pre;width:111.9pt">In addition, management</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">has considered the potential impact of macroeconomic and geopolitical factors on its business and results of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">operations, including inflationary pressures, increased tariffs, rising supply chain costs, high interest rates, foreign</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">currency exchange rate volatility, escalating global conflicts, changes in discretionary spending, and recession risks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">Although the full impact of these factors is unknown, the Company believes it has made appropriate accounting</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">estimates and assumptions based on the facts and circumstances available as of the reporting date. However,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">actual results could differ materially from these estimates and assumptions, which may result in material effects on</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:304.59pt">the Company’s financial condition, results of operations, and liquidity.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.09pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">Significant accounting policies that require the use of management estimates and assumptions include those</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">related to revenue recognition such as sales returns, chargebacks, and sales discounts as well as contract</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">liabilities; accounts receivable allowances; inventory; income taxes including valuation of deferred income taxes;</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">stock-based compensation; impairment assessments, including for long-lived assets; the fair value of financial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">instruments; those related to operating lease assets and lease liabilities including term, classification, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:177.03pt">Company’s incremental borrowing rate (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.53pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.18pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:133.98pt">Foreign Currency Translation.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.48pt;position:var(--position);text-decoration:none;white-space:pre;width:202.67pt"> The Company considers the United States (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.15pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.03pt;position:var(--position);text-decoration:none;white-space:pre;width:162.33pt">) dollar to be its functional currency.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">The Company’s wholly owned foreign subsidiaries have various assets and liabilities, primarily cash, receivables,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">and payables, which are denominated in currencies other than its functional currency. The Company remeasures</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">these monetary assets and liabilities using the exchange rate at the end of the reporting period, which results in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:343.91pt">gains and losses that are recorded in selling, general, and administrative (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.41pt;position:var(--position);text-decoration:none;white-space:pre;width:27.75pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.16pt;position:var(--position);text-decoration:none;white-space:pre;width:85.16pt">) expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.32pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:383pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:171.91pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.41pt;position:var(--position);text-decoration:none;white-space:pre;width:341.03pt"> as incurred. In addition, the Company translates assets and liabilities of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:218.76pt">subsidiaries with reporting currencies other than </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.26pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.14pt;position:var(--position);text-decoration:none;white-space:pre;width:55.76pt"> dollars into </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:337.9pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.78pt;position:var(--position);text-decoration:none;white-space:pre;width:210.65pt"> dollars using the exchange rates at the end of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">the reporting period, which results in financial statement translation gains and losses recorded in other</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:419pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.11pt">comprehensive income or loss (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.61pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.37pt;position:var(--position);text-decoration:none;white-space:pre;width:82.71pt">), net of tax, in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.53pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> <span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:183.52pt">Recent Accounting Pronouncements</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:233.02pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.79pt;position:var(--position);text-decoration:none;white-space:pre;width:326.65pt"> The Financial Accounting Standards Board has issued Accounting</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.66pt">Standards Updates (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.16pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.7pt;position:var(--position);text-decoration:none;white-space:pre;width:357.21pt">s) that have been adopted and not yet adopted by the Company as stated below.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.66pt">Recently Adopted.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.75pt;position:var(--position);text-decoration:none;white-space:pre;width:148.29pt">The following is a summary of an </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.58000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:247.77pt"> adopted by the Company and its impact upon adoption:</span></div><div style="position:var(--position);top:591pt;width:612pt"><div style="font-size:0pt;left:50.62pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:216.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.56pt;position:var(--position);text-decoration:none;white-space:pre">Standard</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:86.4pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:294pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.99pt;position:var(--position);white-space:pre">Impact upon Adoption</span></div></div></div></td></tr><tr style="height:80.25pt"><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2023-09 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements to </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Income Tax </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Disclosures (</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.800000000000004pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:65.23pt;position:var(--position);white-space:pre"> </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">2023-09)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:12.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:21.93pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.56pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.99pt;position:var(--position);white-space:pre;width:173.13pt"> requires annual disclosures of prescribed</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.42pt">standard categories for the components of the effective tax</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.04999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.46pt">rate reconciliation, disclosure of income taxes paid</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.09pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.45pt">disaggregated by jurisdiction, and other income-tax related</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.07999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:63.67pt">disclosures. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:66.3pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:82.72999999999999pt;position:var(--position);white-space:pre;width:131.36pt"> is effective on a prospective basis,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.09pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.45pt">with retrospective application permitted, for fiscal years</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.07999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.49pt">beginning after December 15, 2024. Early adoption is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:35.51pt">permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:294pt;position:var(--position);top:12.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:156.27pt">The Company prospectively adopted this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:158.9pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:175.32999999999998pt;position:var(--position);white-space:pre;width:38.79pt"> beginning</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:32.47pt">with this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.1pt;position:var(--position);text-decoration:none;white-space:pre;width:51.97pt">Annual Report</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:87.07pt;position:var(--position);white-space:pre;width:23.01pt">. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:110.08pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:126.50999999999999pt;position:var(--position);white-space:pre;width:87.61pt"> did not have a material</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.48pt">impact on the Company’s consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.10999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:150.29pt">other than additional disclosures under </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:152.92pt;position:var(--position);text-decoration:none;white-space:pre;width:25.71pt">Note 5</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:178.63pt;position:var(--position);white-space:pre;width:9.28pt">, “</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:187.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.2pt">Income</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.10999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.08pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:20.88pt">Taxes</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:23.509999999999998pt;position:var(--position);white-space:pre;width:4.88pt">.”</span></div></div></div></td></tr></tbody></table></div></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.4pt">Not Yet Adopted.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.9pt;position:var(--position);text-decoration:none;white-space:pre;width:174.72pt"> The following is a summary of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.62pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.16pt;position:var(--position);text-decoration:none;white-space:pre;width:72.74pt"> that has been </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.9pt;position:var(--position);text-decoration:none;white-space:pre;width:28.9pt">issued</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.8pt;position:var(--position);text-decoration:none;white-space:pre;width:42.76pt"> through </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.56pt;position:var(--position);text-decoration:none;white-space:pre;width:58.32pt">May 1, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.88pt;position:var(--position);text-decoration:none;white-space:pre;width:35.53pt">, and is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">applicable to the Company, but which has not yet been adopted, as well as the planned period of adoption, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.02pt">expected impact on the Company upon adoption</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:145pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:180pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:180pt"></td></tr><tr style="height:21.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.56pt;position:var(--position);text-decoration:none;white-space:pre">Standard</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);width:180pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:180pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:68.03pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.15pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.8pt;position:var(--position);text-decoration:none;white-space:pre">Planned Period </span></div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.47pt;position:var(--position);text-decoration:none;white-space:pre">of Adoption</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:180pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:180pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:33.63pt;position:var(--position);text-decoration:none;white-space:pre">Expected Impact on Adoption</span></div></div></div></td></tr><tr style="height:108pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2024-03 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Disaggregation of </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Income </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Statement </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Expenses (as </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">amended by </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.370000000000005pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:64.8pt;position:var(--position);white-space:pre"> </span></div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">2025-01)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:21.75pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:18.96pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.59pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.02pt;position:var(--position);white-space:pre;width:139.32pt"> requires disaggregated disclosure of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:10.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">relevant statement of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:18.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">expense captions including tabular presentation</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:26.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">of prescribed expense categories such as</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:34.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">purchases of inventory, employee compensation,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:42.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">depreciation, intangible asset amortization, and</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">other specific expense, gains, and losses</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:58.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:81.4pt">required by existing </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.03pt;position:var(--position);text-decoration:none;white-space:pre;width:37.81pt">US GAAP</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:121.83999999999999pt;position:var(--position);white-space:pre;width:27.79pt">. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:149.63pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:166.06pt;position:var(--position);white-space:pre;width:11.3pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:66.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">effective on a prospective basis, with</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:74.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">retrospective application permitted, for fiscal</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:82.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">years beginning after December 15, 2026, and</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:90.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">interim periods within fiscal years beginning after</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:98.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:171.36pt">December 15, 2027. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q4 FY 2028</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:28.21pt;position:var(--position);white-space:pre">and</span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:21.75pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:82.69pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.32pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.75pt;position:var(--position);white-space:pre;width:75.56pt"> on its disclosures in</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.31pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">its annual and interim consolidated financial</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:41.3pt">statements.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.93pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div></div></div></td></tr><tr style="height:80.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-05 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Measurement of </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Credit Losses for </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounts </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Receivable and </span></div><div style="line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Contract Assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:129.75pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:20.98pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:23.61pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.04pt;position:var(--position);white-space:pre;width:137.31pt"> provides a practical expedient to</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">assume that current conditions as of the balance</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.66pt">sheet date do not change for the remaining life of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.29pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">the asset when estimating expected credit losses</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">on trade accounts receivable and contract</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:48.09pt">assets. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.720000000000006pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:67.14999999999999pt;position:var(--position);white-space:pre;width:110.2pt"> is effective on a prospective</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">basis for fiscal years beginning after December</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:132.29pt">15, 2025. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:129.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);text-decoration:none;white-space:pre">Q1 FY 2027</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:129.75pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">The Company does not expect the adoption of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:14.78pt">this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.41pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:33.84pt;position:var(--position);white-space:pre;width:143.51pt"> to have a material impact on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:98.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-06 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Internal-Use </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Software</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:210pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:20.03pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.66pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:39.09pt;position:var(--position);white-space:pre;width:138.28pt"> amends recognition and disclosure</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">guidance for internal-use software costs,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">removing the previous software development</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">stage model with a more principles-based,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">probable-to-complete recognition threshold. This</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:1.78pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre;width:158.26pt"> is effective on either a retrospective,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">prospective, or modified prospective basis, for</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">fiscal years beginning after December 15, 2027,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">including interim periods within those fiscal</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:120.75pt">years. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:210pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);text-decoration:none;white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:210pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:98.54pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.17pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:117.6pt;position:var(--position);white-space:pre;width:59.74pt"> on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:108pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:308.25pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-09 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Derivatives and </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Hedging (Topic </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">815): Hedge </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounting </span></div><div style="line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:308.25pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:17.87pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.93pt;position:var(--position);white-space:pre;width:140.41pt"> clarifies and improves certain aspects</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">of hedge accounting, including guidance on the</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">assessment of similar risk exposure for groups of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">forecasted transactions related to cash flow</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">hedges and other targeted amendments</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">intended to better align hedge accounting with an</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:148.93pt">entity’s risk management activities. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:151.56pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:167.99pt;position:var(--position);white-space:pre;width:9.33pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">effective on a prospective basis for fiscal years</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">beginning after December 15, 2026, including</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">interim periods within those fiscal years. Early</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:98.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:76.35pt">adoption is permitted.</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:308.25pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2028</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:308.25pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:98.54pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.17pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:117.6pt;position:var(--position);white-space:pre;width:59.74pt"> on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:98.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:416.25pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-11 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Interim Reporting: </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Narrow-Scope </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements </span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:416.25pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:17.35pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.98pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.410000000000004pt;position:var(--position);white-space:pre;width:140.96pt"> requires disclosure of events since the</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">most recent annual reporting period that have a</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">material impact on interim results, provides a</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">comprehensive list of required interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">disclosures, and clarifies the form and content</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">requirements for interim financial statements.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.08pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:18.03pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.66pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:37.09pt;position:var(--position);white-space:pre;width:140.28pt"> is effective on either a prospective or</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">retrospective basis for interim periods within</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">fiscal years beginning after December 15, 2027.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:96.77pt">Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:416.25pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:416.25pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:82.69pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.32pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.75pt;position:var(--position);white-space:pre;width:75.56pt"> on disclosures in its</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.31pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">interim condensed consolidated financial</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:41.3pt">statements.</span></div></div></div></td></tr></tbody></table></div></div></div></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.75pt;position:var(--position);text-decoration:none;white-space:pre;width:148.29pt">The following is a summary of an </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.58000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:247.77pt"> adopted by the Company and its impact upon adoption:</span><div style="position:var(--position);top:591pt;width:612pt"><div style="font-size:0pt;left:50.62pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:216.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.56pt;position:var(--position);text-decoration:none;white-space:pre">Standard</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:86.4pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:294pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.99pt;position:var(--position);white-space:pre">Impact upon Adoption</span></div></div></div></td></tr><tr style="height:80.25pt"><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2023-09 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements to </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Income Tax </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Disclosures (</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.800000000000004pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:65.23pt;position:var(--position);white-space:pre"> </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">2023-09)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:12.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:21.93pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.56pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.99pt;position:var(--position);white-space:pre;width:173.13pt"> requires annual disclosures of prescribed</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.42pt">standard categories for the components of the effective tax</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.04999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.46pt">rate reconciliation, disclosure of income taxes paid</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.09pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.45pt">disaggregated by jurisdiction, and other income-tax related</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.07999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:63.67pt">disclosures. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:66.3pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:82.72999999999999pt;position:var(--position);white-space:pre;width:131.36pt"> is effective on a prospective basis,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.09pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.45pt">with retrospective application permitted, for fiscal years</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.07999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.49pt">beginning after December 15, 2024. Early adoption is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:35.51pt">permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:294pt;position:var(--position);top:12.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:156.27pt">The Company prospectively adopted this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:158.9pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:175.32999999999998pt;position:var(--position);white-space:pre;width:38.79pt"> beginning</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:32.47pt">with this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.1pt;position:var(--position);text-decoration:none;white-space:pre;width:51.97pt">Annual Report</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:87.07pt;position:var(--position);white-space:pre;width:23.01pt">. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:110.08pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:126.50999999999999pt;position:var(--position);white-space:pre;width:87.61pt"> did not have a material</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.12pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:211.48pt">impact on the Company’s consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.10999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:150.29pt">other than additional disclosures under </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:152.92pt;position:var(--position);text-decoration:none;white-space:pre;width:25.71pt">Note 5</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:178.63pt;position:var(--position);white-space:pre;width:9.28pt">, “</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:187.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.2pt">Income</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:214.10999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.08pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:20.88pt">Taxes</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:23.509999999999998pt;position:var(--position);white-space:pre;width:4.88pt">.”</span></div></div></div></td></tr></tbody></table></div></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.4pt">Not Yet Adopted.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.9pt;position:var(--position);text-decoration:none;white-space:pre;width:174.72pt"> The following is a summary of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.62pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.16pt;position:var(--position);text-decoration:none;white-space:pre;width:72.74pt"> that has been </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.9pt;position:var(--position);text-decoration:none;white-space:pre;width:28.9pt">issued</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.8pt;position:var(--position);text-decoration:none;white-space:pre;width:42.76pt"> through </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.56pt;position:var(--position);text-decoration:none;white-space:pre;width:58.32pt">May 1, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.88pt;position:var(--position);text-decoration:none;white-space:pre;width:35.53pt">, and is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">applicable to the Company, but which has not yet been adopted, as well as the planned period of adoption, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.02pt">expected impact on the Company upon adoption</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:145pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:180pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:180pt"></td></tr><tr style="height:21.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.56pt;position:var(--position);text-decoration:none;white-space:pre">Standard</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);width:180pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:180pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:68.03pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.15pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.8pt;position:var(--position);text-decoration:none;white-space:pre">Planned Period </span></div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.47pt;position:var(--position);text-decoration:none;white-space:pre">of Adoption</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:180pt"><div><div style="line-height:8pt;position:var(--position);top:12.75pt;width:180pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:33.63pt;position:var(--position);text-decoration:none;white-space:pre">Expected Impact on Adoption</span></div></div></div></td></tr><tr style="height:108pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2024-03 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Disaggregation of </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Income </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Statement </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Expenses (as </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">amended by </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.370000000000005pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:64.8pt;position:var(--position);white-space:pre"> </span></div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">2025-01)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:21.75pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:18.96pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.59pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.02pt;position:var(--position);white-space:pre;width:139.32pt"> requires disaggregated disclosure of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:10.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">relevant statement of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:18.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">expense captions including tabular presentation</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:26.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">of prescribed expense categories such as</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:34.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">purchases of inventory, employee compensation,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:42.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">depreciation, intangible asset amortization, and</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">other specific expense, gains, and losses</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:58.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:81.4pt">required by existing </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.03pt;position:var(--position);text-decoration:none;white-space:pre;width:37.81pt">US GAAP</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:121.83999999999999pt;position:var(--position);white-space:pre;width:27.79pt">. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:149.63pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:166.06pt;position:var(--position);white-space:pre;width:11.3pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:66.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">effective on a prospective basis, with</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:74.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">retrospective application permitted, for fiscal</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:82.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">years beginning after December 15, 2026, and</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:90.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">interim periods within fiscal years beginning after</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:98.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:171.36pt">December 15, 2027. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q4 FY 2028</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:28.21pt;position:var(--position);white-space:pre">and</span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:21.75pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:82.69pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.32pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.75pt;position:var(--position);white-space:pre;width:75.56pt"> on its disclosures in</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.31pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">its annual and interim consolidated financial</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:41.3pt">statements.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.93pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div></div></div></td></tr><tr style="height:80.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-05 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Measurement of </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Credit Losses for </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounts </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Receivable and </span></div><div style="line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Contract Assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:129.75pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:20.98pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:23.61pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.04pt;position:var(--position);white-space:pre;width:137.31pt"> provides a practical expedient to</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">assume that current conditions as of the balance</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.66pt">sheet date do not change for the remaining life of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.29pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">the asset when estimating expected credit losses</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">on trade accounts receivable and contract</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:48.09pt">assets. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.720000000000006pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:67.14999999999999pt;position:var(--position);white-space:pre;width:110.2pt"> is effective on a prospective</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">basis for fiscal years beginning after December</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:132.29pt">15, 2025. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:129.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);text-decoration:none;white-space:pre">Q1 FY 2027</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:129.75pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">The Company does not expect the adoption of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:14.78pt">this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.41pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:33.84pt;position:var(--position);white-space:pre;width:143.51pt"> to have a material impact on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:98.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-06 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Internal-Use </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Software</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:210pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:20.03pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.66pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:39.09pt;position:var(--position);white-space:pre;width:138.28pt"> amends recognition and disclosure</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">guidance for internal-use software costs,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">removing the previous software development</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">stage model with a more principles-based,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">probable-to-complete recognition threshold. This</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:1.78pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre;width:158.26pt"> is effective on either a retrospective,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">prospective, or modified prospective basis, for</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">fiscal years beginning after December 15, 2027,</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">including interim periods within those fiscal</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:120.75pt">years. Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:210pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);text-decoration:none;white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:210pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:98.54pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.17pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:117.6pt;position:var(--position);white-space:pre;width:59.74pt"> on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:108pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:308.25pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-09 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Derivatives and </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Hedging (Topic </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">815): Hedge </span></div><div style="line-height:8pt;position:var(--position);top:41.03pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounting </span></div><div style="line-height:8pt;position:var(--position);top:50.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:308.25pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:17.87pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.93pt;position:var(--position);white-space:pre;width:140.41pt"> clarifies and improves certain aspects</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">of hedge accounting, including guidance on the</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">assessment of similar risk exposure for groups of</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">forecasted transactions related to cash flow</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">hedges and other targeted amendments</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">intended to better align hedge accounting with an</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:148.93pt">entity’s risk management activities. This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:151.56pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:167.99pt;position:var(--position);white-space:pre;width:9.33pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">effective on a prospective basis for fiscal years</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">beginning after December 15, 2026, including</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">interim periods within those fiscal years. Early</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:98.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:76.35pt">adoption is permitted.</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:308.25pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2028</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:308.25pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:98.54pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.17pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:117.6pt;position:var(--position);white-space:pre;width:59.74pt"> on its annual</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">consolidated financial statements and interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:161.17pt">condensed consolidated financial statements.</span></div></div></div></td></tr><tr style="height:98.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:416.25pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.06pt;position:var(--position);white-space:pre"> 2025-11 - </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Interim Reporting: </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Narrow-Scope </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Improvements </span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:73.5pt;position:var(--position);top:416.25pt;width:180pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:17.35pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.98pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.410000000000004pt;position:var(--position);white-space:pre;width:140.96pt"> requires disclosure of events since the</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.74pt">most recent annual reporting period that have a</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">material impact on interim results, provides a</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">comprehensive list of required interim</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:41.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">disclosures, and clarifies the form and content</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:50.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.72pt">requirements for interim financial statements.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35pt;position:var(--position);white-space:pre;width:2.08pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:60.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:18.03pt">This </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.66pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:37.09pt;position:var(--position);white-space:pre;width:140.28pt"> is effective on either a prospective or</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.37pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.71pt">retrospective basis for interim periods within</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:79.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.69pt">fiscal years beginning after December 15, 2027.</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89.03pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:96.77pt">Early adoption is permitted.</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:416.25pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.41pt;position:var(--position);white-space:pre">Q1 FY 2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:416.25pt;width:180pt"><div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:2.63pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.7pt">The Company is currently evaluating the impact</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.32999999999998pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:12.23pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:82.69pt">of the adoption of this </span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.32pt;position:var(--position);text-decoration:none;white-space:pre;width:16.43pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:101.75pt;position:var(--position);white-space:pre;width:75.56pt"> on disclosures in its</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.31pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:21.83pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:174.73pt">interim condensed consolidated financial</span><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:177.35999999999999pt;position:var(--position);white-space:pre;width:2.22pt"> </span></div><div style="line-height:8pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:31.43pt;width:180pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre;width:41.3pt">statements.</span></div></div></div></td></tr></tbody></table></div></div></div></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.33pt">Cash and Cash Equivalents</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:176.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.6pt;position:var(--position);text-decoration:none;white-space:pre;width:382.87pt"> Cash and cash equivalents include cash on hand, demand deposits, and all highly</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:451.86pt">liquid investments, such as money-market funds, with an original maturity of three months or less.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.36pt;position:var(--position);text-decoration:none;white-space:pre;width:4.08pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.44pt;position:var(--position);text-decoration:none;white-space:pre;width:57.04pt">The carrying</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">value of money-market funds approximates the fair value as it is considered a highly liquid investment when</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:381.17pt">purchased. Money-market funds are recorded in cash and cash equivalents in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.67pt;position:var(--position);text-decoration:none;white-space:pre;width:129.02pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.69pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.31pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.81pt;position:var(--position);text-decoration:none;white-space:pre;width:158.1pt">Note 4, “Fair Value Measurements,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.91pt;position:var(--position);text-decoration:none;white-space:pre;width:279.91pt"> for further information on the fair value of money-market funds.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.8199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">The Company maintains a portion of its cash in Federal Deposit Insurance Corporation insured bank deposit</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:278.45pt">accounts which, at times, may exceed federally insured limits. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.95pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.05pt;position:var(--position);text-decoration:none;white-space:pre;width:164.89pt">he Company did not experience any </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.94pt;position:var(--position);text-decoration:none;white-space:pre;width:63.48pt">losses in such</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.86pt">accounts during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.36pt;position:var(--position);text-decoration:none;white-space:pre;width:129.72pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:6.16pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.24pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.48pt;position:var(--position);text-decoration:none;white-space:pre;width:26.23pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.71pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.95pt;position:var(--position);text-decoration:none;white-space:pre;width:214.44pt">. Based on the size and strength of the banking</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.2pt">institutions used, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.7pt;position:var(--position);text-decoration:none;white-space:pre;width:355.5pt">the Company does not believe it is exposed to any significant credit risks in cash</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:155.37pt">Allowances for Doubtful Accounts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:204.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.64pt;position:var(--position);text-decoration:none;white-space:pre;width:354.85pt"> The Company provides an allowance against trade accounts receivable for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">estimated losses that may result from customers’ inability to pay. The Company determines the amount of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">allowance by analyzing known uncollectible accounts, aged trade accounts receivable, economic conditions and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">forecasts, historical experience, and the customers’ creditworthiness. Trade accounts receivable that are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">subsequently determined to be uncollectible are charged or written off against this allowance. The allowance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">includes specific allowances for trade accounts, for which all or a portion are identified as potentially uncollectible</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">based on known or anticipated losses. Additions to the allowance represent bad debt expense estimates which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:52.78pt">recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.28pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.03pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.89pt">Inventories</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:98.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.16pt;position:var(--position);text-decoration:none;white-space:pre;width:58.26pt"> Inventories, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:162.12pt">which are predominantly comprised </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.54pt;position:var(--position);text-decoration:none;white-space:pre;width:180.92pt">of finished goods on hand and in transit,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.46pt;position:var(--position);text-decoration:none;white-space:pre;width:59.9pt"> are stated at</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.88pt">the lower of cost </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.38pt;position:var(--position);text-decoration:none;white-space:pre;width:124.36pt">(weighted moving average) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.74pt;position:var(--position);text-decoration:none;white-space:pre;width:311.69pt">or net realizable value at each financial statement date. Net realizable</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">value is the estimated selling price in the ordinary course of business, less reasonably predictable costs to sell. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">Company regularly reviews inventory for excess, obsolete, and impaired inventory to evaluate write-downs to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.75pt">lower of cost or realizable value.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.25pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:73.71pt">The Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.21pt;position:var(--position);text-decoration:none;white-space:pre;width:48.9pt">outsources</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.11pt;position:var(--position);text-decoration:none;white-space:pre;width:390.38pt"> the production of its finished goods to independent third-party contractors that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.35pt">manufacture all of its products (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.85pt;position:var(--position);text-decoration:none;white-space:pre;width:121.88pt">independent manufacturers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.73pt;position:var(--position);text-decoration:none;white-space:pre;width:75.15pt">), the majority of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.88pt;position:var(--position);text-decoration:none;white-space:pre;width:56.67pt">which are in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.55pt;position:var(--position);text-decoration:none;white-space:pre;width:118.88pt">Southeast Asia. During the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:55.21pt">year ended </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:71.87pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:385.87pt">, production of finished goods was predominantly from Vietnam and Indonesia, while</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:473pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.77pt">less than </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:14.45pt">5%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.72pt;position:var(--position);text-decoration:none;white-space:pre;width:207.56pt"> was from China or any other individual country</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.64pt;position:var(--position);text-decoration:none;white-space:pre;width:242.74pt">The majority of raw materials and components used by</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:122.99pt">independent manufacturers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.49pt;position:var(--position);text-decoration:none;white-space:pre;width:341.07pt"> are purchased from affiliates, manufacturers, factories, and other agents (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.56pt;position:var(--position);text-decoration:none;white-space:pre;width:48.91pt">designated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:497pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.01pt">suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.50999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:415.37pt">), who work with other subcontractors that extract, process, or convert these raw materials. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.88pt;position:var(--position);text-decoration:none;white-space:pre;width:57.54pt">Sheepskin is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:278.05pt">used to manufacture a significant portion of the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.55pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.31pt;position:var(--position);text-decoration:none;white-space:pre;width:212.15pt"> brand products and is sourced primarily from</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.69pt">designated suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.19pt;position:var(--position);text-decoration:none;white-space:pre;width:136.1pt"> in Australia and processed by </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:15.55pt">two</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.84000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt"> tanneries in China.</span></div> 0.05 2 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.1pt">Cloud Computing Arrangements (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:203.6pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:224.7pt;position:var(--position);text-decoration:none;white-space:pre;width:8.33pt">s)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:233.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.8pt;position:var(--position);text-decoration:none;white-space:pre;width:4.33pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.13pt;position:var(--position);text-decoration:none;white-space:pre;width:158.68pt">The Company enters into various </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.81pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.91pt;position:var(--position);text-decoration:none;white-space:pre;width:142.58pt">s that are governed by service</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:262.04pt">contracts (hosting arrangements) to support operations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.54pt;position:var(--position);text-decoration:none;white-space:pre;width:250.94pt"> Application development stage implementation costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">(implementation costs) of a hosting arrangement are deferred and recorded to prepaid expenses and other assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.49pt">in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.99pt;position:var(--position);text-decoration:none;white-space:pre;width:127.42pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.41pt;position:var(--position);text-decoration:none;white-space:pre;width:357.02pt">. Amortization of implementation costs begins when the software is ready for its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">intended use. Amortization of implementation costs are calculated on a straight-line basis over the term of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:363.89pt">hosting arrangement, including reasonably certain renewals, which are generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.39pt;position:var(--position);text-decoration:none;white-space:pre;width:3.81pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.2pt;position:var(--position);text-decoration:none;white-space:pre;width:16.68pt"><span style="-sec-ix-hidden:f-440">one</span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.88pt;position:var(--position);text-decoration:none;white-space:pre;width:15.95pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.83pt;position:var(--position);text-decoration:none;white-space:pre;width:51.04pt">three years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:500.87pt;position:var(--position);text-decoration:none;white-space:pre;width:6.03pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.9pt;position:var(--position);text-decoration:none;white-space:pre;width:55.54pt">Amortization</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.34pt">expense is recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.84pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.04pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.59pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> P3Y <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.6pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.6pt;position:var(--position);text-decoration:none;white-space:pre;width:19.99pt"> are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.59pt;position:var(--position);text-decoration:none;white-space:pre;width:39.46pt">recorded</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.05pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.03pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:49.42pt"> as follows:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.59pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:121pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Prepaid expenses:</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Net CCAs placed in service</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,053<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,167<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Other assets:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Net CCAs placed in service</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,968<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,864<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">CCAs in process</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">16,508<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">20,529<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">6,194<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 2053000 2167000 1968000 3864000 16508000 163000 20529000 6194000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:138.71pt">Property and Equipment, Net.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.21pt;position:var(--position);text-decoration:none;white-space:pre;width:5.13pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.34pt;position:var(--position);text-decoration:none;white-space:pre;width:369.13pt">Property and equipment are stated at cost less accumulated depreciation, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:175.58pt">generally have a useful life of at least </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.08pt;position:var(--position);text-decoration:none;white-space:pre;width:39.4pt">one year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.48pt;position:var(--position);text-decoration:none;white-space:pre;width:297.9pt">. Property and equipment include tangible, non-consumable items</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">owned by the Company. Software implementation costs are capitalized if they are incurred during the application</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">development stage and relate to costs to obtain computer software from third parties, including related consulting</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">expenses, or costs incurred to modify existing software that results in additional upgrades or enhancements that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:135.92pt">provide additional functionality.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">Depreciation of property and equipment is calculated using the straight-line method based on the estimated useful</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.85pt">life. Leasehold improvements are amortized to their residual value, if any, on the straight-line basis over their</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">estimated economic useful lives or the lease term, whichever is shorter. Changes in the estimate of the useful life of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">an asset may occur after an asset is placed in service. For example, this may occur as a result of the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">incurring costs that prolong the useful life of an asset, which would be recorded as an adjustment to depreciation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:290.76pt">over the revised remaining useful life. Depreciation is recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.26pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.46pt;position:var(--position);text-decoration:none;white-space:pre;width:75.87pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.33pt;position:var(--position);text-decoration:none;white-space:pre;width:119.04pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.25pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.75pt;position:var(--position);text-decoration:none;white-space:pre;width:5.99pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.74pt;position:var(--position);text-decoration:none;white-space:pre;width:56.12pt">Depreciation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.86pt;position:var(--position);text-decoration:none;white-space:pre;width:24.22pt"> was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.08pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$74,590</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.21000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:5.99pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.2pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$67,579</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.33pt;position:var(--position);text-decoration:none;white-space:pre;width:25.89pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.22pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$54,958</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.35pt;position:var(--position);text-decoration:none;white-space:pre;width:51.34pt"> during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.69pt;position:var(--position);text-decoration:none;white-space:pre;width:129.04pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.73pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:24.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.97pt;position:var(--position);text-decoration:none;white-space:pre;width:60.35pt">, respectively.</span></div> P1Y 74590000 67579000 54958000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:211.22pt">Operating Lease Assets and Lease Liabilities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.72pt;position:var(--position);text-decoration:none;white-space:pre;width:4.28pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:265pt;position:var(--position);text-decoration:none;white-space:pre;width:297.41pt">The Company determines if an arrangement contains a lease at</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.84pt">inception of a contract. The Company recognizes operating lease assets and lease liabilities in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.34pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:497.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.94pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.44pt;position:var(--position);text-decoration:none;white-space:pre;width:444.93pt"> on the lease commencement date, based on the present value of the outstanding lease payments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">over the reasonably certain lease term. The lease term includes the non-cancelable period at the lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">commencement date, plus any additional period covered by the Company’s option to extend (or not to terminate)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:533.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the lease that is reasonably certain to be exercised, or an option to extend (or not to terminate) a lease that is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:545.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:104.99pt">controlled by the lessor.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">Operating lease assets are initially measured at cost, which comprises the initial amount of the associated lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">liabilities, adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">incurred, less any lease incentives, such as tenant allowances. Operating lease assets are subsequently measured</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">throughout the lease term at the carrying amount of the associated lease liabilities, plus initial direct costs, plus or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">minus any prepaid or accrued lease payments, less the unamortized balance of lease incentives received.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:355.96pt">Operating lease assets and lease liabilities are presented separately in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.46pt;position:var(--position);text-decoration:none;white-space:pre;width:130.46pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> on a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">discounted basis. The current portion of operating lease liabilities is presented within current liabilities, while the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:651.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:374.78pt">long-term portion is presented separately as long-term operating lease liabilities. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.28pt;position:var(--position);text-decoration:none;white-space:pre;width:41.83pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.11pt;position:var(--position);text-decoration:none;white-space:pre;width:80.17pt">Note 7, “Leases,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:546.28pt;position:var(--position);text-decoration:none;white-space:pre;width:7.3pt"> f</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:8.89pt">or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:501.07pt">further information on the discount rate methodology used to measure operating lease assets and lease liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">Rent expense for operating lease payments is recognized on a straight-line basis over the lease term and recorded</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:12.47pt">in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:61.97pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.17pt;position:var(--position);text-decoration:none;white-space:pre;width:83.23pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.4pt;position:var(--position);text-decoration:none;white-space:pre;width:232.13pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.53pt;position:var(--position);text-decoration:none;white-space:pre;width:157.93pt">. Lease payments recorded in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">operating lease liabilities (1) are fixed payments, including in-substance fixed payments and fixed rate increases,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:721.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:479.51pt">owed over the lease term and (2) exclude any lease prepayments as of the periods presented. Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.01pt;position:var(--position);text-decoration:none;white-space:pre;width:33.42pt">Note 7,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:41.67pt">“Leases,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.17pt;position:var(--position);text-decoration:none;white-space:pre;width:471.27pt"> for further information on the nature of variable lease payments and the timing of recognition of rent</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.57pt">expense.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:133pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">The Company has elected not to recognize operating lease assets and lease liabilities for short-term leases, which</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.79pt">are defined as those operating leases with </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.29pt;position:var(--position);text-decoration:none;white-space:pre;width:129.47pt">a term of 12 months or less</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.76pt;position:var(--position);text-decoration:none;white-space:pre;width:183.61pt">. Instead, lease payments for short-term</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">leases are recognized on a straight-line basis over the lease term in rent expense and recorded as a component of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.7pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.25pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:191pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">The Company monitors for events that require a change in estimates for its operating lease assets and lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">liabilities, such as modifications to the terms of the contract, including the lease term, economic events that may</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">trigger a contractual term contingency, such as minimum lease payments or termination rights, and related changes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">in discount rates used to measure the operating lease assets and lease liabilities, as well as events or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">circumstances that result in lease abandonment or operating lease asset impairments. When a change in estimates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">results in the remeasurement of the operating lease liabilities, a corresponding adjustment is made to the carrying</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">amount of the operating lease assets. The operating lease assets are remeasured and amortized on a straight-line</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:423.36pt">basis over the remaining lease term, with no impact on the related operating lease liabilities. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">The Company primarily leases retail stores, showrooms, offices, and distribution facilities under operating lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">contracts which vary in lease terms. Some of the Company’s operating leases contain extension options between</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.68pt"><span style="-sec-ix-hidden:f-899">one</span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.18pt;position:var(--position);text-decoration:none;white-space:pre;width:14.77pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.95pt;position:var(--position);text-decoration:none;white-space:pre;width:38.79pt">15 years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.74pt;position:var(--position);text-decoration:none;white-space:pre;width:442.73pt">. Historically, the Company has not entered into finance leases, and its lease agreements generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:502.74pt">do not contain residual value guarantees, options to purchase underlying assets, or material restrictive covenants.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:123.17pt">Variable Lease Payments</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:172.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.44pt;position:var(--position);text-decoration:none;white-space:pre;width:4.37pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.81pt;position:var(--position);text-decoration:none;white-space:pre;width:382.59pt">Certain leases require additional payments based on (1) actual or forecasted sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">volume (either monthly or annually), (2) reimbursement for real estate taxes (tax), (3) common area maintenance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:22.21pt">CAM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:487.35pt">), and (4) insurance (collectively, variable lease payments). Variable lease payments are generally excluded</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:485.79pt">from operating lease assets and lease liabilities and are recorded in rent expense as a component of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.29pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.24pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.74pt;position:var(--position);text-decoration:none;white-space:pre;width:227.73pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.47pt;position:var(--position);text-decoration:none;white-space:pre;width:209.93pt">. Some leases are dependent upon forecasted</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:507.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">annual sales volume, and lease payments are recognized on a straight-line basis as rent expense over each annual</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">period when the achievement of the related sales target is reasonably likely to occur. Other variable lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:531.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:106.05pt">payments, such as tax, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.55pt;position:var(--position);text-decoration:none;white-space:pre;width:22.21pt">CAM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.76pt;position:var(--position);text-decoration:none;white-space:pre;width:384.62pt">, and insurance, are recognized in rent expense as incurred. Some leases contain one</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:543.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">fixed lease payment that includes variable lease payments, which are considered non-lease components. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">Company has elected to account for these instances as a single lease component and the total of these fixed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:339.42pt">payments is used to measure the operating lease assets and lease liabilities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:589.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.32pt">Discount Rate.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.82pt;position:var(--position);text-decoration:none;white-space:pre;width:442.68pt"> The Company discounts its unpaid lease payments using the interest rate implicit in the lease or, if</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:601.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:185.39pt">the rate cannot be readily determined, its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.89pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.54pt;position:var(--position);text-decoration:none;white-space:pre;width:310.82pt">. Generally, the Company cannot determine the interest rate implicit in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:613.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">the lease because it does not have access to the lessor’s estimated residual value or the amount of the lessor’s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">deferred initial direct costs. The Company has a centralized treasury function, which enables the Company to use a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:637.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">portfolio approach to discount lease obligations. Therefore, the Company generally derives a discount rate at the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:649.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:195.89pt">lease commencement date by utilizing its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.39pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:300.3pt">, which is based on what the Company would have to pay on a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">collateralized basis to borrow an amount equal to its lease payments under similar terms. Because the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">does not currently borrow on a collateralized basis under its revolving credit facilities, it uses the interest rate it pays</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.58pt">on its non-collateralized borrowings under its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:100.4pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.48pt;position:var(--position);text-decoration:none;white-space:pre;width:184.59pt"> as an input for deriving an appropriate </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.0699999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">adjusted for the amount of the lease payments, the lease term, and the effect on that rate of designating specific</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:319.4pt">collateral with a value equal to the unpaid lease payments for that lease.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:148.32pt">Asset Retirement Obligations (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:197.82pt;position:var(--position);text-decoration:none;white-space:pre;width:21.65pt">ARO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:219.47pt;position:var(--position);text-decoration:none;white-space:pre;width:11.1pt">s).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.57pt;position:var(--position);text-decoration:none;white-space:pre;width:331.92pt"> The Company is contractually obligated under certain of its lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">agreements to restore certain retail, office, and warehouse facilities back to their original conditions. At lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">inception, the present value of the estimated fair value of these liabilities is recorded along with the related asset.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">The liability is estimated based on assumptions requiring management’s judgment, including facility closing costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:389.34pt">and discount rates, and is accreted to its projected future value over the life of the asset.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.5pt">The Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122pt;position:var(--position);text-decoration:none;white-space:pre;width:21.65pt">ARO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.65pt;position:var(--position);text-decoration:none;white-space:pre;width:218.13pt">s are recorded in other long-term liabilities in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.78pt;position:var(--position);text-decoration:none;white-space:pre;width:126.6pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.38pt;position:var(--position);text-decoration:none;white-space:pre;width:74pt"> and activity was</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.65pt">as follows:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:437pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.89pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,118<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">25,686<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions and changes in estimate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">8,152<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,192<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities settled during the period</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(735)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(732)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accretion expenses</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,122<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">927<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign currency translation gains</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">133<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">45<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">36,790<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,118<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 28118000 25686000 8152000 2192000 735000 732000 1122000 927000 -133000 -45000 36790000 28118000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.72pt">Goodwill and Indefinite-Lived Intangible Assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:264.22pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.99pt;position:var(--position);text-decoration:none;white-space:pre;width:295.43pt"> Goodwill represents the excess of the purchase price over the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:311.72pt">estimated fair value of net assets acquired in a business combination. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.22pt;position:var(--position);text-decoration:none;white-space:pre;width:25.85pt">As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.07pt;position:var(--position);text-decoration:none;white-space:pre;width:69.77pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.84pt;position:var(--position);text-decoration:none;white-space:pre;width:25.31pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.15pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.39pt;position:var(--position);text-decoration:none;white-space:pre;width:58.08pt">, the carrying</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:159.72pt">value of goodwill recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.22pt;position:var(--position);text-decoration:none;white-space:pre;width:130.68pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.9pt;position:var(--position);text-decoration:none;white-space:pre;width:27.86pt"> was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.76pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$13,990</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.89pt;position:var(--position);text-decoration:none;white-space:pre;width:70.67pt">, consisting of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:474.56pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$7,889</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.13pt;position:var(--position);text-decoration:none;white-space:pre;width:26.76pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.89pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$6,101</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.9pt">attributable to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.4pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.16pt;position:var(--position);text-decoration:none;white-space:pre;width:54.49pt"> brand and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.65pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.41pt;position:var(--position);text-decoration:none;white-space:pre;width:33.73pt"> brand </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.14pt;position:var(--position);text-decoration:none;white-space:pre;width:133.19pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.33pt;position:var(--position);text-decoration:none;white-space:pre;width:157.07pt">s, respectively. The Company also</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:312.42pt">holds an indefinite-lived intangible asset for a trademark related to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.92pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.04pt;position:var(--position);text-decoration:none;white-space:pre;width:33.61pt"> brand. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.65pt;position:var(--position);text-decoration:none;white-space:pre;width:25.81pt">As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:442.46pt;position:var(--position);text-decoration:none;white-space:pre;width:69.73pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.19pt;position:var(--position);text-decoration:none;white-space:pre;width:25.27pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.46pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.78pt">the carrying value of the indefinite-lived intangible asset recorded within other intangible assets in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.28pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.24pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.74pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt"> was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.06pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$15,454</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.19pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">Goodwill and indefinite-lived intangible assets are not amortized and are assessed for impairment at least annually</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">and if events or changes in circumstances indicate that the carrying value may not be recoverable. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:485.2pt">performs its annual goodwill assessment at the reporting unit level (the wholesale channel of each of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.7pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.59pt">brand and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.09pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.85pt;position:var(--position);text-decoration:none;white-space:pre;width:440.55pt"> brand) as of December 31st and performs its annual indefinite-lived intangible asset assessment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.19pt">for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.69pt;position:var(--position);text-decoration:none;white-space:pre;width:21.12pt">Teva</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.81pt;position:var(--position);text-decoration:none;white-space:pre;width:279.09pt"> brand as of October 31st. When evaluating for impairment, t</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.9pt;position:var(--position);text-decoration:none;white-space:pre;width:179.55pt">he Company first performs a qualitative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:721.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">assessment. If the qualitative assessment indicates potential impairment, the Company performs a quantitative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:733.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">assessment to estimate fair value using discounted cash flow models (such as an income approach) and other</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.71pt">market-based valuation techniques. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.21pt;position:var(--position);text-decoration:none;white-space:pre;width:350.2pt">An impairment charge is recognized for the excess of the carrying value over</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.7pt">fair value.</span> 13990000 13990000 7889000 7889000 6101000 6101000 15454000 15454000 0 0 0 15831000 15831000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.35pt">Definite-Lived Intangible and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:190.85pt;position:var(--position);text-decoration:none;white-space:pre;width:120.7pt">Other Long-Lived Assets.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.55pt;position:var(--position);text-decoration:none;white-space:pre;width:250.94pt"> Definite-lived intangible assets include definite-lived</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.36pt">trademarks. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.86pt;position:var(--position);text-decoration:none;white-space:pre;width:28.27pt">As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.13pt;position:var(--position);text-decoration:none;white-space:pre;width:72.19pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.32pt;position:var(--position);text-decoration:none;white-space:pre;width:27.73pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.05pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:257.28pt">, the definite-lived intangible asset net carrying value is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.5699999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:46.1pt">immaterial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">Other long-lived assets include operating lease assets and property and equipment (primarily machinery and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:193.32pt">equipment, internal-use software (including </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.82pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">CCA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.91999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:181.1pt">s), and related leasehold improvements).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.02pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">Definite-lived intangible and other long-lived assets are amortized on a straight-line basis over their estimated useful</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">lives. Definite-lived intangible assets and other long-lived assets are reviewed for impairment at the asset group</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">level, which is the lowest level for which identifiable cash flows are largely independent, when events or changes in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">circumstances indicate that the carrying amount may not be recoverable. If indicators are present, recoverability is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">assessed by comparing the carrying value of the asset group to estimated undiscounted future cash flows; if not</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">recoverable, an impairment loss is recognized for the excess of carrying value over estimated fair value. Estimated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">fair value is generally determined using discounted future cash flows or other market -based valuation techniques.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:211.91pt">Impairment losses, if any, are recorded within </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.61pt;position:var(--position);text-decoration:none;white-space:pre;width:80.59pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.2pt;position:var(--position);text-decoration:none;white-space:pre;width:193.23pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> 0 0 8164000 0 4290000 1015000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.16pt">Derivative Instruments and Hedging Activities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:304.79pt"> The Company may use derivative instruments to partially offset its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">business exposure to foreign currency risk on expected cash flows and certain existing assets and liabilities,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:533pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">primarily intercompany balances. To reduce the volatility in earnings from fluctuations in foreign currency exchange</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:545pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">rates, the Company may hedge a portion of forecasted sales denominated in foreign currencies. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:260.84pt">enters into foreign currency forward or option contracts (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.34pt;position:var(--position);text-decoration:none;white-space:pre;width:87.67pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.01pt;position:var(--position);text-decoration:none;white-space:pre;width:153.25pt">), generally with maturities up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:551.26pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">18</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.78pt">months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.28pt;position:var(--position);text-decoration:none;white-space:pre;width:282.2pt"> or less to manage foreign currency risk and certain of these </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.48pt;position:var(--position);text-decoration:none;white-space:pre;width:87.26pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.74pt;position:var(--position);text-decoration:none;white-space:pre;width:110.76pt"> are designated as cash</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:152.99pt">flow hedges of forecasted sales (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.49pt;position:var(--position);text-decoration:none;white-space:pre;width:50.57pt">Designated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.06pt;position:var(--position);text-decoration:none;white-space:pre;width:266.61pt"> Derivative Contracts). The Company may also enter into </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:42.78pt">derivative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.55pt">contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.05pt;position:var(--position);text-decoration:none;white-space:pre;width:207.75pt"> that are not designated as cash flow hedges (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.8pt;position:var(--position);text-decoration:none;white-space:pre;width:165.73pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.53pt;position:var(--position);text-decoration:none;white-space:pre;width:98.83pt">), to offset a portion of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">anticipated gains and losses on certain intercompany balances until the expected time of repayment. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60pt">does not use </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.6pt;position:var(--position);text-decoration:none;white-space:pre;width:94.43pt"> for trading purposes.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.57pt">Designated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.07pt;position:var(--position);text-decoration:none;white-space:pre;width:23.42pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.49pt;position:var(--position);text-decoration:none;white-space:pre;width:166.19pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.68pt;position:var(--position);text-decoration:none;white-space:pre;width:272.69pt"> are recorded at fair value measured using Level 2 fair value</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:651pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">inputs, consisting of quoted forward spot rates from counterparties at the end of the applicable periods, which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">corroborated by market-based pricing. The related assets and liabilities are classified based on their maturity dates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:675pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.83pt">and recorded in other current assets or other assets, and in other accrued expenses or other long-term liabilities, as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:687pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.77pt">applicable, in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.27pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:7.22pt">C</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:56.72pt;position:var(--position);text-decoration:none;white-space:pre;width:123.56pt">hanges in the fair value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.28pt;position:var(--position);text-decoration:none;white-space:pre;width:145.44pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.72pt;position:var(--position);text-decoration:none;white-space:pre;width:129.59pt"> are recorded, net of tax, in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.31pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.07pt;position:var(--position);text-decoration:none;white-space:pre;width:33.16pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.23pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.81pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.31pt;position:var(--position);text-decoration:none;white-space:pre;width:196.86pt"> and in accumulated other comprehensive </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.17pt;position:var(--position);text-decoration:none;white-space:pre;width:17.78pt">loss</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.95pt;position:var(--position);text-decoration:none;white-space:pre;width:7.52pt"> (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.47pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.68pt;position:var(--position);text-decoration:none;white-space:pre;width:37.57pt">) in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.25pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.65pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.15pt;position:var(--position);text-decoration:none;white-space:pre;width:141.45pt">. Amounts are reclassified from </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.6pt;position:var(--position);text-decoration:none;white-space:pre;width:26.84pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.44pt;position:var(--position);text-decoration:none;white-space:pre;width:86.31pt"> to net sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.75pt;position:var(--position);text-decoration:none;white-space:pre;width:190.68pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:237.48pt"> when the related sales are recognized and to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.21pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.41pt;position:var(--position);text-decoration:none;white-space:pre;width:89.99pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.4pt;position:var(--position);text-decoration:none;white-space:pre;width:126.1pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.11pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.61pt;position:var(--position);text-decoration:none;white-space:pre;width:409.89pt"> after maturity. When it is probable that a forecasted transaction will not occur, the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:315.33pt">discontinues hedge accounting and the accumulated gains or losses in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.83pt;position:var(--position);text-decoration:none;white-space:pre;width:26.84pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.67pt;position:var(--position);text-decoration:none;white-space:pre;width:170.73pt"> related to the hedging relationship are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.34pt">immediately recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.84pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.6pt;position:var(--position);text-decoration:none;white-space:pre;width:32.44pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.04pt;position:var(--position);text-decoration:none;white-space:pre;width:227.73pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.77pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.54pt;position:var(--position);text-decoration:none;white-space:pre;width:120.87pt"> The Company includes all</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:285.24pt">hedge components in its assessment of effectiveness for its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.74pt;position:var(--position);text-decoration:none;white-space:pre;width:88.19pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.93pt;position:var(--position);text-decoration:none;white-space:pre;width:50.12pt">. Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.05pt;position:var(--position);text-decoration:none;white-space:pre;width:89.38pt">Note 4, “Fair Value</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.22pt">Measurements,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.72pt;position:var(--position);text-decoration:none;white-space:pre;width:286.01pt"> for further information on the fair value of derivative instruments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:144.7pt">Changes in the fair value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.2pt;position:var(--position);text-decoration:none;white-space:pre;width:171.75pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.95pt;position:var(--position);text-decoration:none;white-space:pre;width:86.29pt"> are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:452.24pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.44pt;position:var(--position);text-decoration:none;white-space:pre;width:82.92pt"> expenses in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:231.85pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.35pt;position:var(--position);text-decoration:none;white-space:pre;width:281.05pt">. The changes in fair value for these contracts are generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">offset by the remeasurement gains or losses associated with the underlying foreign currency-denominated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.15pt">intercompany balances, which are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.65pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.85pt;position:var(--position);text-decoration:none;white-space:pre;width:79.87pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.72pt;position:var(--position);text-decoration:none;white-space:pre;width:192.69pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:235.45pt">The Company generally enters into over-the-counter </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.95pt;position:var(--position);text-decoration:none;white-space:pre;width:86.27pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.22pt;position:var(--position);text-decoration:none;white-space:pre;width:191.21pt"> with high-credit-quality counterparties, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">therefore considers the risk that counterparties fail to perform according to the terms of the contract as low. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:470.1pt">Company factors the nonperformance risk of the counterparties into the fair value measurements of its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.6pt;position:var(--position);text-decoration:none;white-space:pre;width:42.78pt">derivative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.55pt">contracts</span>. P18M <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:128.06pt">Stock Repurchase Program.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.56pt;position:var(--position);text-decoration:none;white-space:pre;width:384.86pt"> Repurchased shares of the Company’s common stock are retired. The par value of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">repurchased shares is deducted from common stock, and the excess repurchase price over par value as well as the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:303.52pt">portion due for excise taxes, is allocated to retained earnings in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.02pt;position:var(--position);text-decoration:none;white-space:pre;width:126.92pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:99.37pt">Revenue Recognition.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.87pt;position:var(--position);text-decoration:none;white-space:pre;width:413.61pt"> Revenue is recognized when a performance obligation is completed at a point in time and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">when the customer has obtained control. Control passes to the customer when they have the ability to direct the use</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">of and obtain substantially all the remaining benefits from the goods transferred. The amount of revenue recognized</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">is based on the transaction price, which represents the invoiced amount less known actual amounts or estimates of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">variable consideration. The Company recognizes revenue at the transaction price, net of variable consideration,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">including sales returns and allowances for sales discounts and chargebacks, and excludes taxes that are collected</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">from customers and remitted to governmental authorities, such as sales, use, certain excise, and value-added</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:485.7pt">taxes. Revenue excludes fees and sales commissions, which are expensed as incurred and are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.2pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.03pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.53pt;position:var(--position);text-decoration:none;white-space:pre;width:231.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.98pt;position:var(--position);text-decoration:none;white-space:pre;width:203.43pt">. The Company’s customer contracts do not</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:384.32pt">have a significant financing component due to their short durations, which are typically </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.82pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">e</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.38pt;position:var(--position);text-decoration:none;white-space:pre;width:48.83pt">ffective for </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.21pt;position:var(--position);text-decoration:none;white-space:pre;width:38.98pt">one year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.19pt;position:var(--position);text-decoration:none;white-space:pre;width:35.14pt"> or less,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:192.76pt">and have payment terms that are generally </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.26pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">30</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.38pt;position:var(--position);text-decoration:none;white-space:pre;width:13.87pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.25pt;position:var(--position);text-decoration:none;white-space:pre;width:35.01pt">60 days</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.26pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">Wholesale and international distributor revenue is recognized either when products are shipped or when delivered,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">depending on the applicable contract terms. Retail store and e-commerce revenue transactions are recognized at</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">the point of sale and upon shipment, respectively. Shipping and handling costs paid to third-party shipping</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:218.51pt">companies are recorded as cost of sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.01pt;position:var(--position);text-decoration:none;white-space:pre;width:228.49pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.5pt;position:var(--position);text-decoration:none;white-space:pre;width:65.91pt">. Shipping and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">handling costs are a fulfillment service, and, for certain wholesale and all e-commerce transactions, revenue is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:389.72pt">recognized when the customer is deemed to obtain control upon the date of shipment.</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:6.66pt">V</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:56.16pt;position:var(--position);text-decoration:none;white-space:pre;width:104.85pt">ariable Consideration</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:161.01pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.78pt;position:var(--position);text-decoration:none;white-space:pre;width:398.68pt"> Components of variable consideration include the estimated sales return asset and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">liability, as well as allowances for chargebacks and sales discounts. Estimated variable consideration is included in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the transaction price only to the extent it is probable that a significant reversal of cumulative revenue recognized will</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:558.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.98pt">not occur in a future </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:27.79pt">period</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:391.18pt">. The Company reassesses these estimates at each reporting period and adjusts them,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:570.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:265.88pt">as necessary, to reflect changes in facts and circumstances.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.84pt">Sales Return Asset and Liability</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:192.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.11pt;position:var(--position);text-decoration:none;white-space:pre;width:3.21pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.32pt;position:var(--position);text-decoration:none;white-space:pre;width:364.13pt">Reserves are recorded for anticipated future returns of goods shipped prior to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:604.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">end of the reporting period. In general, the Company accepts returns for damaged or defective products for up to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:616.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:349.8pt">one year. Returns are generally accepted from customers and end consumers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.3pt;position:var(--position);text-decoration:none;white-space:pre;width:14.37pt"> up</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.67pt;position:var(--position);text-decoration:none;white-space:pre;width:3.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.92pt;position:var(--position);text-decoration:none;white-space:pre;width:11.58pt">to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">90</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.62pt;position:var(--position);text-decoration:none;white-space:pre;width:19.37pt"> day</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.99pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.99pt;position:var(--position);text-decoration:none;white-space:pre;width:3.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.24pt;position:var(--position);text-decoration:none;white-space:pre;width:95.22pt">from the point of sale</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:628.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.19pt">for cash or credit.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">Sales returns are a refund asset for the right to recover the inventory and a refund liability for the stand-ready right</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">of return. Changes to the refund asset for the right to recover the inventory are recorded against cost of sales and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:674.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:320.08pt">changes in the refund liability are recorded against gross sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.58pt;position:var(--position);text-decoration:none;white-space:pre;width:192.81pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:686.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:480.68pt">. The refund asset for the right to recover the inventory is recorded in other current assets and the related</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:698.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:276.71pt">refund liability is recorded in other accrued expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.21pt;position:var(--position);text-decoration:none;white-space:pre;width:128.82pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.03pt;position:var(--position);text-decoration:none;white-space:pre;width:107.37pt">. The amounts of these</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:710.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">reserves are determined based on several factors, including known and actual returns, historical returns, and any</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:722.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:309.37pt">recent events that could result in a change from historical return rates.</span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.82pt">Allowance for Chargebacks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);text-decoration:none;white-space:pre;width:4.28pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.6pt;position:var(--position);text-decoration:none;white-space:pre;width:380.79pt">The Company provides a trade accounts receivable allowance for chargebacks for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">wholesale channel sales. When customers pay their invoices, they may take deductions against their invoices that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:338.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">can include chargebacks for price adjustments, short shipments, and other reasons. Therefore, the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">records an allowance primarily for known circumstances as well as unknown circumstances based on historical</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">trends related to the timing and amount of chargebacks taken against customer invoices. Additions to the allowance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:159.44pt">are recorded against gross sales or </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.94pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.14pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.69pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.14pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:396.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:139.77pt">Allowance for Sales Discounts.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.27pt;position:var(--position);text-decoration:none;white-space:pre;width:3.45pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.72pt;position:var(--position);text-decoration:none;white-space:pre;width:369.71pt">The Company provides a trade accounts receivable allowance for sales discounts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:408.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">for wholesale channel sales, which reflects a discount that customers may take, generally based on meeting certain</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:420.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.83pt">order, shipment or prompt payment terms. The Company uses the amount of the discounts that are available to be</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:432.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">taken against the period end trade accounts receivable to estimate and record a corresponding reserve for sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:444.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:386.44pt">discounts. Additions to the allowance are recorded against gross sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.94pt;position:var(--position);text-decoration:none;white-space:pre;width:126.44pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:456.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.8pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:478.45pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:90.46pt">Contract Liabilities</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:139.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:3.31pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:416.4pt">Contract liabilities are performance obligations that the Company expects to satisfy or relieve</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:490.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.76pt">within the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.25999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">n</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.82pt;position:var(--position);text-decoration:none;white-space:pre;width:69.55pt">ext 12 months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.14pt;position:var(--position);text-decoration:none;white-space:pre;width:383.33pt"> advance consideration obtained prior to satisfying a performance obligation, or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:502.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">unconditional obligations to provide goods or services under non-cancelable contracts before the transfer of goods</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:514.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.02pt">or services to the customer has occurred.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.52pt;position:var(--position);text-decoration:none;white-space:pre;width:313.95pt"> Contract liabilities are recorded in other accrued expenses in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:526.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.64pt;position:var(--position);text-decoration:none;white-space:pre;width:256.67pt"> and include loyalty programs and other deferred revenue.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:548.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.87pt">Loyalty Programs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:129.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.14pt;position:var(--position);text-decoration:none;white-space:pre;width:4.69pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:69.75pt">The Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.58pt;position:var(--position);text-decoration:none;white-space:pre;width:163.67pt">has certain loyalty programs in its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.25pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">DTC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.79pt;position:var(--position);text-decoration:none;white-space:pre;width:76.86pt"> channel where </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.65pt;position:var(--position);text-decoration:none;white-space:pre;width:94.77pt">consumers can earn</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:560.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495.76pt">rewards from qualifying purchases that are considered a material right for discounts on future purchases. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.26pt;position:var(--position);text-decoration:none;white-space:pre;width:17.22pt">The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Company defers recognition of revenue for unredeemed loyalty awards acquired through qualifying purchases until</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:584.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">the earlier of actual or estimated redemption or expiration. Estimates are determined based on historical redemption</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.14pt">and expiration patterns.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.64pt;position:var(--position);text-decoration:none;white-space:pre;width:4.57pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.93pt">Deferred Revenue.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.43pt;position:var(--position);text-decoration:none;white-space:pre;width:3.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.68pt;position:var(--position);text-decoration:none;white-space:pre;width:424.72pt">Revenue is deferred for wholesale channel transactions when certain conditions outlined within</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the contract terms, including the transfer of control or delivery of product, have not occurred, such as when a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div>wholesale channel customer prepays for ordered product. P1Y P30D P60D <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.92pt">Cost of Sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:110.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.19pt;position:var(--position);text-decoration:none;white-space:pre;width:193.74pt"> Cost of sales for the Company’s goods is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.93pt;position:var(--position);text-decoration:none;white-space:pre;width:255.41pt">primarily for finished goods, as well as related overhead.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:675pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Finished goods include material costs, including commodities, for products; allocation of initial molds; and tooling</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:687pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">cost that are amortized based on minimum contractual quantities of related product and recorded in cost of sales in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.16pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.61pt;position:var(--position);text-decoration:none;white-space:pre;width:113.31pt"> when the product is sold.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.05pt">Distribution Costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:128.55pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.32pt;position:var(--position);text-decoration:none;white-space:pre;width:3.51pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:427.56pt">Distribution costs include payroll and related costs, rent and occupancy, depreciation and other</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.88pt">related costs, and other </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.38pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.58pt;position:var(--position);text-decoration:none;white-space:pre;width:373.87pt"> expenses within other segment items for owned warehousing, third-party logistics</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.79pt">provider (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:17.78pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.07pt;position:var(--position);text-decoration:none;white-space:pre;width:452.35pt">) service fees, and receiving, inspecting, allocating, and packaging product. Distribution costs include</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">fixed costs and variable costs that fluctuate with net sales and are expensed as incurred, which are primarily</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:283.7pt">included in unallocated enterprise and shared brand expenses.</span> 266237000 279090000 238312000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.66pt">Research and Development Costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:204.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.93pt;position:var(--position);text-decoration:none;white-space:pre;width:3.58pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.51pt;position:var(--position);text-decoration:none;white-space:pre;width:351.98pt">Research and development (R&amp;D) costs include payroll and related costs and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:26.15pt">other </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.65pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.85pt;position:var(--position);text-decoration:none;white-space:pre;width:172.97pt"> expenses within other segment items.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.82pt;position:var(--position);text-decoration:none;white-space:pre;width:286.54pt"> R&amp;D costs are expensed as incurred, and included within each</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:254.01pt">reportable operating segment, as applicable, as well as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.51pt;position:var(--position);text-decoration:none;white-space:pre;width:229.65pt">unallocated enterprise and shared brand expenses</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.1600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> 68899000 56676000 49171000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:221pt">Advertising, Marketing, and Promotion Expenses</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:270.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.27pt;position:var(--position);text-decoration:none;white-space:pre;width:289.16pt"> Advertising, marketing, and promotion expenses include media</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">advertising (television, radio, print, social, digital), tactical advertising (signs, banners, point-of-sale materials) and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:156.04pt">other promotional costs; and are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.54pt;position:var(--position);text-decoration:none;white-space:pre;width:356.94pt">specific to the Company’s brands and allocated to each reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:105.44pt">segment, as applicable.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.94pt;position:var(--position);text-decoration:none;white-space:pre;width:55.08pt"> Such costs </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.02pt;position:var(--position);text-decoration:none;white-space:pre;width:58.77pt">amounted to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$495,838</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.48pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.24pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$432,198</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.93pt;position:var(--position);text-decoration:none;white-space:pre;width:25.43pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.36pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$348,852</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.05pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt"> f</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.81pt;position:var(--position);text-decoration:none;white-space:pre;width:28.76pt">or the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.57pt;position:var(--position);text-decoration:none;white-space:pre;width:102.89pt">years ended March 31,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:8.49pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.23pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.47pt;position:var(--position);text-decoration:none;white-space:pre;width:28.12pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.59pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:170.27pt">, respectively, and are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.1pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.3pt;position:var(--position);text-decoration:none;white-space:pre;width:87.35pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.65pt;position:var(--position);text-decoration:none;white-space:pre;width:124.78pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.08pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:409.92pt">. Advertising costs are expensed the first time the advertisement is run or communicated. All</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div>other costs of advertising, marketing, and promotion are expensed as incurred. 495838000 432198000 348852000 3519000 4045000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:126.44pt">Stock-Based Compensation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:175.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.71pt;position:var(--position);text-decoration:none;white-space:pre;width:383.79pt"> All of the Company’s stock-based compensation is classified within stockholders’</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">equity. Stock-based compensation expense is measured at the grant date based on the fair value of the award and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:147.17pt">is recorded, net of forfeitures, in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.67pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.87pt;position:var(--position);text-decoration:none;white-space:pre;width:78.15pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.02pt;position:var(--position);text-decoration:none;white-space:pre;width:227.05pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.0699999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:33.42pt"> ratably</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:396.11pt">over the vesting period. The grant date fair value of time-based restricted stock units (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.61pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.71pt;position:var(--position);text-decoration:none;white-space:pre;width:95.72pt">s) and of employees’</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">purchase rights under the employee stock purchase plans is determined based on the closing market price of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:477pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:216.78pt">Company’s common stock on the date of grant. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.28pt;position:var(--position);text-decoration:none;white-space:pre;width:296.09pt">The grant date fair value of long-term incentive plan performance-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.1pt">based stock units (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.6pt;position:var(--position);text-decoration:none;white-space:pre;width:43.74pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.34pt;position:var(--position);text-decoration:none;white-space:pre;width:385.12pt">s), which include a market condition based on the Company’s relative total stockholder</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.32pt">return (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.82pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt">TSR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.8pt;position:var(--position);text-decoration:none;white-space:pre;width:460.57pt">) as well as financial performance conditions and service requirements, is estimated as of the grant date</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:137.21pt">using a Monte Carlo simulation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.71pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">Determining the fair value and related expense of stock-based compensation requires judgment, including</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">estimating the percentage of awards that will be forfeited and probabilities of meeting the awards’ performance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.21pt">criteria, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:476.66pt">as well as the Company’s reliance on the closing price of its stock on the New York Stock Exchange at or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:571pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:101.3pt">near the time of grant.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.8pt;position:var(--position);text-decoration:none;white-space:pre;width:411.59pt"> If actual forfeitures differ significantly from the estimates or if probabilities change during a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">period, stock-based compensation expense and the Company’s results of operations could be materially impacted.</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:95.27pt">Grants to Directors.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:417.61pt"> Each of the Company’s nonemployee directors was entitled to receive common stock with a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.14pt">total value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.64pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">$170</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.88pt;position:var(--position);text-decoration:none;white-space:pre;width:203.77pt"> for annual service on the Board of Directors (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.65pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.32pt;position:var(--position);text-decoration:none;white-space:pre;width:54.04pt">) during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.36pt;position:var(--position);text-decoration:none;white-space:pre;width:123.2pt">year ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.56pt;position:var(--position);text-decoration:none;white-space:pre;width:22.82pt">. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">shares are issued in equal quarterly installments with the number of shares being determined using the rolling</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333.34pt">average of the closing price of the Company’s common stock during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.84pt;position:var(--position);text-decoration:none;white-space:pre;width:19.45pt">last </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.29pt;position:var(--position);text-decoration:none;white-space:pre;width:13.89pt"><span style="-sec-ix-hidden:f-1026">ten</span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.18pt;position:var(--position);text-decoration:none;white-space:pre;width:34.46pt"> trading</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.64pt;position:var(--position);text-decoration:none;white-space:pre;width:111.76pt"> days leading up to, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">including, the grant date, which is in alignment with the Company’s equity grant guidelines. Each of these shares is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:269.56pt">fully vested and recorded as compensation expense in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.06pt;position:var(--position);text-decoration:none;white-space:pre;width:228.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.51pt;position:var(--position);text-decoration:none;white-space:pre;width:14.89pt"> on</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:92.21pt">the date of issuance.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:155.23pt">Employee Stock Purchase Plans</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:204.73pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.5pt;position:var(--position);text-decoration:none;white-space:pre;width:354.94pt"> In September 2024, the Company’s stockholders approved the 2024 Employee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:101.59pt">Stock Purchase Plan (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.09pt;position:var(--position);text-decoration:none;white-space:pre;width:52.56pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.65pt;position:var(--position);text-decoration:none;white-space:pre;width:30.5pt">). The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.15pt;position:var(--position);text-decoration:none;white-space:pre;width:52.38pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.53pt;position:var(--position);text-decoration:none;white-space:pre;width:3.68pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.21000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:42.02pt">reserves </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.23pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">6,000,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.69pt;position:var(--position);text-decoration:none;white-space:pre;width:185.81pt"> shares of the Company’s common stock</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">for sale to eligible employees using after-tax payroll deductions, which are refundable until purchases are made,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:265.67pt">and are liability-classified. Each offering period under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.17pt;position:var(--position);text-decoration:none;white-space:pre;width:52.97pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.14pt;position:var(--position);text-decoration:none;white-space:pre;width:182.12pt"> is anticipated to run for approximately </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.26pt;position:var(--position);text-decoration:none;white-space:pre;width:12.22pt">six</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.78pt">months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.28pt;position:var(--position);text-decoration:none;white-space:pre;width:419.82pt"> with purchases occurring on the last day of each offering period (no look-back provision) at a </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.1pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">15%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.11pt;position:var(--position);text-decoration:none;white-space:pre;width:40.33pt"> discount</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:407.22pt">on the closing price on that date. The first offering period commenced on March 1, 2025.</span><span style="background-color:#ffffff;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.72pt;position:var(--position);text-decoration:none;white-space:pre;width:3.36pt"><span style="background-color:inherit"> </span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.08pt;position:var(--position);text-decoration:none;white-space:pre;width:99.54pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">5,955,235</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:361.96pt"> shares of common stock remained available for future issuance under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.92pt;position:var(--position);text-decoration:none;white-space:pre;width:52.99pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.91pt;position:var(--position);text-decoration:none;white-space:pre;width:53.55pt">, subject to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:571pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.47pt">adjustment for future stock splits, stock dividends, and similar changes in capitalization.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.65pt">Retirement Plan.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.15pt;position:var(--position);text-decoration:none;white-space:pre;width:315.66pt"> The Company provides a 401(k) defined contribution plan that eligible </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.81pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.69pt;position:var(--position);text-decoration:none;white-space:pre;width:108.68pt"> employees may elect to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:641pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:301.59pt">participate through tax-deferred contributions or other deferrals. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.09pt;position:var(--position);text-decoration:none;white-space:pre;width:114.02pt">The Company matches </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.11pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.12pt;position:var(--position);text-decoration:none;white-space:pre;width:77.36pt"> of each eligible</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:147.36pt">participant’s deferrals on up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.86pt;position:var(--position);text-decoration:none;white-space:pre;width:14.45pt">6%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.31pt;position:var(--position);text-decoration:none;white-space:pre;width:351.08pt"> of eligible compensation. Internationally, the Company has various defined</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">contribution plans. Certain international locations require mandatory contributions under social programs, and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:677pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.32pt">Company contributes at least the statutory minimums</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.82pt;position:var(--position);text-decoration:none;white-space:pre;width:7.01pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.83000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.71pt;position:var(--position);text-decoration:none;white-space:pre;width:176.77pt"> 401(k) matching contributions totaled </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.48pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$6,824</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.05pt;position:var(--position);text-decoration:none;white-space:pre;width:7.01pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.06pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$6,528</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.63pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:689pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.84pt">and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.34pt;position:var(--position);text-decoration:none;white-space:pre;width:30.57pt">$5,129</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.91pt;position:var(--position);text-decoration:none;white-space:pre;width:50pt"> during the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.91pt;position:var(--position);text-decoration:none;white-space:pre;width:4.16pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.07pt;position:var(--position);text-decoration:none;white-space:pre;width:132.8pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.87pt;position:var(--position);text-decoration:none;white-space:pre;width:6.93pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.8pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.04pt;position:var(--position);text-decoration:none;white-space:pre;width:27.77pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.81pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.05pt;position:var(--position);text-decoration:none;white-space:pre;width:168.13pt">, respectively, and were recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.02pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:232.77pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.29pt;position:var(--position);text-decoration:none;white-space:pre;width:201.19pt">. In addition, the Company may also make</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:233.21pt">discretionary profit-sharing contributions to the plan.</span> 0.50 0.06 6824000 6528000 5129000 0 0 0 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.29pt">Non-qualified Deferred Compensation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:218.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.56pt;position:var(--position);text-decoration:none;white-space:pre;width:3.34pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.9pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:231pt;position:var(--position);text-decoration:none;white-space:pre;width:167.66pt">he Company sponsors an unfunded, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.66pt;position:var(--position);text-decoration:none;white-space:pre;width:163.75pt">non-qualified deferred compensation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.94pt">plan (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.44pt;position:var(--position);text-decoration:none;white-space:pre;width:56.14pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:71.2pt">) that provides</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.78pt;position:var(--position);text-decoration:none;white-space:pre;width:356.59pt"> certain members of its management team with the opportunity to defer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.68pt">compensation into the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.18pt;position:var(--position);text-decoration:none;white-space:pre;width:52.91pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.09pt;position:var(--position);text-decoration:none;white-space:pre;width:6.07pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.16pt;position:var(--position);text-decoration:none;white-space:pre;width:20.7pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.86pt;position:var(--position);text-decoration:none;white-space:pre;width:52.91pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.77pt;position:var(--position);text-decoration:none;white-space:pre;width:199.51pt"> year is from January 1st to December 31st.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.28pt;position:var(--position);text-decoration:none;white-space:pre;width:3.48pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.76pt;position:var(--position);text-decoration:none;white-space:pre;width:74.58pt">Participants may</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.41pt">defer up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.91pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.92pt;position:var(--position);text-decoration:none;white-space:pre;width:169.81pt"> of their annual base salary and up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.73pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">95%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.74pt;position:var(--position);text-decoration:none;white-space:pre;width:176.2pt"> of any cash incentive bonus under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.94pt;position:var(--position);text-decoration:none;white-space:pre;width:52.49pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:22.87pt">. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:390.62pt">Company may utilize a trust as an informal reserve for the benefits payable under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.12pt;position:var(--position);text-decoration:none;white-space:pre;width:52.95pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.07pt;position:var(--position);text-decoration:none;white-space:pre;width:69.27pt">, though assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459.61pt">remain subject to claims of general creditors. The Company primarily funds its obligations under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.11pt;position:var(--position);text-decoration:none;white-space:pre;width:53.34pt">NQDC Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:189.41pt">through corporate-owned life insurance. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.91pt;position:var(--position);text-decoration:none;white-space:pre;width:323.51pt">Deferred compensation is recognized based on the fair value of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:100.51pt">participants’ accounts.</span> 0.50 0.95 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.44pt">Self-Insurance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:113.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.71pt;position:var(--position);text-decoration:none;white-space:pre;width:445.76pt"> The Company is self-insured for a significant portion of its employee medical, including pharmacy,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">and dental liability exposures. Liabilities for self-insured exposures are accrued for the amounts expected to be paid</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">based on historical claims experience and actuarial data for forecasted settlements of claims filed and for incurred</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.76pt">but not yet reported claims. Accruals for self-insured exposures are included in accrued payroll in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.26pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.24pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.74pt;position:var(--position);text-decoration:none;white-space:pre;width:426.02pt">. Excess liability insurance has been purchased to limit the amount of self-insured risk on claims.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.83pt">Income Taxes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:114.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.1pt;position:var(--position);text-decoration:none;white-space:pre;width:445.28pt"> Income taxes are accounted for under the asset and liability method. Deferred tax assets and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">liabilities are recognized for the future tax consequences attributable to net operating loss carryforwards and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">temporary differences between the financial statement carrying amounts of existing assets and liabilities and their</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.85pt">respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">taxable income during the years in which those temporary differences are expected to be recovered or settled. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:318.14pt">effect on deferred taxes of a change in tax rates is recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.64pt;position:var(--position);text-decoration:none;white-space:pre;width:194.7pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:207.74pt"> in the period that includes the enactment date.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:304.08pt">The Company recognizes the effect of income tax positions in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.58pt;position:var(--position);text-decoration:none;white-space:pre;width:149.42pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:503pt;position:var(--position);text-decoration:none;white-space:pre;width:59.39pt"> only if those</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">positions are more likely than not to be sustained upon examination. Recognized income tax positions are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:205.84pt">measured at the largest amount of tax benefit </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.34pt;position:var(--position);text-decoration:none;white-space:pre;width:98.2pt">that is more than 50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.54pt;position:var(--position);text-decoration:none;white-space:pre;width:208.95pt"> likely to be realized upon settlement. Changes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">in recognition or measurement are recorded in the period in which the change in judgment occurs. The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.8pt">records interest and penalties accrued for income tax contingencies as interest expense in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.3pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.92pt">statements of comprehensive income</span>. <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:108.21pt">Comprehensive Income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:157.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:401.92pt"> Comprehensive income or loss is the total of net earnings and all other non-owner</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">changes in equity. Comprehensive income or loss includes net income or loss, foreign currency translation</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:310.06pt">adjustments, and unrealized gains and losses on cash flow hedges.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:99.65pt">Net Income per Share</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:149.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:410.58pt"> Basic net income or loss per share represents net income or loss divided by the weighted-</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:545pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">average number of common shares outstanding for the period. Diluted net income or loss per share represents net</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">income or loss divided by the weighted-average number of shares outstanding, including the dilutive impact of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:171.53pt">potential issuances of common stock.</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.81pt">Excluded Awards.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.31pt;position:var(--position);text-decoration:none;white-space:pre;width:3.35pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.66pt;position:var(--position);text-decoration:none;white-space:pre;width:422.82pt">The equity awards excluded from the calculation of the dilutive effect may be excluded due to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">one of the following: (1) the shares were antidilutive or (2) the necessary conditions had not been satisfied for the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">shares to be deemed issuable based on the Company’s performance for the relevant performance period. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">number of shares stated for each of these excluded awards is the maximum number of shares issuable pursuant to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">these awards. For those awards subject to the achievement of performance criteria, the actual number of shares to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">be issued pursuant to such awards will be based on Company performance in future periods, net of forfeitures, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:473.65pt">may be materially lower than the number of shares presented, which could result in a lower dilutive effect.</span> <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:344.4pt">Revenue Recognition and Business Concentrations</span><span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:444.42pt;position:var(--position);text-decoration:none;white-space:pre;width:3.88pt"> </span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:115.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:133.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:119.16pt">Disaggregated Revenue.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.66pt;position:var(--position);text-decoration:none;white-space:pre;width:48.73pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.39pt;position:var(--position);text-decoration:none;white-space:pre;width:203.5pt">Note 13, “Reportable Operating Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.89pt;position:var(--position);text-decoration:none;white-space:pre;width:141.59pt"> for further information on the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.18pt">Company’s disaggregation of revenue</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.68pt;position:var(--position);text-decoration:none;white-space:pre;width:16.1pt"> by </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.78pt;position:var(--position);text-decoration:none;white-space:pre;width:130.57pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:167.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:105.01pt">Channel Concentration.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.28pt;position:var(--position);text-decoration:none;white-space:pre;width:18.32pt">Net </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.6pt;position:var(--position);text-decoration:none;white-space:pre;width:23.34pt">sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.94pt;position:var(--position);text-decoration:none;white-space:pre;width:124.98pt"> by channel were as follows:</span></div><div style="position:var(--position);top:189.8pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Wholesale</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,208,107<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,855,865<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,432,307<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Direct-to-Consumer</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,264,189<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,129,747<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,855,456<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">5,472,296<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,985,612<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,287,763<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:119.45pt">Geographic Concentration.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.72pt;position:var(--position);text-decoration:none;white-space:pre;width:178.87pt">Net sales by geography were as follows:</span></div><div style="position:var(--position);top:297.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Domestic</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,191,518<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,186,709<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,863,674<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">International</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,280,778<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,798,903<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,424,089<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">5,472,296<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,985,612<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,287,763<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:382.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:148.43pt">Foreign Currency Concentration.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.93pt;position:var(--position);text-decoration:none;white-space:pre;width:42.35pt"> For the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.28pt;position:var(--position);text-decoration:none;white-space:pre;width:134.12pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.4pt;position:var(--position);text-decoration:none;white-space:pre;width:7.26pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:381.66pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.9pt;position:var(--position);text-decoration:none;white-space:pre;width:28.43pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.33pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.57pt;position:var(--position);text-decoration:none;white-space:pre;width:7.26pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.83pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.95pt;position:var(--position);text-decoration:none;white-space:pre;width:89.55pt"> single international</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:394.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.54pt">country comprised </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">10.0%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.38pt;position:var(--position);text-decoration:none;white-space:pre;width:222.5pt"> or more of the Company’s total net sales. For the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.88pt;position:var(--position);text-decoration:none;white-space:pre;width:127.44pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.59pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.15pt;position:var(--position);text-decoration:none;white-space:pre;width:22.27pt">, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:406.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:437.95pt">, net sales in foreign currencies, which exclude US denominated distributor sales, were </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.69pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$1,748,061</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.71pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:418.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$1,376,782</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.52000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:24.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.51pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$1,105,057</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.53pt;position:var(--position);text-decoration:none;white-space:pre;width:60.35pt">, respectively.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:440.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49pt">Customer </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:98.5pt;position:var(--position);text-decoration:none;white-space:pre;width:62.23pt">Concentration</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:160.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.89pt"> For the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.39pt;position:var(--position);text-decoration:none;white-space:pre;width:138.84pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:348.23pt;position:var(--position);text-decoration:none;white-space:pre;width:8.44pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.67pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.91pt;position:var(--position);text-decoration:none;white-space:pre;width:30.79pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.7pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.94pt;position:var(--position);text-decoration:none;white-space:pre;width:8.44pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.38pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.92pt"> single global customer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:452.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.23pt">comprised </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">10.0%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.07pt;position:var(--position);text-decoration:none;white-space:pre;width:190.04pt"> or more of the Company’s total net sales. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.11pt;position:var(--position);text-decoration:none;white-space:pre;width:96.34pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.45pt;position:var(--position);text-decoration:none;white-space:pre;width:88.01pt">, the Company has </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.46pt;position:var(--position);text-decoration:none;white-space:pre;width:16.68pt">one</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.14pt;position:var(--position);text-decoration:none;white-space:pre;width:3.11pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.25pt;position:var(--position);text-decoration:none;white-space:pre;width:41.11pt">customer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:464.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.23pt">that represents </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.73pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">18.5%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.07pt;position:var(--position);text-decoration:none;white-space:pre;width:214.27pt"> of trade accounts receivable, net, compared to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.34pt;position:var(--position);text-decoration:none;white-space:pre;width:16.68pt">one</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.02pt;position:var(--position);text-decoration:none;white-space:pre;width:3.17pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.19pt;position:var(--position);text-decoration:none;white-space:pre;width:41.11pt">customer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.3pt;position:var(--position);text-decoration:none;white-space:pre;width:73.4pt"> that represents </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.7pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">13.6%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.04pt;position:var(--position);text-decoration:none;white-space:pre;width:37.45pt"> of trade</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:114.25pt">accounts receivable, net, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.75pt;position:var(--position);text-decoration:none;white-space:pre;width:95.12pt">as of March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.87pt;position:var(--position);text-decoration:none;white-space:pre;width:303.57pt">. Management performs regular evaluations concerning the ability of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:488.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">the Company’s customers to satisfy their obligations to the Company and recognizes an allowance for doubtful</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:500.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.24pt">accounts based on these evaluations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.74pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:522.05pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:6.66pt">V</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:56.16pt;position:var(--position);text-decoration:none;white-space:pre;width:104.85pt">ariable Consideration</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:161.01pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.78pt;position:var(--position);text-decoration:none;white-space:pre;width:398.68pt"> Components of variable consideration include the estimated sales return asset and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">liability, as well as allowances for chargebacks and sales discounts. Estimated variable consideration is included in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the transaction price only to the extent it is probable that a significant reversal of cumulative revenue recognized will</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:558.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.98pt">not occur in a future </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:27.79pt">period</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:391.18pt">. The Company reassesses these estimates at each reporting period and adjusts them,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:570.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:265.88pt">as necessary, to reflect changes in facts and circumstances.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.84pt">Sales Return Asset and Liability</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:192.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.11pt;position:var(--position);text-decoration:none;white-space:pre;width:3.21pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.32pt;position:var(--position);text-decoration:none;white-space:pre;width:364.13pt">Reserves are recorded for anticipated future returns of goods shipped prior to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:604.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">end of the reporting period. In general, the Company accepts returns for damaged or defective products for up to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:616.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:349.8pt">one year. Returns are generally accepted from customers and end consumers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.3pt;position:var(--position);text-decoration:none;white-space:pre;width:14.37pt"> up</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.67pt;position:var(--position);text-decoration:none;white-space:pre;width:3.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.92pt;position:var(--position);text-decoration:none;white-space:pre;width:11.58pt">to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">90</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.62pt;position:var(--position);text-decoration:none;white-space:pre;width:19.37pt"> day</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.99pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.99pt;position:var(--position);text-decoration:none;white-space:pre;width:3.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.24pt;position:var(--position);text-decoration:none;white-space:pre;width:95.22pt">from the point of sale</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:628.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.19pt">for cash or credit.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">Sales returns are a refund asset for the right to recover the inventory and a refund liability for the stand-ready right</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.81pt">of return. Changes to the refund asset for the right to recover the inventory are recorded against cost of sales and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:674.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:320.08pt">changes in the refund liability are recorded against gross sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.58pt;position:var(--position);text-decoration:none;white-space:pre;width:192.81pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:686.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:480.68pt">. The refund asset for the right to recover the inventory is recorded in other current assets and the related</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:698.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:276.71pt">refund liability is recorded in other accrued expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.21pt;position:var(--position);text-decoration:none;white-space:pre;width:128.82pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.03pt;position:var(--position);text-decoration:none;white-space:pre;width:107.37pt">. The amounts of these</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:710.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">reserves are determined based on several factors, including known and actual returns, historical returns, and any</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:722.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:309.37pt">recent events that could result in a change from historical return rates.</span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:207.76pt">The following table summarizes changes in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.26pt;position:var(--position);text-decoration:none;white-space:pre;width:106.09pt"> estimated sales returns</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.35pt;position:var(--position);text-decoration:none;white-space:pre;width:116.65pt"> for the periods presented:</span></div><div style="position:var(--position);top:121pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:20.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.46pt;position:var(--position);white-space:pre">Sales Return </span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24pt;position:var(--position);white-space:pre">Asset</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.46pt;position:var(--position);white-space:pre">Sales Return </span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.78pt;position:var(--position);white-space:pre">Liability</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:20.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance, March 31, 2024</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:20.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">13,866<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:20.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(55,327)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Net additions to sales return liability</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:166.56pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:35.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">74,150<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:35.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(306,968)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Actual returns</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(66,896)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">298,833<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:369pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance, March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:117.61pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:120.38pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">21,120<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(63,462)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Net additions to sales return liability</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:166.56pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">81,681<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(328,887)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Actual returns</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:95.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(75,072)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:95.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">312,294<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:369pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance, March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:117.61pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:120.38pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:110.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">27,729<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:110.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(80,055)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:9.81pt">(1) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.510000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:504.81pt">Net additions to the sales return liability include a provision for anticipated sales returns, which consists of both contractual</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.38pt">return rights and discretionary authorized returns.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:282.85pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:26.03pt"> As of</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:80.86pt;position:var(--position);text-decoration:none;white-space:pre;width:4.26pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:85.12pt;position:var(--position);text-decoration:none;white-space:pre;width:66pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:151.12pt;position:var(--position);text-decoration:none;white-space:pre;width:6.76pt">, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:157.88pt;position:var(--position);text-decoration:none;white-space:pre;width:19.26pt">and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:177.14pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:197.14pt;position:var(--position);text-decoration:none;white-space:pre;width:144.96pt">, the sales return liability includes </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:342.09999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$63,907</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:374.59999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:23.52pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:398.12pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$47,216</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:430.62pt;position:var(--position);text-decoration:none;white-space:pre;width:131.81pt">, respectively, for the wholesale</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:293.65pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.49pt">channel and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:109.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$16,148</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:142.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:144.99pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:162.49pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$16,246</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:194.99pt;position:var(--position);text-decoration:none;white-space:pre;width:84.8pt">, respectively, for the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:279.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:18.47pt">DTC</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:298.26pt;position:var(--position);text-decoration:none;white-space:pre;width:36.49pt"> channel.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.82pt">Allowance for Chargebacks.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.32pt;position:var(--position);text-decoration:none;white-space:pre;width:4.28pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.6pt;position:var(--position);text-decoration:none;white-space:pre;width:380.79pt">The Company provides a trade accounts receivable allowance for chargebacks for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">wholesale channel sales. When customers pay their invoices, they may take deductions against their invoices that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:338.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">can include chargebacks for price adjustments, short shipments, and other reasons. Therefore, the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">records an allowance primarily for known circumstances as well as unknown circumstances based on historical</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">trends related to the timing and amount of chargebacks taken against customer invoices. Additions to the allowance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:159.44pt">are recorded against gross sales or </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.94pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.14pt;position:var(--position);text-decoration:none;white-space:pre;width:75.55pt"> expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.69pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.14pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:396.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:139.77pt">Allowance for Sales Discounts.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.27pt;position:var(--position);text-decoration:none;white-space:pre;width:3.45pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.72pt;position:var(--position);text-decoration:none;white-space:pre;width:369.71pt">The Company provides a trade accounts receivable allowance for sales discounts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:408.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">for wholesale channel sales, which reflects a discount that customers may take, generally based on meeting certain</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:420.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.83pt">order, shipment or prompt payment terms. The Company uses the amount of the discounts that are available to be</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:432.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">taken against the period end trade accounts receivable to estimate and record a corresponding reserve for sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:444.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:386.44pt">discounts. Additions to the allowance are recorded against gross sales in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.94pt;position:var(--position);text-decoration:none;white-space:pre;width:126.44pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:456.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.8pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:478.45pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:90.46pt">Contract Liabilities</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:139.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:3.31pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:416.4pt">Contract liabilities are performance obligations that the Company expects to satisfy or relieve</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:490.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.76pt">within the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.25999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">n</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.82pt;position:var(--position);text-decoration:none;white-space:pre;width:69.55pt">ext 12 months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.14pt;position:var(--position);text-decoration:none;white-space:pre;width:383.33pt"> advance consideration obtained prior to satisfying a performance obligation, or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:502.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">unconditional obligations to provide goods or services under non-cancelable contracts before the transfer of goods</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:514.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.02pt">or services to the customer has occurred.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.52pt;position:var(--position);text-decoration:none;white-space:pre;width:313.95pt"> Contract liabilities are recorded in other accrued expenses in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:526.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.64pt;position:var(--position);text-decoration:none;white-space:pre;width:256.67pt"> and include loyalty programs and other deferred revenue.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:548.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.87pt">Loyalty Programs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:129.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.14pt;position:var(--position);text-decoration:none;white-space:pre;width:4.69pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:69.75pt">The Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.58pt;position:var(--position);text-decoration:none;white-space:pre;width:163.67pt">has certain loyalty programs in its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.25pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">DTC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.79pt;position:var(--position);text-decoration:none;white-space:pre;width:76.86pt"> channel where </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.65pt;position:var(--position);text-decoration:none;white-space:pre;width:94.77pt">consumers can earn</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:560.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495.76pt">rewards from qualifying purchases that are considered a material right for discounts on future purchases. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.26pt;position:var(--position);text-decoration:none;white-space:pre;width:17.22pt">The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Company defers recognition of revenue for unredeemed loyalty awards acquired through qualifying purchases until</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:584.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">the earlier of actual or estimated redemption or expiration. Estimates are determined based on historical redemption</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:596.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.14pt">and expiration patterns.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.64pt;position:var(--position);text-decoration:none;white-space:pre;width:4.57pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.20999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:399.21pt">Activity related to loyalty programs for the contract liability recorded in other accrued</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:608.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.78pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.28pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.42pt;position:var(--position);text-decoration:none;white-space:pre;width:67.2pt"> was as follows</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:630.45pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.89pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(18,566)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(17,586)</span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Redemptions and expirations for loyalty certificates and points recognized in net </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">sales</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">105,066<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">68,080<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred revenue for loyalty points and certificates issued</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(107,500)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(69,060)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(21,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(18,566)</span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.93pt">Deferred Revenue.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.43pt;position:var(--position);text-decoration:none;white-space:pre;width:3.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.68pt;position:var(--position);text-decoration:none;white-space:pre;width:424.72pt">Revenue is deferred for wholesale channel transactions when certain conditions outlined within</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the contract terms, including the transfer of control or delivery of product, have not occurred, such as when a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:272.91pt">wholesale channel customer prepays for ordered product. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:322.41pt;position:var(--position);text-decoration:none;white-space:pre;width:240.06pt">Activity related to deferred revenue for the contract</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.21pt">liability recorded in other accrued expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.85pt;position:var(--position);text-decoration:none;white-space:pre;width:62.2pt"> was as follow</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.05pt;position:var(--position);text-decoration:none;white-space:pre;width:7.77pt">s:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:157pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.89pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(27,305)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,591)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions of customer cash payments</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(100,874)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(80,732)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenue recognized</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">98,040<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">63,018<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(30,139)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(27,305)</span></span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.28pt;position:var(--position);text-decoration:none;white-space:pre;width:18.32pt">Net </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.6pt;position:var(--position);text-decoration:none;white-space:pre;width:23.34pt">sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.94pt;position:var(--position);text-decoration:none;white-space:pre;width:124.98pt"> by channel were as follows:</span><div style="position:var(--position);top:189.8pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Wholesale</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,208,107<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,855,865<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,432,307<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Direct-to-Consumer</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,264,189<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,129,747<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,855,456<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">5,472,296<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,985,612<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,287,763<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.72pt;position:var(--position);text-decoration:none;white-space:pre;width:178.87pt">Net sales by geography were as follows:</span><div style="position:var(--position);top:297.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Domestic</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,191,518<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,186,709<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,863,674<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">International</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">2,280,778<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,798,903<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,424,089<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">5,472,296<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,985,612<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.37pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,287,763<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 3208107000 2855865000 2432307000 2264189000 2129747000 1855456000 5472296000 4985612000 4287763000 3191518000 3186709000 2863674000 2280778000 1798903000 1424089000 5472296000 4985612000 4287763000 1748061000 1376782000 1105057000 0.185 0.136 P90D <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:207.76pt">The following table summarizes changes in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.26pt;position:var(--position);text-decoration:none;white-space:pre;width:106.09pt"> estimated sales returns</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.35pt;position:var(--position);text-decoration:none;white-space:pre;width:116.65pt"> for the periods presented:</span><div style="position:var(--position);top:121pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:20.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.46pt;position:var(--position);white-space:pre">Sales Return </span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24pt;position:var(--position);white-space:pre">Asset</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.46pt;position:var(--position);white-space:pre">Sales Return </span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.78pt;position:var(--position);white-space:pre">Liability</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:20.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance, March 31, 2024</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:20.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">13,866<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:20.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(55,327)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Net additions to sales return liability</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:166.56pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:35.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">74,150<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:35.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(306,968)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Actual returns</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(66,896)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">298,833<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:369pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance, March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:117.61pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:120.38pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">21,120<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(63,462)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Net additions to sales return liability</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:166.56pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">81,681<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(328,887)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Actual returns</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:95.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(75,072)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:95.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">312,294<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:369pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance, March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:117.61pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:120.38pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:110.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">27,729<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:110.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(80,055)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:9.81pt">(1) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.510000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:504.81pt">Net additions to the sales return liability include a provision for anticipated sales returns, which consists of both contractual</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.38pt">return rights and discretionary authorized returns.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:282.85pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:26.03pt"> As of</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:80.86pt;position:var(--position);text-decoration:none;white-space:pre;width:4.26pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:85.12pt;position:var(--position);text-decoration:none;white-space:pre;width:66pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:151.12pt;position:var(--position);text-decoration:none;white-space:pre;width:6.76pt">, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:157.88pt;position:var(--position);text-decoration:none;white-space:pre;width:19.26pt">and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:177.14pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:197.14pt;position:var(--position);text-decoration:none;white-space:pre;width:144.96pt">, the sales return liability includes </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:342.09999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$63,907</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:374.59999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:23.52pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:398.12pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$47,216</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:430.62pt;position:var(--position);text-decoration:none;white-space:pre;width:131.81pt">, respectively, for the wholesale</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:293.65pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.49pt">channel and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:109.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$16,148</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:142.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:144.99pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:162.49pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$16,246</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:194.99pt;position:var(--position);text-decoration:none;white-space:pre;width:84.8pt">, respectively, for the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:279.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:18.47pt">DTC</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:298.26pt;position:var(--position);text-decoration:none;white-space:pre;width:36.49pt"> channel.</span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.20999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:399.21pt">Activity related to loyalty programs for the contract liability recorded in other accrued</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:608.45pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.78pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.28pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.42pt;position:var(--position);text-decoration:none;white-space:pre;width:67.2pt"> was as follows</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:630.45pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.89pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(18,566)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(17,586)</span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Redemptions and expirations for loyalty certificates and points recognized in net </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">sales</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">105,066<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">68,080<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred revenue for loyalty points and certificates issued</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(107,500)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(69,060)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(21,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(18,566)</span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:322.41pt;position:var(--position);text-decoration:none;white-space:pre;width:240.06pt">Activity related to deferred revenue for the contract</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.21pt">liability recorded in other accrued expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.85pt;position:var(--position);text-decoration:none;white-space:pre;width:62.2pt"> was as follow</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.05pt;position:var(--position);text-decoration:none;white-space:pre;width:7.77pt">s:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:157pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.89pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(27,305)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,591)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions of customer cash payments</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(100,874)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(80,732)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenue recognized</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">98,040<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">63,018<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(30,139)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(27,305)</span></span></div></div></div></td></tr></tbody></table></div></div></div> 13866000 55327000 74150000 306968000 66896000 298833000 21120000 63462000 81681000 328887000 75072000 312294000 27729000 80055000 63907000 47216000 16148000 16246000 18566000 17586000 -105066000 -68080000 107500000 69060000 21000000 18566000 27305000 9591000 100874000 80732000 98040000 63018000 30139000 27305000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:162.46pt">Property and Equipment</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:274.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:292.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:252.73pt">Property and equipment, net, are summarized as follows:</span></div><div style="position:var(--position);top:314.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:293.25pt"></td><td style="padding:0;width:72pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:293.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:12.75pt;width:72pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.58pt;position:var(--position);text-decoration:none;white-space:pre">Useful Life </span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.46pt;position:var(--position);text-decoration:none;white-space:pre">(Years)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Land</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:33pt;width:72pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.66pt;position:var(--position);text-decoration:none;white-space:pre">Indefinite</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">32,864<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">32,864<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Building</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:48pt;width:72pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.27pt;position:var(--position);text-decoration:none;white-space:pre">39.5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">63,990<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">41,099<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Machinery and equipment</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:63pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.549999999999997pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.879999999999995pt;position:var(--position);text-decoration:none;white-space:pre">10</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">304,343<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">282,838<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Furniture and fixtures</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:78pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.77pt;position:var(--position);text-decoration:none;white-space:pre">3</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.33pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.66pt;position:var(--position);text-decoration:none;white-space:pre">7</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.22pt;position:var(--position);white-space:pre"> </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">60,132<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">47,464<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:93pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Computer software</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:93pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">3</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.549999999999997pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.879999999999995pt;position:var(--position);text-decoration:none;white-space:pre">10</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:93pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">143,300<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:93pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">139,412<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Leasehold improvements</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:108pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.36pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.919999999999998pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.25pt;position:var(--position);text-decoration:none;white-space:pre">11</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:108pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">179,482<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:108pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">137,806<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Construction in progress</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:123pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,844<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:123pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">47,080<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross property and equipment</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:138pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">794,955<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:138pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">728,563<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:153pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Less accumulated depreciation and amortization</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:153pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(457,173)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:153pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(402,964)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:168pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">337,782<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:168pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">325,599<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:512.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:119.45pt">Geographic Concentration.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.95pt;position:var(--position);text-decoration:none;white-space:pre;width:264.96pt"> Property and equipment, net, by geography was as follows:</span></div><div style="position:var(--position);top:534.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">281,119<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">289,672<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">International</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:57.63pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (1)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">56,663<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">35,927<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">337,782<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">325,599<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:614.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:25.67pt"> As of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:80.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.92pt">March 31, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:123.42pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:143.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:145.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:20.44pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:166.36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:186.36pt;position:var(--position);text-decoration:none;white-space:pre;width:5.22pt">, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:191.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:201.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:360.76pt"> property and equipment, net, associated with any single international country represented</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.5pt">10.0%</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:84pt;position:var(--position);text-decoration:none;white-space:pre;width:242.73pt"> or more of the Company’s total property and equipment, net.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:252.73pt">Property and equipment, net, are summarized as follows:</span><div style="position:var(--position);top:314.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:293.25pt"></td><td style="padding:0;width:72pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:293.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:12.75pt;width:72pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.58pt;position:var(--position);text-decoration:none;white-space:pre">Useful Life </span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.46pt;position:var(--position);text-decoration:none;white-space:pre">(Years)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Land</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:33pt;width:72pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.66pt;position:var(--position);text-decoration:none;white-space:pre">Indefinite</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">32,864<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">32,864<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Building</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:48pt;width:72pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.27pt;position:var(--position);text-decoration:none;white-space:pre">39.5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">63,990<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">41,099<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Machinery and equipment</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:63pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.549999999999997pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.879999999999995pt;position:var(--position);text-decoration:none;white-space:pre">10</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">304,343<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">282,838<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Furniture and fixtures</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:78pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.77pt;position:var(--position);text-decoration:none;white-space:pre">3</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.33pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.66pt;position:var(--position);text-decoration:none;white-space:pre">7</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.22pt;position:var(--position);white-space:pre"> </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">60,132<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">47,464<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:93pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Computer software</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:93pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">3</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.549999999999997pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.879999999999995pt;position:var(--position);text-decoration:none;white-space:pre">10</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:93pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">143,300<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:93pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">139,412<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Leasehold improvements</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:293.25pt;position:var(--position);top:108pt;width:72pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:72pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.36pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.919999999999998pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.25pt;position:var(--position);text-decoration:none;white-space:pre">11</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:108pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">179,482<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:108pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">137,806<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Construction in progress</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:123pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,844<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:123pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">47,080<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross property and equipment</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:138pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">794,955<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:138pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">728,563<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:153pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Less accumulated depreciation and amortization</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:153pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(457,173)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:153pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(402,964)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168pt;width:293.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:293.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:168pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">337,782<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:168pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">325,599<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 32864000 32864000 P39Y6M 63990000 41099000 P1Y P10Y 304343000 282838000 P3Y P7Y 60132000 47464000 P3Y P10Y 143300000 139412000 P1Y P11Y 179482000 137806000 10844000 47080000 794955000 728563000 457173000 402964000 337782000 325599000 Property and equipment, net, by geography was as follows:<div style="position:var(--position);top:534.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">281,119<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">289,672<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">International</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:57.63pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (1)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">56,663<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">35,927<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">337,782<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">325,599<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:614.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:25.67pt"> As of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:80.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.92pt">March 31, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:123.42pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:143.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:145.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:20.44pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:166.36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:186.36pt;position:var(--position);text-decoration:none;white-space:pre;width:5.22pt">, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:191.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:201.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:360.76pt"> property and equipment, net, associated with any single international country represented</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.5pt">10.0%</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:84pt;position:var(--position);text-decoration:none;white-space:pre;width:242.73pt"> or more of the Company’s total property and equipment, net.</span></div> 281119000 289672000 56663000 35927000 337782000 325599000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:168.71pt">Fair Value Measurements</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:663.2pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:681.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">The accounting standard for fair value measurements provides a framework for measuring fair value, which is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:693.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">defined as the price that would be received for an asset or the exit price that would be paid to transfer a liability in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:705.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">the principal or most advantageous market in an orderly transaction between market participants on the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:717.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">measurement date. The fair value hierarchy under this accounting standard requires an entity to maximize the use</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:729.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.22pt">of observable inputs, where available.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:268.84pt">The following summarizes the three levels of inputs required:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:121pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:326.03pt">Level 1: Quoted prices in active markets for identical assets and liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:143pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.87pt">Level 2: Observable inputs other than quoted prices in active markets for identical assets and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:155pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.54pt">liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.96pt">Level 3: Unobservable inputs in which little or no market activity exists, therefore requiring the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:189pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:187.21pt">Company to develop its own assumptions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:211pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">The carrying amount of the Company’s financial instruments, which principally include cash and cash equivalents,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:223pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">trade accounts receivable, net, trade accounts payable, accrued payroll, and other accrued expenses, approximates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:235pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">fair value due to their short-term nature. When the Company makes short-term borrowings, the carrying amounts,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:247pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">which are considered Level 2 liabilities, approximate fair value based upon current rates and terms available to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:259pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.41pt">Company for similar debt. The Company does not currently have any Level 3 assets or liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:281pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:354.66pt">Assets and liabilities that are measured on a recurring basis at fair value in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.16pt;position:var(--position);text-decoration:none;white-space:pre;width:126.92pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.0799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:31.33pt"> are as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:293pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.32pt">follows:</span></div><div style="position:var(--position);top:315pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td><td rowspan="2" style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.52pt;position:var(--position);text-decoration:none;white-space:pre">Measured Using</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.46pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets:</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Money-market funds</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,462,683<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,462,683<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,316<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,316<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">370<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">370<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation asset</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">22,845<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">22,845<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,493,214<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,485,528<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,686<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other accrued expenses:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,407)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,407)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other long-term liabilities:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:220.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(29,291)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(29,291)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:235.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,698)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,698)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:580.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td><td rowspan="2" style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.52pt;position:var(--position);text-decoration:none;white-space:pre">Measured Using</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.46pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets:</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Money-market funds</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,485,555<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,485,555<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Non-Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">75<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">75<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Non-qualified deferred compensation asset</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">16,967<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">16,967<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,504,760<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,502,522<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,238<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:3.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div></div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td><td rowspan="2" style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.52pt;position:var(--position);text-decoration:none;white-space:pre">Measured Using</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.46pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other accrued expenses:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Designated Derivative Contracts liability</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,345)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,345)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other long-term liabilities:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,793)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,793)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,202)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,138)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:244.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.89pt">The fair value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.39pt;position:var(--position);text-decoration:none;white-space:pre;width:144.06pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.45pt;position:var(--position);text-decoration:none;white-space:pre;width:22.96pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:165.73pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.14pt;position:var(--position);text-decoration:none;white-space:pre;width:104.25pt"> is determined by using</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">quoted market prices of the same or similar instruments, including spot and forward currency exchange rates,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:370.29pt">adjusted for counterparty exposure and the Company’s own credit risk, if any.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.79pt;position:var(--position);text-decoration:none;white-space:pre;width:49pt"> Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.79pt;position:var(--position);text-decoration:none;white-space:pre;width:93.59pt">Note 10, “Derivative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.31pt">Instruments,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.81pt;position:var(--position);text-decoration:none;white-space:pre;width:157.87pt"> for further information regarding </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.68pt;position:var(--position);text-decoration:none;white-space:pre;width:148.04pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.72pt;position:var(--position);text-decoration:none;white-space:pre;width:26.94pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.66pt;position:var(--position);text-decoration:none;white-space:pre;width:121.81pt">Non-Designated Derivative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:292.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:42.77pt">Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:21.73pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.23pt;position:var(--position);text-decoration:none;white-space:pre;width:49.83pt">Company’s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.06pt;position:var(--position);text-decoration:none;white-space:pre;width:441.4pt"> non-financial assets, such as other long-lived assets and definite-lived intangible assets, which</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">include operating lease assets, machinery and equipment, leasehold improvements, definite-lived trademarks; as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:338.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">well as indefinite-lived intangible assets and goodwill, are not required to be carried at fair value on a recurring basis</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">and are reported at carrying value. Instead, these assets are tested for impairment annually, or when an event</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">occurs or changes in circumstances indicate the carrying value may not be recoverable. When determining fair</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">value, Level 3 measurements are used for the estimates and assumptions, including undiscounted future cash flows</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:386.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">expected to be generated by the asset groups based upon historical experience, expected market conditions, as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:398.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:128.15pt">well as management’s plans.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">The accounting standard for fair value measurements provides a framework for measuring fair value, which is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:693.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">defined as the price that would be received for an asset or the exit price that would be paid to transfer a liability in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:705.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">the principal or most advantageous market in an orderly transaction between market participants on the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:717.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">measurement date. The fair value hierarchy under this accounting standard requires an entity to maximize the use</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:729.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.22pt">of observable inputs, where available.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:268.84pt">The following summarizes the three levels of inputs required:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:121pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:326.03pt">Level 1: Quoted prices in active markets for identical assets and liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:143pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.87pt">Level 2: Observable inputs other than quoted prices in active markets for identical assets and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:155pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.54pt">liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.96pt">Level 3: Unobservable inputs in which little or no market activity exists, therefore requiring the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:189pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:187.21pt">Company to develop its own assumptions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:211pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">The carrying amount of the Company’s financial instruments, which principally include cash and cash equivalents,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:223pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">trade accounts receivable, net, trade accounts payable, accrued payroll, and other accrued expenses, approximates</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:235pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">fair value due to their short-term nature. When the Company makes short-term borrowings, the carrying amounts,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:247pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">which are considered Level 2 liabilities, approximate fair value based upon current rates and terms available to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:259pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.41pt">Company for similar debt. The Company does not currently have any Level 3 assets or liabilities.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:354.66pt">Assets and liabilities that are measured on a recurring basis at fair value in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.16pt;position:var(--position);text-decoration:none;white-space:pre;width:126.92pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.0799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:31.33pt"> are as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:293pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.32pt">follows:</span></div><div style="position:var(--position);top:315pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td><td rowspan="2" style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.52pt;position:var(--position);text-decoration:none;white-space:pre">Measured Using</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.46pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets:</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Money-market funds</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,462,683<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,462,683<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,316<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,316<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">370<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">370<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation asset</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">22,845<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">22,845<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,493,214<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,485,528<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,686<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other accrued expenses:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,407)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,407)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other long-term liabilities:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:220.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(29,291)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(29,291)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:235.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,698)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,698)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:580.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td><td rowspan="2" style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.52pt;position:var(--position);text-decoration:none;white-space:pre">Measured Using</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.46pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets:</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Money-market funds</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,485,555<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,485,555<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Non-Designated Derivative Contracts asset</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">75<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">75<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Non-qualified deferred compensation asset</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">16,967<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">16,967<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,504,760<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,502,522<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,238<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:3.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td><td rowspan="2" style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.52pt;position:var(--position);text-decoration:none;white-space:pre">Measured Using</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.46pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other accrued expenses:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Designated Derivative Contracts liability</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,345)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,345)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other long-term liabilities:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-qualified deferred compensation liability</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,793)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,793)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities measured at fair value</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,202)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,138)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 1462683000 1462683000 0 0 7316000 0 7316000 0 370000 0 370000 0 22845000 22845000 0 0 1493214000 1485528000 7686000 0 2407000 2407000 0 0 29291000 29291000 0 0 31698000 31698000 0 0 1485555000 1485555000 0 0 2163000 0 2163000 0 75000 0 75000 0 16967000 16967000 0 0 1504760000 1502522000 2238000 0 64000 0 64000 0 2345000 2345000 0 0 22793000 22793000 0 0 25202000 25138000 64000 0 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:92.53pt">Income Taxes</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:437.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:455.3pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.48pt">Income Before Income Taxes.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.98pt;position:var(--position);text-decoration:none;white-space:pre;width:6.25pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.23pt;position:var(--position);text-decoration:none;white-space:pre;width:299.08pt">Components of income before income taxes recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.31pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:467.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.55pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.05pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:489.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Domestic </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:47.06pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,084,446<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,033,428<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">688,981<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">241,910<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">209,871<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">289,960<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,326,356<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,243,299<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">978,941<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572.558pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-5.03pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:3.69pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.52pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:41.16pt">Domestic </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:99.68pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:28.98pt">income</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:128.66pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:121.1pt"> before income taxes for the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:249.76pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:114.73pt">year ended March 31, 2024</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:364.49pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.99pt;position:var(--position);text-decoration:none;top:-2.758pt;white-space:pre;width:3.96pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:370.95pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:191.55pt">is presented net of intercompany dividends (or</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.49pt">repatriated cash) of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:142.99pt;position:var(--position);text-decoration:none;white-space:pre;width:37.5pt">$250,000</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:180.49pt;position:var(--position);text-decoration:none;white-space:pre;width:6.51pt">. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:187pt;position:var(--position);text-decoration:none;white-space:pre;width:11.49pt">No</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:198.49pt;position:var(--position);text-decoration:none;white-space:pre;width:191.95pt"> intercompany dividends (or repatriated cash) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:390.44pt;position:var(--position);text-decoration:none;white-space:pre;width:172pt">that were subject to income taxes from a</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.45pt">foreign subsidiary</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:128.95pt;position:var(--position);text-decoration:none;white-space:pre;width:88.94pt"> were declared during </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:217.89pt;position:var(--position);text-decoration:none;white-space:pre;width:114.47pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:332.36pt;position:var(--position);text-decoration:none;white-space:pre;width:22.5pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:354.86pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:374.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:104.27pt">Income Tax Expense.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:4.1pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.87pt;position:var(--position);text-decoration:none;white-space:pre;width:283.06pt">Components of income tax expense (benefit) recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.93pt;position:var(--position);text-decoration:none;white-space:pre;width:121.54pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.8pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.3pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:133pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Current income taxes</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Federal</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">205,062<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">177,652<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">146,939<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">State</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">34,461<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">43,847<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">32,065<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">53,978<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">61,254<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">41,884<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total current income taxes</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">293,501<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">282,753<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">220,888<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred income taxes</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Federal</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">11,649<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,134)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(3,113)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">State</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,329<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">219<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,336)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,194)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,630)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,939<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred income taxes</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">8,784<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,545)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,510)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total income tax expense</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">302,285<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">277,208<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">219,378<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:338.5pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:177.56pt">Income Tax Expense Reconciliation</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:227.06pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.83pt;position:var(--position);text-decoration:none;white-space:pre;width:5.15pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.98pt;position:var(--position);text-decoration:none;white-space:pre;width:156.11pt">The following tables provide the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.09pt;position:var(--position);text-decoration:none;white-space:pre;width:171.35pt">reconciliation of income tax expense</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.82pt">(benefit) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.32pt;position:var(--position);text-decoration:none;white-space:pre;width:473.01pt">to the amount computed by applying the US federal statutory tax rate to income before income taxes. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:125.5pt">following table reflects the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175pt;position:var(--position);text-decoration:none;white-space:pre;width:51.12pt">prospective</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.12pt;position:var(--position);text-decoration:none;white-space:pre;width:60.26pt"> adoption of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.38pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.92pt;position:var(--position);text-decoration:none;white-space:pre;width:46.11pt"> 2023-09 </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.03pt;position:var(--position);text-decoration:none;white-space:pre;width:209.43pt">and the subsequent table provides prior year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.55pt">reconciliations before the adoption of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.05pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.59pt;position:var(--position);text-decoration:none;white-space:pre;width:42.23pt"> 2023-09.</span></div><div style="position:var(--position);top:396.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:31.05pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:62.74pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">US federal statutory tax rate</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">278,535<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">21.0<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Domestic</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">United States</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);white-space:pre">State income taxes, net of federal income tax benefit </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:256.11pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">30,417<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">2.3<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of cross-border tax laws</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign tax credits</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,919)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(2.0)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Global intangible low-taxed income (commonly known as GILTI)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">25,819<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">1.9<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign derived intangible income (commonly known as FDII)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(19,456)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(1.5)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,400<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.3<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax credits</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,700)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(0.1)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Changes in valuation allowances</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,060)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(0.3)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Nontaxable or nondeductible items</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,862<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.6<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.87pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Other adjustments</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">799<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.1<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:221.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);white-space:pre">Effects of changes in tax laws or rates enacted in the current period </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:321.48pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:221.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:221.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:46.78pt;position:var(--position)"></span><span style="left:46.78pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:236.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Foreign tax effects</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:251.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Other foreign jurisdictions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:251.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,140)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:251.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(0.4)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:266.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Changes in net unrecognized tax benefits</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:266.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">11,728<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:266.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.9<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:281.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective income tax expense and rate</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:281.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">302,285<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:281.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">22.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:702.75pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:61.85pt"> State taxes in </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:116.68pt;position:var(--position);text-decoration:none;white-space:pre;width:162.37pt">California, New York, and Pennsylvania </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:279.05pt;position:var(--position);text-decoration:none;white-space:pre;width:283.39pt">made up the majority (greater than 50 percent) of the tax effect in this</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.33pt">category.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:729.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:8.75pt">(2) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.45pt;position:var(--position);text-decoration:none;white-space:pre;width:185.41pt">No impact applicable to the periods presented.</span></div></div><div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:28.83pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Computed expected income taxes</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">261,093<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">205,578<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">State income taxes, net of federal income tax benefit</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">45,991<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">32,023<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign rate differential</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(13,078)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(15,976)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Gross unrecognized tax benefits</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,594)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,301<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Intercompany transfers of assets</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,430<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,817)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">US tax on foreign earnings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(14,548)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,750<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(11,086)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,481)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">277,208<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">219,378<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:259.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:492.3pt">The following table presents cash paid for income taxes, net of refunds, reflecting the prospective adoption of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.8pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:271.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.46pt">2023-09:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:293.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:414.75pt"></td><td style="padding:0;width:98.25pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.55pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:12.75pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.24pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Federal</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:25.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:49.85pt"></span></span><span style="left:58.04pt;position:var(--position)">181,284<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">State</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:40.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">18,465<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">China</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:70.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">15,991<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other foreign jurisdictions</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:85.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">18,574<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:414.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Total foreign</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:100.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">34,565<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total cash paid for income taxes, net of refunds</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:115.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:49.85pt"></span></span><span style="left:58.04pt;position:var(--position)">234,314<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.06pt">For the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.56pt;position:var(--position);text-decoration:none;white-space:pre;width:138.52pt">years ended March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.08pt;position:var(--position);text-decoration:none;white-space:pre;width:30.63pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.95pt;position:var(--position);text-decoration:none;white-space:pre;width:167.48pt">, cash paid for income taxes was </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:448.43pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$345,397</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.12pt;position:var(--position);text-decoration:none;white-space:pre;width:27.86pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.98pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$234,062</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.03pt">respectively, gross</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.53pt;position:var(--position);text-decoration:none;white-space:pre;width:59.97pt"> of immaterial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.5pt;position:var(--position);text-decoration:none;white-space:pre;width:54.98pt"> tax refunds.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:473pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.27pt">Deferred Taxes.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.77pt;position:var(--position);text-decoration:none;white-space:pre;width:2.87pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.64pt;position:var(--position);text-decoration:none;white-space:pre;width:434.81pt">The tax effects of temporary differences that give rise to significant portions of deferred tax assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:179.96pt">and deferred tax liabilities are as follows:</span></div><div style="position:var(--position);top:507pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Amortization of intangible assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">12,413<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Operating lease liabilities</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">42,032<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">38,051<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Uniform capitalization adjustment to inventory</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">9,713<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,723<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">State related taxes and credit carryforwards</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,268<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,107<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Reserves and accruals</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">80,216<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">69,803<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Net operating loss carry-forwards</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">11,033<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,421<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">964<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,188<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Gross deferred tax assets</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">146,226<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">145,706<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Valuation allowances</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(3,957)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,138)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:19.88pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred tax assets</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">142,269<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">140,568<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div></div><div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(10,239)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(8,727)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Operating lease assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,925)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(29,189)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation of property and equipment</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,825)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(23,359)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,779)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,702)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:19.88pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred tax liabilities</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(73,768)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(62,977)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets, net</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">68,501<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">77,591<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:17.22pt">The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.72pt;position:var(--position);text-decoration:none;white-space:pre;width:359.98pt"> deferred tax assets are currently expected to be realized between fiscal years </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.7pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2027</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:448.94pt;position:var(--position);text-decoration:none;white-space:pre;width:24.02pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.96pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2032</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.97pt;position:var(--position);text-decoration:none;white-space:pre;width:3.67pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.64pt;position:var(--position);text-decoration:none;white-space:pre;width:60.69pt">Based on the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">level of historical taxable income and projections for future taxable income over the periods in which the deferred</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">tax assets are deductible, management believes it is more likely than not that the results of future operations will</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:321.18pt">generate sufficient taxable income to realize the net deferred tax assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.68pt;position:var(--position);text-decoration:none;white-space:pre;width:5.89pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.57pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.67pt;position:var(--position);text-decoration:none;white-space:pre;width:179.72pt">he Company’s tax valuation allowances,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">and changes therein, are primarily driven by foreign losses in jurisdictions in which the Company expects limited</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:144.19pt">future profitability, as well as the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.69pt;position:var(--position);text-decoration:none;white-space:pre;width:35.56pt">release </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.25pt;position:var(--position);text-decoration:none;white-space:pre;width:106.67pt">of a valuation allowance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.92pt;position:var(--position);text-decoration:none;white-space:pre;width:116.63pt"> on domestic tax attributes</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:452.55pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.26pt">Repatriation of Cash. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.76pt;position:var(--position);text-decoration:none;white-space:pre;width:179.26pt">Certain earnings of the Company’s non‑</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.02pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.9pt;position:var(--position);text-decoration:none;white-space:pre;width:77.17pt"> subsidiaries are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.07pt;position:var(--position);text-decoration:none;white-space:pre;width:43.31pt">subject to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.38pt;position:var(--position);text-decoration:none;white-space:pre;width:3.31pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.69pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.57pt;position:var(--position);text-decoration:none;white-space:pre;width:83.85pt"> taxation, including</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.17pt">amounts treated as global intangible low-taxed income (commonly known as GILTI),</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.67pt;position:var(--position);text-decoration:none;white-space:pre;width:127.72pt"> which limits the differences</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:442.51pt">between the financial reporting and income tax basis of foreign undistributed earnings. In addition, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.01pt;position:var(--position);text-decoration:none;white-space:pre;width:70.37pt">as of March 31,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.74pt;position:var(--position);text-decoration:none;white-space:pre;width:476.78pt">, foreign withholding taxes have not been provided on unremitted earnings of the Company’s non‑</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.52pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">subsidiaries, as these amounts are considered to be indefinitely reinvested. The Company expects to repatriate</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:463.51pt">foreign earnings, and the related cash, only to the extent such earnings have been or will be subject to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.01pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.89pt;position:var(--position);text-decoration:none;white-space:pre;width:35.48pt"> income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:383.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:284.32pt">tax and such cash is not required to fund ongoing operations. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.82pt;position:var(--position);text-decoration:none;white-space:pre;width:228.64pt">Due to the number of foreign jurisdictions involved</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.85pt">and the variability in applicable tax laws, the Company is unable to reasonably estimate the amount of foreign</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:257.78pt">withholding taxes that may be incurred upon repatriation. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.28pt;position:var(--position);text-decoration:none;white-space:pre;width:12.78pt">No</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.06pt;position:var(--position);text-decoration:none;white-space:pre;width:242.38pt"> intercompany dividends subject to foreign withholding</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:419.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:204.43pt">tax were declared by the Company during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.93pt;position:var(--position);text-decoration:none;white-space:pre;width:122.24pt">year ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.17pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441.5pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.16pt">Changes in</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:105.66pt;position:var(--position);text-decoration:none;white-space:pre;width:49.6pt"> Tax Law.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.26pt;position:var(--position);text-decoration:none;white-space:pre;width:407.23pt"> The Company has evaluated and is currently monitoring the impact of recent tax law</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.22pt">changes on its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.72pt;position:var(--position);text-decoration:none;white-space:pre;width:147.22pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.94pt;position:var(--position);text-decoration:none;white-space:pre;width:75.52pt"> for the following:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:322.37pt">On July 4, 2025, H.R. 1, also known as the One Big Beautiful Bill </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.87pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">Act</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.3pt;position:var(--position);text-decoration:none;white-space:pre;width:104.18pt">, was signed into law.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.98pt">Elements relevant to the Company include the reinstatement of bonus depreciation, the deductibility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.9pt">of domestic research and development expenses, and modifications to international provisions. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:349.86pt">legislation has multiple effective dates, with certain provisions effective during </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.36pt;position:var(--position);text-decoration:none;white-space:pre;width:71.06pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt"> and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:287.87pt">other relevant provisions effective during the fiscal year ending </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.37pt;position:var(--position);text-decoration:none;white-space:pre;width:71.37pt">March 31, 2027</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.74pt;position:var(--position);text-decoration:none;white-space:pre;width:7.06pt"> (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.8pt;position:var(--position);text-decoration:none;white-space:pre;width:68.57pt">next fiscal year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.37pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:99.63pt">The Company applied</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.13pt;position:var(--position);text-decoration:none;white-space:pre;width:114.99pt"> the applicable provisions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.12pt;position:var(--position);text-decoration:none;white-space:pre;width:29.6pt"> of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.72pt;position:var(--position);text-decoration:none;white-space:pre;width:61.43pt"> new tax law </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.15pt;position:var(--position);text-decoration:none;white-space:pre;width:31.48pt">during </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.63pt;position:var(--position);text-decoration:none;white-space:pre;width:71.84pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.47pt;position:var(--position);text-decoration:none;white-space:pre;width:32.02pt">, which</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:254.62pt">did not have a material impact on the effective tax rate,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.12pt;position:var(--position);text-decoration:none;white-space:pre;width:71.96pt"> but did provide</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:448.08pt;position:var(--position);text-decoration:none;white-space:pre;width:114.36pt"> cash tax benefits due to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:121.67pt">accelerated tax deductions.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:583.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.94pt">Various jurisdictions in which the Company operates have enacted legislation in response to Pillar</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:595.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.75pt">Two model rules (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.25pt;position:var(--position);text-decoration:none;white-space:pre;width:44.09pt">Pillar Two</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.34pt;position:var(--position);text-decoration:none;white-space:pre;width:315.1pt">) that were previously released by the Organization for Economic Co-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:607.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.97pt">operation and Development (commonly known as OECD), introducing a 15% global minimum tax</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:619.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:375.36pt">rate applied on a country-by-country basis for large multinational corporations. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.86pt;position:var(--position);text-decoration:none;white-space:pre;width:65.56pt">The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:631.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.24pt">applied</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.74pt;position:var(--position);text-decoration:none;white-space:pre;width:113.46pt"> the applicable provisions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.2pt;position:var(--position);text-decoration:none;white-space:pre;width:118.94pt"> of the new tax law during </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.14pt;position:var(--position);text-decoration:none;white-space:pre;width:70.82pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.73pt;position:var(--position);text-decoration:none;white-space:pre;width:102.75pt"> The effects of the new</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:643.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.9pt">tax law are included in the ‘Foreign tax effects’ line item in the section above titled “Income Tax</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:655.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:384.78pt">Expense Reconciliation,” but did not have a material impact on the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.28pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:667.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:88.56pt">financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.06pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:174.23pt"> The Company will continue to monitor </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.06pt;position:var(--position);text-decoration:none;white-space:pre;width:43.37pt">Pillar Two</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.43pt;position:var(--position);text-decoration:none;white-space:pre;width:132.06pt"> developments and reflect the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:679.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.92pt">impact of legislative changes in future periods including the additional guidance released in January</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:440.94pt">2026 regarding the Side-by-Side Framework to exclude US parented companies from the scope of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.22pt">some </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.72pt;position:var(--position);text-decoration:none;white-space:pre;width:43.13pt">Pillar Two</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.85pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt"> taxes.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:725.5pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:129.05pt">Unrecognized Tax Benefits</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:178.55pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.32pt;position:var(--position);text-decoration:none;white-space:pre;width:381.07pt"> When tax returns are filed, some positions taken are subject to uncertainty about the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:737.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.63pt">merits of the position taken or the amount that would be ultimately sustained upon examination. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.13pt;position:var(--position);text-decoration:none;white-space:pre;width:86.32pt">The benefit of a tax</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.45pt">position is recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.95pt;position:var(--position);text-decoration:none;white-space:pre;width:148.74pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.69pt;position:var(--position);text-decoration:none;white-space:pre;width:243.68pt"> during the period in which the Company believes it is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">more likely than not that the position will be sustained upon examination by taxing authorities, and is presented in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:410.23pt">the ‘Changes in net unrecognized tax benefits’ line item in the section above titled </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.73pt;position:var(--position);text-decoration:none;white-space:pre;width:102.69pt">“Income Tax Expense</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:68.33pt">Reconciliation.”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.83pt;position:var(--position);text-decoration:none;white-space:pre;width:3.37pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.2pt;position:var(--position);text-decoration:none;white-space:pre;width:441.29pt">The recognition threshold is measured as the largest amount of tax benefit that is more than 50%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">likely to be realized upon settlement. The portion of the benefit that exceeds the amount measured, as described</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">above, is recorded as a liability for unrecognized tax benefits, along with any associated interest and penalties, in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.16pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:477.74pt">A reconciliation of the beginning and ending amounts of total gross unrecognized tax benefits are as follows:</span></div><div style="position:var(--position);top:215pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">21,233<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">45,620<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">44,901<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross increase related to current year tax positions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,400<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,499<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,318<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross increase related to prior year tax positions</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">8,669<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,662<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,629<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross decrease related to prior year tax positions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,738)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,309)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,698)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Settlements with taxing authorities</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,800)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,793)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(582)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Lapse of statute of limitations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,426)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,446)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,948)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">26,338<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">21,233<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">45,620<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:360.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:237.21pt">Total gross unrecognized tax benefits recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.85pt;position:var(--position);text-decoration:none;white-space:pre;width:66.64pt"> are as follows:</span></div><div style="position:var(--position);top:382.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liability</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Income tax payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">6,206<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,688<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Long-term liability</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Income tax liability</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">20,132<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">15,545<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">26,338<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">21,233<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:498pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:101.98pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:28.49pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.97pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.21pt;position:var(--position);text-decoration:none;white-space:pre;width:36.26pt">, gross </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.47pt;position:var(--position);text-decoration:none;white-space:pre;width:160.9pt">unrecognized tax benefits exclude </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.37pt;position:var(--position);text-decoration:none;white-space:pre;width:46.1pt">immaterial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.47pt;position:var(--position);text-decoration:none;white-space:pre;width:116.96pt"> federal benefits for state</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:510pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">income taxes related to uncertain tax positions in the Company’s income tax returns that would affect the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:522pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:456.76pt">Company’s effective tax rate, if recognized. Interest and penalties recorded in income tax liability in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.26pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:69.83pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.33pt;position:var(--position);text-decoration:none;white-space:pre;width:5.36pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.69pt;position:var(--position);text-decoration:none;white-space:pre;width:104.24pt">as of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.93pt;position:var(--position);text-decoration:none;white-space:pre;width:30.17pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.1pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.34000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:156.99pt">, and in interest expense in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.33pt;position:var(--position);text-decoration:none;white-space:pre;width:124.06pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.8pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.3pt;position:var(--position);text-decoration:none;white-space:pre;width:49.99pt"> during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.29pt;position:var(--position);text-decoration:none;white-space:pre;width:127.24pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.53pt;position:var(--position);text-decoration:none;white-space:pre;width:5.54pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.07pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.31pt;position:var(--position);text-decoration:none;white-space:pre;width:24.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.3pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.54pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt">, were </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.52pt;position:var(--position);text-decoration:none;white-space:pre;width:46.1pt">immaterial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:568pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">The Company has on-going income tax examinations in various state and foreign tax jurisdictions and regularly</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:499.1pt">assesses tax positions taken during years open to examination. The Company files income tax returns in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.6pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:303.32pt">federal jurisdiction and various state, local, and foreign jurisdictions. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.82pt;position:var(--position);text-decoration:none;white-space:pre;width:94.97pt">With few exceptions, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.79pt;position:var(--position);text-decoration:none;white-space:pre;width:114.65pt">the Company is no longer</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:604pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.54pt">subject to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.92pt;position:var(--position);text-decoration:none;white-space:pre;width:407.11pt"> federal, state, local, or foreign income tax examinations by tax authorities before fiscal year </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.03pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2022</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:626pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">Although the Company believes its tax estimates are reasonable and prepares its tax filings in accordance with all</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:638pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">applicable tax laws, the final determination with respect to any tax audits, and any related litigation, could be</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">materially different from the Company’s estimates or from its historical income tax provisions and accruals. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">results of an audit or litigation could have a material impact on results of operations or cash flows in the periods for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:674pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">which that determination is made. In addition, future period earnings may be adversely impacted by litigation costs,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:686pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:217.22pt">settlements, penalties, or interest assessments. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.72pt;position:var(--position);text-decoration:none;white-space:pre;width:295.76pt">However, management does not currently expect any such audits</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:698pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:257.01pt">and inquiries to have a material impact on the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.51pt;position:var(--position);text-decoration:none;white-space:pre;width:147.22pt">consolidated financial statements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.73pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.23pt;position:var(--position);text-decoration:none;white-space:pre;width:299.08pt">Components of income before income taxes recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.31pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:467.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.55pt">statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.05pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:489.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Domestic </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:47.06pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,084,446<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,033,428<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">688,981<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">241,910<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">209,871<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">289,960<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,326,356<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,243,299<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">978,941<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572.558pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-5.03pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:3.69pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.52pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:41.16pt">Domestic </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:99.68pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:28.98pt">income</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:128.66pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:121.1pt"> before income taxes for the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:249.76pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:114.73pt">year ended March 31, 2024</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:364.49pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.99pt;position:var(--position);text-decoration:none;top:-2.758pt;white-space:pre;width:3.96pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:370.95pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:191.55pt">is presented net of intercompany dividends (or</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:581.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.49pt">repatriated cash) of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:142.99pt;position:var(--position);text-decoration:none;white-space:pre;width:37.5pt">$250,000</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:180.49pt;position:var(--position);text-decoration:none;white-space:pre;width:6.51pt">. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:187pt;position:var(--position);text-decoration:none;white-space:pre;width:11.49pt">No</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:198.49pt;position:var(--position);text-decoration:none;white-space:pre;width:191.95pt"> intercompany dividends (or repatriated cash) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:390.44pt;position:var(--position);text-decoration:none;white-space:pre;width:172pt">that were subject to income taxes from a</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.45pt">foreign subsidiary</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:128.95pt;position:var(--position);text-decoration:none;white-space:pre;width:88.94pt"> were declared during </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:217.89pt;position:var(--position);text-decoration:none;white-space:pre;width:114.47pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:332.36pt;position:var(--position);text-decoration:none;white-space:pre;width:22.5pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:354.86pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:374.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div> 1084446000 1033428000 688981000 241910000 209871000 289960000 1326356000 1243299000 978941000 250000000 0 0 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.87pt;position:var(--position);text-decoration:none;white-space:pre;width:283.06pt">Components of income tax expense (benefit) recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.93pt;position:var(--position);text-decoration:none;white-space:pre;width:121.54pt">consolidated statements of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.8pt">comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.3pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:133pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Current income taxes</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Federal</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">205,062<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">177,652<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">146,939<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">State</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">34,461<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">43,847<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">32,065<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">53,978<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">61,254<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">41,884<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total current income taxes</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">293,501<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">282,753<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">220,888<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred income taxes</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Federal</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">11,649<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,134)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(3,113)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">State</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,329<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">219<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,336)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,194)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,630)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,939<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred income taxes</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">8,784<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,545)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,510)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total income tax expense</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">302,285<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">277,208<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">219,378<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 205062000 177652000 146939000 34461000 43847000 32065000 53978000 61254000 41884000 293501000 282753000 220888000 11649000 -1134000 -3113000 3329000 219000 -2336000 -6194000 -4630000 3939000 8784000 -5545000 -1510000 302285000 277208000 219378000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.98pt;position:var(--position);text-decoration:none;white-space:pre;width:156.11pt">The following tables provide the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.09pt;position:var(--position);text-decoration:none;white-space:pre;width:171.35pt">reconciliation of income tax expense</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.82pt">(benefit) </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.32pt;position:var(--position);text-decoration:none;white-space:pre;width:473.01pt">to the amount computed by applying the US federal statutory tax rate to income before income taxes. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:125.5pt">following table reflects the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175pt;position:var(--position);text-decoration:none;white-space:pre;width:51.12pt">prospective</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.12pt;position:var(--position);text-decoration:none;white-space:pre;width:60.26pt"> adoption of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.38pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.92pt;position:var(--position);text-decoration:none;white-space:pre;width:46.11pt"> 2023-09 </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.03pt;position:var(--position);text-decoration:none;white-space:pre;width:209.43pt">and the subsequent table provides prior year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.55pt">reconciliations before the adoption of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.05pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.59pt;position:var(--position);text-decoration:none;white-space:pre;width:42.23pt"> 2023-09.</span></div><div style="position:var(--position);top:396.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:31.05pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:62.74pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">US federal statutory tax rate</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">278,535<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">21.0<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Domestic</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">United States</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);white-space:pre">State income taxes, net of federal income tax benefit </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:256.11pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">30,417<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">2.3<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of cross-border tax laws</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign tax credits</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,919)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(2.0)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Global intangible low-taxed income (commonly known as GILTI)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">25,819<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">1.9<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign derived intangible income (commonly known as FDII)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(19,456)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(1.5)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,400<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.3<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax credits</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,700)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(0.1)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Changes in valuation allowances</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,060)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(0.3)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Nontaxable or nondeductible items</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,862<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.6<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.87pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Other adjustments</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">799<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.1<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:221.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);white-space:pre">Effects of changes in tax laws or rates enacted in the current period </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:321.48pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:221.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:221.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:46.78pt;position:var(--position)"></span><span style="left:46.78pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:236.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Foreign tax effects</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:251.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Other foreign jurisdictions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:251.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,140)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:251.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.56pt;position:var(--position)"></span><span style="left:39.56pt;position:var(--position)">(0.4)<span style="display:inline-block;height:7.28pt;width:8.89pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:266.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Changes in net unrecognized tax benefits</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:266.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">11,728<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:266.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">0.9<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:281.25pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective income tax expense and rate</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:281.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">302,285<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:281.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">22.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:702.75pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:61.85pt"> State taxes in </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:116.68pt;position:var(--position);text-decoration:none;white-space:pre;width:162.37pt">California, New York, and Pennsylvania </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:279.05pt;position:var(--position);text-decoration:none;white-space:pre;width:283.39pt">made up the majority (greater than 50 percent) of the tax effect in this</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.33pt">category.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:729.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:8.75pt">(2) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.45pt;position:var(--position);text-decoration:none;white-space:pre;width:185.41pt">No impact applicable to the periods presented.</span></div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:28.83pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Computed expected income taxes</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">261,093<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">205,578<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">State income taxes, net of federal income tax benefit</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">45,991<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">32,023<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign rate differential</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(13,078)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(15,976)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Gross unrecognized tax benefits</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,594)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,301<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Intercompany transfers of assets</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,430<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,817)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">US tax on foreign earnings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(14,548)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,750<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(11,086)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,481)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">277,208<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">219,378<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 278535000 0.210 30417000 0.023 25919000 0.020 25819000 0.019 19456000 0.015 3400000 0.003 1700000 0.001 -4060000 -0.003 7862000 0.006 799000 0.001 0 0 -5140000 -0.004 11728000 0.009 302285000 0.228 261093000 205578000 45991000 32023000 -13078000 -15976000 -1594000 1301000 10430000 -1817000 -14548000 4750000 -11086000 -6481000 277208000 219378000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:492.3pt">The following table presents cash paid for income taxes, net of refunds, reflecting the prospective adoption of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.8pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ASU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:271.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.46pt">2023-09:</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="position:var(--position);top:293.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:414.75pt"></td><td style="padding:0;width:98.25pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.55pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:12.75pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.24pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Federal</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:25.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:49.85pt"></span></span><span style="left:58.04pt;position:var(--position)">181,284<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">State</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:40.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">18,465<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Foreign</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">China</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:70.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">15,991<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other foreign jurisdictions</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:85.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">18,574<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:414.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Total foreign</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:100.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:60.97pt"></span></span><span style="left:63.6pt;position:var(--position)">34,565<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:414.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:414.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total cash paid for income taxes, net of refunds</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:115.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:98.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:49.85pt"></span></span><span style="left:58.04pt;position:var(--position)">234,314<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 181284000 18465000 15991000 18574000 34565000 234314000 345397000 234062000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.64pt;position:var(--position);text-decoration:none;white-space:pre;width:434.81pt">The tax effects of temporary differences that give rise to significant portions of deferred tax assets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:179.96pt">and deferred tax liabilities are as follows:</span></div><div style="position:var(--position);top:507pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Amortization of intangible assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">12,413<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Operating lease liabilities</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">42,032<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">38,051<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Uniform capitalization adjustment to inventory</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">9,713<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,723<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">State related taxes and credit carryforwards</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,268<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,107<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Reserves and accruals</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">80,216<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">69,803<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Net operating loss carry-forwards</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">11,033<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">10,421<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">964<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,188<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Gross deferred tax assets</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">146,226<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">145,706<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Valuation allowances</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(3,957)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,138)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:19.88pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred tax assets</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">142,269<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:175.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">140,568<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(10,239)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(8,727)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Operating lease assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,925)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(29,189)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation of property and equipment</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(25,825)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(23,359)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,779)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,702)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:19.88pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred tax liabilities</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(73,768)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(62,977)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets, net</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">68,501<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">77,591<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 0 12413000 42032000 38051000 9713000 10723000 2268000 3107000 80216000 69803000 11033000 10421000 964000 1188000 146226000 145706000 3957000 5138000 142269000 140568000 10239000 8727000 31925000 29189000 25825000 23359000 5779000 1702000 73768000 62977000 68501000 77591000 0 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:477.74pt">A reconciliation of the beginning and ending amounts of total gross unrecognized tax benefits are as follows:</span><div style="position:var(--position);top:215pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">21,233<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">45,620<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">44,901<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross increase related to current year tax positions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,400<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,499<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,318<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross increase related to prior year tax positions</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">8,669<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,662<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,629<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Gross decrease related to prior year tax positions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,738)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,309)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,698)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Settlements with taxing authorities</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,800)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,793)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(582)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Lapse of statute of limitations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,426)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,446)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:100.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,948)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">26,338<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">21,233<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">45,620<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 21233000 45620000 44901000 5400000 4499000 4318000 8669000 4662000 4629000 4738000 4309000 4698000 1800000 22793000 582000 2426000 6446000 2948000 26338000 21233000 45620000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:237.21pt">Total gross unrecognized tax benefits recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.85pt;position:var(--position);text-decoration:none;white-space:pre;width:66.64pt"> are as follows:</span><div style="position:var(--position);top:382.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liability</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Income tax payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">6,206<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,688<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Long-term liability</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Income tax liability</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">20,132<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">15,545<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">26,338<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">21,233<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 6206000 5688000 20132000 15545000 26338000 21233000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:174.89pt">Revolving Credit Facilities</span><span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:274.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:3.88pt"> </span><div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:112.23pt">Primary Credit Facility</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:161.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.5pt;position:var(--position);text-decoration:none;white-space:pre;width:397.88pt"> In December 2022, the Company refinanced in full and terminated its prior credit</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">agreement originally entered into in September 2018. The refinanced revolving credit facility agreement is with</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:68.79pt">Citibank, N.A. (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.29pt;position:var(--position);text-decoration:none;white-space:pre;width:36.11pt">Citibank</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.4pt;position:var(--position);text-decoration:none;white-space:pre;width:120.42pt">), as administrative agent, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.82pt;position:var(--position);text-decoration:none;white-space:pre;width:196.5pt">Comerica Bank, as sole syndication agent, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.32pt;position:var(--position);text-decoration:none;white-space:pre;width:91.07pt">which was assumed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:289.75pt">by Fifth Third bank, as successor by merger with Comerica Bank</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.25pt;position:var(--position);text-decoration:none;white-space:pre;width:138.98pt"> and the lenders party thereto (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.23pt;position:var(--position);text-decoration:none;white-space:pre;width:78.16pt">Credit Agreement</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.39pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">).</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:165pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.29pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.78999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:78.07pt">Credit Agreement</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.86pt;position:var(--position);text-decoration:none;white-space:pre;width:67.29pt"> provides for a </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.15pt;position:var(--position);text-decoration:none;white-space:pre;width:15.55pt">five</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.7pt;position:var(--position);text-decoration:none;white-space:pre;width:22.23pt">-year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.93pt;position:var(--position);text-decoration:none;white-space:pre;width:5.84pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.77pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$400,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:157.58pt"> unsecured revolving credit facility (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.04pt;position:var(--position);text-decoration:none;white-space:pre;width:98.32pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.36pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">),</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.13pt">contains a </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.63pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$25,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.76pt;position:var(--position);text-decoration:none;white-space:pre;width:283.92pt"> sublimit for the issuance of letters of credit, and matures on </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.68pt;position:var(--position);text-decoration:none;white-space:pre;width:90.59pt">December 19, 2027</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.27pt;position:var(--position);text-decoration:none;white-space:pre;width:51.11pt">, subject to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:189pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.76pt">extension on early termination as described in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.26pt;position:var(--position);text-decoration:none;white-space:pre;width:77.77pt">Credit Agreement</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:211pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:176.63pt">In addition to allowing borrowings in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.13pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.01pt;position:var(--position);text-decoration:none;white-space:pre;width:62.19pt"> dollars, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.2pt;position:var(--position);text-decoration:none;white-space:pre;width:102.9pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.1pt;position:var(--position);text-decoration:none;white-space:pre;width:59.43pt"> provides a </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.53pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$175,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.22pt;position:var(--position);text-decoration:none;white-space:pre;width:56.26pt"> sublimit for</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:223pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">borrowings in Euros, Sterling, Canadian dollars, and any other foreign currency that is subsequently approved by</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:235pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">Citibank, each lender, and each bank issuing letters of credit. Subject to customary conditions, the Company has</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:247pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:400.52pt">the option to increase the maximum principal amount available up to an additional </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.02pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$300,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.71pt;position:var(--position);text-decoration:none;white-space:pre;width:70.66pt">, resulting in a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:259pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:183.24pt">maximum available principal amount of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.74pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$700,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.43pt;position:var(--position);text-decoration:none;white-space:pre;width:287.97pt">. However, none of the lenders have committed at this time to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:271pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:203.31pt">provide any such increase in the commitment.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:293pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:309.67pt">The obligations of the Company and each other borrower under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.17pt;position:var(--position);text-decoration:none;white-space:pre;width:99.38pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.55pt;position:var(--position);text-decoration:none;white-space:pre;width:3.6pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.15pt;position:var(--position);text-decoration:none;white-space:pre;width:18.05pt">are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.2pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">g</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.76pt;position:var(--position);text-decoration:none;white-space:pre;width:76.67pt">uaranteed by the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:305pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:478.05pt">Company’s existing and future wholly owned domestic subsidiaries that meet certain materiality thresholds,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.55pt;position:var(--position);text-decoration:none;white-space:pre;width:3.23pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.78pt;position:var(--position);text-decoration:none;white-space:pre;width:31.67pt">subject</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:317pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:99.25pt">to limited exceptions. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.75pt;position:var(--position);text-decoration:none;white-space:pre;width:114.39pt">All obligations under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.14pt;position:var(--position);text-decoration:none;white-space:pre;width:100.2pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.34pt;position:var(--position);text-decoration:none;white-space:pre;width:199.12pt"> and the foregoing guaranty are unsecured,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:329pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:19.45pt">and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:68.95pt;position:var(--position);text-decoration:none;white-space:pre;width:469.73pt">amounts borrowed may be prepaid at any time without a premium or penalty, subject to limited exceptions.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.6800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:351pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.84pt">Certain of the Company’s international</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.34pt;position:var(--position);text-decoration:none;white-space:pre;width:179.5pt"> subsidiaries may also borrow under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.84pt;position:var(--position);text-decoration:none;white-space:pre;width:97pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.84pt;position:var(--position);text-decoration:none;white-space:pre;width:66.66pt">, which permits</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">the Company, subject to customary conditions, to designate one or more additional subsidiaries organized in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:375pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:159.48pt">international jurisdictions to borrow. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.98pt;position:var(--position);text-decoration:none;white-space:pre;width:353.46pt">The Company is liable for the obligations of each international borrower, but the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:387pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:321.06pt">obligations of the international borrowers are several (not joint) in nature.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.56pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:409pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:92.92pt">Interest Rate Terms.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:3.15pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.57pt;position:var(--position);text-decoration:none;white-space:pre;width:275.94pt">At the Company’s election, revolving loans issued under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.51pt;position:var(--position);text-decoration:none;white-space:pre;width:99.58pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.0899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:41.29pt"> will bear</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:421pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:65.76pt">interest at the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.26pt;position:var(--position);text-decoration:none;white-space:pre;width:64.96pt">adjusted term </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.22pt;position:var(--position);text-decoration:none;white-space:pre;width:27.75pt">SOFR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.97pt;position:var(--position);text-decoration:none;white-space:pre;width:201.04pt">, the adjusted Euro InterBank Offered Rate (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.01pt;position:var(--position);text-decoration:none;white-space:pre;width:45.52pt">EURIBOR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.53pt;position:var(--position);text-decoration:none;white-space:pre;width:107.97pt">), the Sterling Overnight</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:433pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:71.02pt">Index Average (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.52pt;position:var(--position);text-decoration:none;white-space:pre;width:31.08pt">SONIA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.6pt;position:var(--position);text-decoration:none;white-space:pre;width:166.7pt">), the Canadian Dollar Offered Rate (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.3pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDOR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.73pt;position:var(--position);text-decoration:none;white-space:pre;width:176.92pt">), or the adjusted Alternate Base Rate (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.65pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ABR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.19pt;position:var(--position);text-decoration:none;white-space:pre;width:17.25pt">), in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:445pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.76pt">each case plus the applicable interest rate margin.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.26pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:467pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:114.42pt">Interest for borrowings in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.8pt;position:var(--position);text-decoration:none;white-space:pre;width:134.84pt"> dollars will fluctuate between </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.64pt;position:var(--position);text-decoration:none;white-space:pre;width:27.75pt">SOFR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.39pt;position:var(--position);text-decoration:none;white-space:pre;width:27.49pt">, plus </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.88pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">1.00%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.22pt;position:var(--position);text-decoration:none;white-space:pre;width:23.06pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.28pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">0.10%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.62pt;position:var(--position);text-decoration:none;white-space:pre;width:114.84pt"> based on the Company’s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:479pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:124.36pt">total net leverage ratio, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.86pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ABR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.4pt;position:var(--position);text-decoration:none;white-space:pre;width:27.07pt">, plus </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.47pt;position:var(--position);text-decoration:none;white-space:pre;width:14.45pt">0%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.92pt;position:var(--position);text-decoration:none;white-space:pre;width:326.4pt"> per annum. The applicable interest rate margin is based on a pricing grid</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:491pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:294.2pt">based on the Company’s total net leverage ratio and ranges from </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.7pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">1.00%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.04pt;position:var(--position);text-decoration:none;white-space:pre;width:14.57pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.61pt;position:var(--position);text-decoration:none;white-space:pre;width:33.9pt">1.625%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.51pt;position:var(--position);text-decoration:none;white-space:pre;width:141.88pt"> per annum in the case of loans</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:503pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.82pt">based on the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.32pt;position:var(--position);text-decoration:none;white-space:pre;width:27.75pt">SOFR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.07pt;position:var(--position);text-decoration:none;white-space:pre;width:6.96pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.03pt;position:var(--position);text-decoration:none;white-space:pre;width:45.52pt">EURIBOR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.55pt;position:var(--position);text-decoration:none;white-space:pre;width:6.96pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.51pt;position:var(--position);text-decoration:none;white-space:pre;width:31.08pt">SONIA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.59pt;position:var(--position);text-decoration:none;white-space:pre;width:20.04pt">, or </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.63pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">CDOR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.06pt;position:var(--position);text-decoration:none;white-space:pre;width:47.82pt">, and from</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.88pt;position:var(--position);text-decoration:none;white-space:pre;width:4.19pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.07pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">0.00%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.41pt;position:var(--position);text-decoration:none;white-space:pre;width:16.71pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.12pt;position:var(--position);text-decoration:none;white-space:pre;width:33.9pt">0.625%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.02pt;position:var(--position);text-decoration:none;white-space:pre;width:149.37pt"> per annum in the case of loans</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:515pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.17pt">based on </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.67pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ABR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.98pt;position:var(--position);text-decoration:none;white-space:pre;width:3.13pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.11pt;position:var(--position);text-decoration:none;white-space:pre;width:98.62pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.73pt;position:var(--position);text-decoration:none;white-space:pre;width:200.34pt">, the effective interest rates for the 1-month </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.07pt;position:var(--position);text-decoration:none;white-space:pre;width:27.75pt">SOFR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.82pt;position:var(--position);text-decoration:none;white-space:pre;width:23.49pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.31pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">ABR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.85pt;position:var(--position);text-decoration:none;white-space:pre;width:18.13pt"> are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.98pt;position:var(--position);text-decoration:none;white-space:pre;width:3.68pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">4.75%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:542pt;position:var(--position);text-decoration:none;white-space:pre;width:20.36pt"> and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:527pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">6.75%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.84pt;position:var(--position);text-decoration:none;white-space:pre;width:60.35pt">, respectively.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:549pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">Commitment Fees.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.6pt;position:var(--position);text-decoration:none;white-space:pre;width:4.28pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.88pt;position:var(--position);text-decoration:none;white-space:pre;width:315.77pt">The Company is required to pay a fee rate that fluctuates between </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.65pt;position:var(--position);text-decoration:none;white-space:pre;width:33.9pt">0.125%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.55pt;position:var(--position);text-decoration:none;white-space:pre;width:25.6pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.15pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">0.20%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.49pt;position:var(--position);text-decoration:none;white-space:pre;width:18.91pt"> per</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:561pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.22pt">annum on the daily unused amount of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.72pt;position:var(--position);text-decoration:none;white-space:pre;width:100.12pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:348.84pt;position:var(--position);text-decoration:none;white-space:pre;width:213.61pt">, with the exact commitment fee based on the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:573pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.24pt">Company’s total net leverage ratio.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.74pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:595pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.4pt">Borrowing Activity.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.9pt;position:var(--position);text-decoration:none;white-space:pre;width:52.31pt"> During the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.21pt;position:var(--position);text-decoration:none;white-space:pre;width:123.12pt">year ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.33pt;position:var(--position);text-decoration:none;white-space:pre;width:96.42pt">, the Company made </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.75pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.87pt;position:var(--position);text-decoration:none;white-space:pre;width:147.55pt"> borrowings or repayments under</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:607pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:17.6pt">the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:67.1pt;position:var(--position);text-decoration:none;white-space:pre;width:98.86pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:5.93pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.89pt;position:var(--position);text-decoration:none;white-space:pre;width:98.74pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:270.63pt;position:var(--position);text-decoration:none;white-space:pre;width:90.41pt">, the Company has </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.04pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.16pt;position:var(--position);text-decoration:none;white-space:pre;width:100.6pt"> outstanding balance, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.76pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">$593</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:495pt;position:var(--position);text-decoration:none;white-space:pre;width:3.71pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.71pt;position:var(--position);text-decoration:none;white-space:pre;width:63.72pt">of outstanding</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:619pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:195.51pt">letters of credit, and available borrowings of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.01pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">$399,407</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.7pt;position:var(--position);text-decoration:none;white-space:pre;width:47.77pt"> under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.47pt;position:var(--position);text-decoration:none;white-space:pre;width:96.98pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:641pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.84pt">China Credit Facility</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:147.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.11pt;position:var(--position);text-decoration:none;white-space:pre;width:15.13pt"> In </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.24pt;position:var(--position);text-decoration:none;white-space:pre;width:61.19pt">October 2021</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.43pt;position:var(--position);text-decoration:none;white-space:pre;width:6.17pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.6pt;position:var(--position);text-decoration:none;white-space:pre;width:163.46pt">Deckers (Beijing) Trading Co., LTD (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.06pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">DBTC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.26pt;position:var(--position);text-decoration:none;white-space:pre;width:139.24pt">), a wholly owned subsidiary of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:329.85pt">the Company, entered into a credit agreement in China (as amended, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.35pt;position:var(--position);text-decoration:none;white-space:pre;width:90.07pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.42pt;position:var(--position);text-decoration:none;white-space:pre;width:92.96pt">) that provides for an</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:220.06pt">uncommitted revolving line of credit of up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.56pt;position:var(--position);text-decoration:none;white-space:pre;width:57.23pt">CNY300,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.79pt;position:var(--position);text-decoration:none;white-space:pre;width:23.34pt">, or </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.13pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$43,512</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.26pt;position:var(--position);text-decoration:none;white-space:pre;width:176.11pt">, with an overdraft facility sublimit of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:677pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.23pt">CNY100,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:20.58pt">, or </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.31pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$14,504</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.44pt;position:var(--position);text-decoration:none;white-space:pre;width:28.73pt">. The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.17pt;position:var(--position);text-decoration:none;white-space:pre;width:92.79pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.96000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:277.47pt"> is payable on demand and subject to annual review with a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:689pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:220.17pt">defined aggregate period of borrowing of up to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.66999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:48.22pt">24 months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.89pt;position:var(--position);text-decoration:none;white-space:pre;width:7.09pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.98pt;position:var(--position);text-decoration:none;white-space:pre;width:177.06pt">which was amended to increase from </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.04pt;position:var(--position);text-decoration:none;white-space:pre;width:48.22pt">12 months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.26pt;position:var(--position);text-decoration:none;white-space:pre;width:12.1pt"> in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:71.51pt">November 2023</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.01pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.97pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.75pt;position:var(--position);text-decoration:none;white-space:pre;width:117.07pt">The obligations under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.82pt;position:var(--position);text-decoration:none;white-space:pre;width:90.17pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.99pt;position:var(--position);text-decoration:none;white-space:pre;width:165.98pt"> are guaranteed by the Company for </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.97pt;position:var(--position);text-decoration:none;white-space:pre;width:33.9pt">108.5%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.87pt;position:var(--position);text-decoration:none;white-space:pre;width:28.52pt"> of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.19pt">facility amount in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.69pt;position:var(--position);text-decoration:none;white-space:pre;width:13.88pt">US</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.57pt;position:var(--position);text-decoration:none;white-space:pre;width:34.99pt"> dollars.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.56pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:92.72pt">Interest Rate Terms.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.22pt;position:var(--position);text-decoration:none;white-space:pre;width:420.23pt"> Interest is based on the People’s Bank of China market rate multiplied by a variable liquidity</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:29.43pt">factor. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.93pt;position:var(--position);text-decoration:none;white-space:pre;width:94.98pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.91pt;position:var(--position);text-decoration:none;white-space:pre;width:127.52pt">, the effective interest rate is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.43pt;position:var(--position);text-decoration:none;white-space:pre;width:28.34pt">3.30%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.77pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.54pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:133pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.4pt">Borrowing Activity.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.9pt;position:var(--position);text-decoration:none;white-space:pre;width:52.31pt"> During the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.21pt;position:var(--position);text-decoration:none;white-space:pre;width:123.12pt">year ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.33pt;position:var(--position);text-decoration:none;white-space:pre;width:96.42pt">, the Company made </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.75pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.99pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.86pt;position:var(--position);text-decoration:none;white-space:pre;width:116pt">borrowings or repayments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.86pt;position:var(--position);text-decoration:none;white-space:pre;width:28.56pt"> under</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:18.91pt">the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:68.41pt;position:var(--position);text-decoration:none;white-space:pre;width:93.17pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:7.24pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.82pt;position:var(--position);text-decoration:none;white-space:pre;width:103.98pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.8pt;position:var(--position);text-decoration:none;white-space:pre;width:95.65pt">, the Company has </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.45pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.57pt;position:var(--position);text-decoration:none;white-space:pre;width:182.91pt"> outstanding balance, outstanding bank</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.89pt">guarantees of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.39pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">$480</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.63pt;position:var(--position);text-decoration:none;white-space:pre;width:129.99pt">, and available borrowings of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.62pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$43,032</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.75pt;position:var(--position);text-decoration:none;white-space:pre;width:47.77pt"> under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:349.52pt;position:var(--position);text-decoration:none;white-space:pre;width:88.67pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.19pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:179pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.86pt">Debt Covenants.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.36pt;position:var(--position);text-decoration:none;white-space:pre;width:49.49pt"> Under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.85pt;position:var(--position);text-decoration:none;white-space:pre;width:77.79pt">Credit Agreement</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.64pt;position:var(--position);text-decoration:none;white-space:pre;width:306.84pt">, the Company is subject to usual and customary representations and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:191pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">warranties, and contains usual and customary affirmative and negative covenants, which include limitations on</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">liens, additional indebtedness, investments, restricted payments, indemnification provisions in favor of the lenders</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">and transactions with affiliates. The financial covenant requires the total net leverage ratio to be no greater than</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:19.45pt">3.75</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:68.95pt;position:var(--position);text-decoration:none;white-space:pre;width:13.87pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.82pt;position:var(--position);text-decoration:none;white-space:pre;width:19.45pt">1.00</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:249pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.16pt">Under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.66pt;position:var(--position);text-decoration:none;white-space:pre;width:79.52pt">Credit Agreement</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.18pt;position:var(--position);text-decoration:none;white-space:pre;width:383.3pt">, the Company is also subject to other customary limitations, as well as usual and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:261pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">customary events of default, which include non-payment of principal, interest, fees and other amounts; breach of a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">representation or warranty; non-performance of covenants and obligations; default on other material debt;</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">bankruptcy or insolvency; material judgments; incurrence of certain material Employee Retirement Income Security</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.22pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.22pt">Act of 1974 (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.72pt;position:var(--position);text-decoration:none;white-space:pre;width:29.97pt">ERISA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.69pt;position:var(--position);text-decoration:none;white-space:pre;width:288.96pt">) liabilities; and a change of control of the Company. Under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.65pt;position:var(--position);text-decoration:none;white-space:pre;width:90.39pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.04pt;position:var(--position);text-decoration:none;white-space:pre;width:6.4pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.44pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">DBTC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:551.64pt;position:var(--position);text-decoration:none;white-space:pre;width:10.85pt"> is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.92pt">subject to usual and customary representations and warranties, and usual and customary affirmative and negative</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:330.21pt">covenants, which include limitations on liens and additional indebtedness. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.71pt;position:var(--position);text-decoration:none;white-space:pre;width:96.06pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.77pt;position:var(--position);text-decoration:none;white-space:pre;width:5.81pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.58pt;position:var(--position);text-decoration:none;white-space:pre;width:80.8pt">the Company is in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.57pt">compliance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.07pt;position:var(--position);text-decoration:none;white-space:pre;width:168.86pt"> with all financial covenants under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.93pt;position:var(--position);text-decoration:none;white-space:pre;width:97.72pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.65pt;position:var(--position);text-decoration:none;white-space:pre;width:22.22pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.87pt;position:var(--position);text-decoration:none;white-space:pre;width:88.67pt">China Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.54pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> P5Y 400000000 25000000 175000000 300000000 700000000 0.0100 0.0010 0 0.0100 0.01625 0.0000 0.00625 0.0475 0.0675 0.00125 0.0020 0 0 0 593000 399407000 300000000 43512000 100000000 14504000 P24M P12M 1.085 0.0330 0 0 0 480000 43032000 3.75 1.00 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:47.45pt">Leases</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:371.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:389.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.98pt">The Company primarily leases retail stores, showrooms, offices, and distribution facilities under operating lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">contracts which vary in lease terms. Some of the Company’s operating leases contain extension options between</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.68pt"><span style="-sec-ix-hidden:f-899">one</span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.18pt;position:var(--position);text-decoration:none;white-space:pre;width:14.77pt"> to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.95pt;position:var(--position);text-decoration:none;white-space:pre;width:38.79pt">15 years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.74pt;position:var(--position);text-decoration:none;white-space:pre;width:442.73pt">. Historically, the Company has not entered into finance leases, and its lease agreements generally</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:502.74pt">do not contain residual value guarantees, options to purchase underlying assets, or material restrictive covenants.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:123.17pt">Variable Lease Payments</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:172.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.44pt;position:var(--position);text-decoration:none;white-space:pre;width:4.37pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.81pt;position:var(--position);text-decoration:none;white-space:pre;width:382.59pt">Certain leases require additional payments based on (1) actual or forecasted sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">volume (either monthly or annually), (2) reimbursement for real estate taxes (tax), (3) common area maintenance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:22.21pt">CAM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:487.35pt">), and (4) insurance (collectively, variable lease payments). Variable lease payments are generally excluded</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:485.79pt">from operating lease assets and lease liabilities and are recorded in rent expense as a component of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.29pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.24pt">expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.74pt;position:var(--position);text-decoration:none;white-space:pre;width:227.73pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.47pt;position:var(--position);text-decoration:none;white-space:pre;width:209.93pt">. Some leases are dependent upon forecasted</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:507.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.84pt">annual sales volume, and lease payments are recognized on a straight-line basis as rent expense over each annual</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">period when the achievement of the related sales target is reasonably likely to occur. Other variable lease</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:531.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:106.05pt">payments, such as tax, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.55pt;position:var(--position);text-decoration:none;white-space:pre;width:22.21pt">CAM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.76pt;position:var(--position);text-decoration:none;white-space:pre;width:384.62pt">, and insurance, are recognized in rent expense as incurred. Some leases contain one</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:543.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">fixed lease payment that includes variable lease payments, which are considered non-lease components. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">Company has elected to account for these instances as a single lease component and the total of these fixed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:339.42pt">payments is used to measure the operating lease assets and lease liabilities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:589.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.32pt">Discount Rate.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.82pt;position:var(--position);text-decoration:none;white-space:pre;width:442.68pt"> The Company discounts its unpaid lease payments using the interest rate implicit in the lease or, if</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:601.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:185.39pt">the rate cannot be readily determined, its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.89pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.54pt;position:var(--position);text-decoration:none;white-space:pre;width:310.82pt">. Generally, the Company cannot determine the interest rate implicit in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:613.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">the lease because it does not have access to the lessor’s estimated residual value or the amount of the lessor’s</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">deferred initial direct costs. The Company has a centralized treasury function, which enables the Company to use a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:637.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">portfolio approach to discount lease obligations. Therefore, the Company generally derives a discount rate at the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:649.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:195.89pt">lease commencement date by utilizing its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.39pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:300.3pt">, which is based on what the Company would have to pay on a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">collateralized basis to borrow an amount equal to its lease payments under similar terms. Because the Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">does not currently borrow on a collateralized basis under its revolving credit facilities, it uses the interest rate it pays</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.58pt">on its non-collateralized borrowings under its </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:100.4pt">Primary Credit Facility</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.48pt;position:var(--position);text-decoration:none;white-space:pre;width:184.59pt"> as an input for deriving an appropriate </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.0699999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">IBR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">adjusted for the amount of the lease payments, the lease term, and the effect on that rate of designating specific</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:319.4pt">collateral with a value equal to the unpaid lease payments for that lease.</span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:69.54pt">Rent Expense.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.04pt;position:var(--position);text-decoration:none;white-space:pre;width:3.28pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.32pt;position:var(--position);text-decoration:none;white-space:pre;width:241.49pt">The components of rent expense for operating leases</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.81pt;position:var(--position);text-decoration:none;white-space:pre;width:198.58pt">, excluding certain occupancy costs such as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:156.04pt">maintenance and utilities, primarily</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.54pt;position:var(--position);text-decoration:none;white-space:pre;width:3.68pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.22pt;position:var(--position);text-decoration:none;white-space:pre;width:54.6pt">recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.82pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.02pt;position:var(--position);text-decoration:none;white-space:pre;width:52.38pt"> expenses i</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.4pt;position:var(--position);text-decoration:none;white-space:pre;width:26.81pt">n the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.21pt;position:var(--position);text-decoration:none;white-space:pre;width:192.18pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:145pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.64pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Operating</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">88,921<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">68,020<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">64,006<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Variable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">48,396<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">39,284<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">40,615<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Short-term</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">9,907<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">9,912<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">6,931<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">147,224<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">117,216<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">111,552<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:245.5pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:129.93pt">Operating Lease Liabilities.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.79pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.22pt;position:var(--position);text-decoration:none;white-space:pre;width:283.47pt">Maturities of undiscounted operating lease payments remaining </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.69pt;position:var(--position);text-decoration:none;white-space:pre;width:93.96pt">as of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:382.66pt">with a reconciliation to the present value of operating lease liabilities recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.16pt;position:var(--position);text-decoration:none;white-space:pre;width:127.56pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:269.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.87pt">are as follows:</span></div><div style="position:var(--position);top:291.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:439.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:439.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Years Ending March 31,</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.78pt;position:var(--position);text-decoration:none;white-space:pre">Amount</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">95,325<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">86,252<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">67,082<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">53,029<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2031</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,522<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">97,346<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total undiscounted operating lease payments</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">436,556<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Imputed interest</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:117.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(61,362)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:132.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">375,194<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:454.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:96.5pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:146pt;position:var(--position);text-decoration:none;white-space:pre;width:189.3pt">, operating lease liabilities recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.3pt;position:var(--position);text-decoration:none;white-space:pre;width:126.9pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.2pt;position:var(--position);text-decoration:none;white-space:pre;width:100.23pt"> exclude undiscounted</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:466.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.94pt">minimum operating lease payments totaling </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.44pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$22,727</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.57pt;position:var(--position);text-decoration:none;white-space:pre;width:146.94pt"> related to leases signed during </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.51pt;position:var(--position);text-decoration:none;white-space:pre;width:71.76pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.27pt;position:var(--position);text-decoration:none;white-space:pre;width:58.18pt"> that had not</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:478.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:105.76pt">yet commenced. These</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.26pt;position:var(--position);text-decoration:none;white-space:pre;width:9.36pt"> p</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.62pt;position:var(--position);text-decoration:none;white-space:pre;width:292.39pt">rimarily relate to showroom and new retail store leases and are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.01pt;position:var(--position);text-decoration:none;white-space:pre;width:105.4pt">expected to commence</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:490.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:47.22pt">during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.72pt;position:var(--position);text-decoration:none;white-space:pre;width:66.1pt">next fiscal year</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:512.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.45pt">Supplemental Disclosure</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.95pt;position:var(--position);text-decoration:none;white-space:pre;width:401.51pt">. Key estimates and judgments related to operating lease assets and lease liabilities that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:524.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.56pt">are outstanding and presented in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.06pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.2pt;position:var(--position);text-decoration:none;white-space:pre;width:66.64pt"> are as follows:</span></div><div style="position:var(--position);top:546.25pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-average remaining lease term in years</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:53.23pt;position:var(--position);text-decoration:none;white-space:pre">5.8</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:53.23pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-average discount rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">4.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">4.5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:616.75pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:295.82pt">Supplemental non-cash information for amounts presented in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.32pt;position:var(--position);text-decoration:none;white-space:pre;width:171.23pt">consolidated statements of cash flows</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.55pt;position:var(--position);text-decoration:none;white-space:pre;width:45.89pt"> related to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:628.75pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.98pt">operating leases, were as follows </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:199.48pt;position:var(--position);text-decoration:none;top:-2.548pt;vertical-align:super;white-space:pre;width:7.93pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:650.75pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.64pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Operating lease assets obtained in exchange for lease liabilities</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">174,848<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">70,179<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">78,255<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Reductions to operating lease assets for reductions to lease </span></div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,778)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,096)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(8,418)</span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.91pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.74pt;position:var(--position);text-decoration:none;white-space:pre;width:504.73pt">Amounts disclosed include non-cash additions or reductions resulting from lease remeasurements, as well as reductions for</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:109.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:133.2pt">tenant improvement allowances. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:191.7pt;position:var(--position);text-decoration:none;white-space:pre;width:108.71pt">Non-cash additions during </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:300.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:64.15pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:364.56pt;position:var(--position);text-decoration:none;white-space:pre;width:197.83pt"> primarily relate to investments in the Company’s</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:120.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:267.85pt">global retail store footprint made in the ordinary course of business.</span></div> P15Y <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.32pt;position:var(--position);text-decoration:none;white-space:pre;width:241.49pt">The components of rent expense for operating leases</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.81pt;position:var(--position);text-decoration:none;white-space:pre;width:198.58pt">, excluding certain occupancy costs such as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:156.04pt">maintenance and utilities, primarily</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.54pt;position:var(--position);text-decoration:none;white-space:pre;width:3.68pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.22pt;position:var(--position);text-decoration:none;white-space:pre;width:54.6pt">recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.82pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">SG&amp;A</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.02pt;position:var(--position);text-decoration:none;white-space:pre;width:52.38pt"> expenses i</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.4pt;position:var(--position);text-decoration:none;white-space:pre;width:26.81pt">n the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.21pt;position:var(--position);text-decoration:none;white-space:pre;width:192.18pt">consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.23pt">income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:145pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.64pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Operating</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">88,921<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">68,020<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">64,006<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Variable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">48,396<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">39,284<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">40,615<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Short-term</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">9,907<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">9,912<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">6,931<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">147,224<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">117,216<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">111,552<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:111.45pt">Supplemental Disclosure</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.95pt;position:var(--position);text-decoration:none;white-space:pre;width:401.51pt">. Key estimates and judgments related to operating lease assets and lease liabilities that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:524.25pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.56pt">are outstanding and presented in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.06pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.2pt;position:var(--position);text-decoration:none;white-space:pre;width:66.64pt"> are as follows:</span></div><div style="position:var(--position);top:546.25pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-average remaining lease term in years</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:53.23pt;position:var(--position);text-decoration:none;white-space:pre">5.8</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:53.23pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-average discount rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">4.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">4.5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:616.75pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:295.82pt">Supplemental non-cash information for amounts presented in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.32pt;position:var(--position);text-decoration:none;white-space:pre;width:171.23pt">consolidated statements of cash flows</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.55pt;position:var(--position);text-decoration:none;white-space:pre;width:45.89pt"> related to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:628.75pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.98pt">operating leases, were as follows </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:199.48pt;position:var(--position);text-decoration:none;top:-2.548pt;vertical-align:super;white-space:pre;width:7.93pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:650.75pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.64pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Operating lease assets obtained in exchange for lease liabilities</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">174,848<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">70,179<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">78,255<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Reductions to operating lease assets for reductions to lease </span></div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,778)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,096)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:13.87pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(8,418)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.91pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.74pt;position:var(--position);text-decoration:none;white-space:pre;width:504.73pt">Amounts disclosed include non-cash additions or reductions resulting from lease remeasurements, as well as reductions for</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:109.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:133.2pt">tenant improvement allowances. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:191.7pt;position:var(--position);text-decoration:none;white-space:pre;width:108.71pt">Non-cash additions during </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:300.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:64.15pt">fiscal year 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:364.56pt;position:var(--position);text-decoration:none;white-space:pre;width:197.83pt"> primarily relate to investments in the Company’s</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:120.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:267.85pt">global retail store footprint made in the ordinary course of business.</span></div> 88921000 68020000 64006000 48396000 39284000 40615000 9907000 9912000 6931000 147224000 117216000 111552000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.22pt;position:var(--position);text-decoration:none;white-space:pre;width:283.47pt">Maturities of undiscounted operating lease payments remaining </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.69pt;position:var(--position);text-decoration:none;white-space:pre;width:93.96pt">as of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:382.66pt">with a reconciliation to the present value of operating lease liabilities recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.16pt;position:var(--position);text-decoration:none;white-space:pre;width:127.56pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:269.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.87pt">are as follows:</span></div><div style="position:var(--position);top:291.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:439.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:439.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Years Ending March 31,</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.78pt;position:var(--position);text-decoration:none;white-space:pre">Amount</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">95,325<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">86,252<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">67,082<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">53,029<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2031</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,522<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">97,346<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total undiscounted operating lease payments</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">436,556<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Imputed interest</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:117.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(61,362)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:439.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:439.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:132.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">375,194<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 95325000 86252000 67082000 53029000 37522000 97346000 436556000 61362000 375194000 22727000 P5Y9M18D P5Y6M 0.049 0.045 174848000 70179000 78255000 2778000 2096000 8418000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:222.33pt">Commitments and Contingencies</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.2pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:176.2pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:106.97pt">Purchase Obligations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.47pt;position:var(--position);text-decoration:none;white-space:pre;width:4.1pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.57pt;position:var(--position);text-decoration:none;white-space:pre;width:401.83pt">The Company has various types of purchase obligations for which no liability has been</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:188.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.48pt">recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.98pt;position:var(--position);text-decoration:none;white-space:pre;width:129.5pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.48pt;position:var(--position);text-decoration:none;white-space:pre;width:308.93pt">, as it expects to fulfill these commitments in the normal course of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:200.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.46pt">business</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:52.19pt">, as follows:</span></div><div style="position:var(--position);top:222.2pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="7" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:290.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:290.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:98.29pt;position:var(--position);text-decoration:none;white-space:pre">Payments Due by Period</span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Less than</span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.88pt;position:var(--position);text-decoration:none;white-space:pre">1 Year</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.11pt;position:var(--position);text-decoration:none;white-space:pre">1-3 Years</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.11pt;position:var(--position);text-decoration:none;white-space:pre">3-5 Years</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Purchase obligations for product </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.73pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">980,776<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">980,776<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Purchase obligations for commodities </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:171.5pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">84,702<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">26,278<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">110,980<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Other purchase obligations</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:122.08pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">118,326<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">159,836<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,347<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">282,509<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,183,804<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">186,114<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,347<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,374,265<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:325.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:1.63pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.46pt;position:var(--position);text-decoration:none;white-space:pre;width:336.95pt">Purchase obligations for product consist primarily of open purchase orders issued to </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:393.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:109.47pt">independent manufacturers</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:502.88pt;position:var(--position);text-decoration:none;white-space:pre;width:59.49pt"> in the ordinary</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:336pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.87pt">course of business and reflect the Company’s estimate of future payment commitments based on information currently</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:346.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:415.61pt">available. These obligations may be cancelled in limited situations and such cancellations are infrequent.</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:474.11pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:9.23pt">(2) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.93000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:505.45pt">Purchase obligations for commodities represent remaining commitments under existing supply agreements, which are subject</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:373.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:195.08pt">to minimum volume commitments (collectively, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:253.58pt;position:var(--position);text-decoration:none;white-space:pre;width:84.04pt">commodity contracts</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:337.62pt;position:var(--position);text-decoration:none;white-space:pre;width:224.78pt">). The Company currently enters into fixed purchasing</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:386.958pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:61.49pt">contracts with </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:119.99000000000001pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:84.47pt">designated suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.46pt;position:var(--position);text-decoration:none;top:-2.758pt;white-space:pre;width:4.78pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:209.24pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:12.01pt">of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:221.25pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:146.47pt">sheepskin and sugarcane-derived (</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:367.72pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:17.34pt">EVA</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:385.06pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.99pt">)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:388.05pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:174.34pt">. The Company expects purchases under</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:396.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.95pt">commodity contracts</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:141.45pt;position:var(--position);text-decoration:none;white-space:pre;width:420.93pt"> in the ordinary course of business will eventually exceed the minimum commitment levels. The reported</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.99pt">amount generally reflects remaining minimum commitments expected to be consumed in future periods in the ordinary course</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.97pt">of business, and any remaining deposits expected to become fully refundable or to be reflected as a credit against future</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:428.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:223.62pt">purchases which are recorded in other assets in the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:282.12pt;position:var(--position);text-decoration:none;white-space:pre;width:116.85pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:398.97pt;position:var(--position);text-decoration:none;white-space:pre;width:6.2pt">. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:405.17pt;position:var(--position);text-decoration:none;white-space:pre;width:92.24pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:497.41pt;position:var(--position);text-decoration:none;white-space:pre;width:25.88pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:523.29pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:543.29pt;position:var(--position);text-decoration:none;white-space:pre;width:19.19pt">, the</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.88pt">Company had </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:117.38pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:127.38pt;position:var(--position);text-decoration:none;white-space:pre;width:199.85pt"> outstanding deposits on supply agreements, and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:327.23pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:337.23pt;position:var(--position);text-decoration:none;white-space:pre;width:137.13pt"> refunds were received during the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:474.36pt;position:var(--position);text-decoration:none;white-space:pre;width:88.07pt">year ended March 31,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:450.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:139.47pt">, as a result of such agreements. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:217.97pt;position:var(--position);text-decoration:none;white-space:pre;width:45.83pt">During the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:263.8pt;position:var(--position);text-decoration:none;white-space:pre;width:113.69pt">year ended March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:377.49pt;position:var(--position);text-decoration:none;white-space:pre;width:109.61pt">, the Company received a </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:487.1pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$16,243</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:519.6pt;position:var(--position);text-decoration:none;white-space:pre;width:42.84pt"> refund for</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:221.95pt">outstanding deposits on supply agreements related to </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:280.45pt;position:var(--position);text-decoration:none;white-space:pre;width:113.41pt">year ended March 31, 2024</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:393.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:396.36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.36pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:399.72pt;position:var(--position);text-decoration:none;white-space:pre;width:162.77pt">Subsequent to March 31, 2026, through</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.93pt">May 1, 2026, the Company entered into additional commodity contracts for an aggregate minimum volume commitment of</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.18pt">$111,800</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:94.68pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:498.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:10.41pt">(3) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.11pt;position:var(--position);text-decoration:none;white-space:pre;width:504.28pt">Other purchase obligations consist of non-cancellable fixed and estimated variable minimum commitments for information</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.3900000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.11pt">technology (</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:108.61pt;position:var(--position);text-decoration:none;white-space:pre;width:7.99pt">IT</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:116.6pt;position:var(--position);text-decoration:none;white-space:pre;width:45.73pt">) services, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:162.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:15.67pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:178pt;position:var(--position);text-decoration:none;white-space:pre;width:384.4pt"> service fees and other supply chain services, promotional expenses, and other commitments</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:520pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:166.42pt">under service and collaboration contracts.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:540.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:47.7pt">Litigation.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.2pt;position:var(--position);text-decoration:none;white-space:pre;width:465.16pt"> From time to time, the Company is involved in various legal proceedings, disputes, and other claims</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">arising in the ordinary course of business, including employment, intellectual property, product liability, and breach of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">contract claims. Although the results of these matters cannot be predicted with certainty, the Company believes it is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">not currently a party to any legal proceedings, disputes, or other claims for which a material loss is considered</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:588.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">probable and for which the amount (or range) of loss is reasonably estimable. However, regardless of the merit of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:600.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.85pt">the claims raised or the outcome, these matters can have an adverse impact on the Company as a result of legal</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:612.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:319.21pt">costs, diversion of management’s time and resources, and other factors.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.58pt">Indemnification.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.08pt;position:var(--position);text-decoration:none;white-space:pre;width:436.39pt"> The Company has agreed to indemnify certain of its licensees, distributors, and promotional</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:646.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">partners in connection with claims related to the use of the Company’s intellectual property. The terms of such</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:658.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">agreements generally do not provide for a limitation on the maximum potential future payments. These agreements</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:670.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">may or may not be made pursuant to a written contract. In addition, from time to time, the Company also agrees to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:682.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.97pt">standard indemnification provisions in commercial agreements in the ordinary course of business. Management</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:694.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">believes the likelihood of any payments under any of these arrangements is remote and would be immaterial. This</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:706.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:404.39pt">determination is made based on a prior history of insignificant claims and related payments.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.57pt;position:var(--position);text-decoration:none;white-space:pre;width:401.83pt">The Company has various types of purchase obligations for which no liability has been</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:188.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.48pt">recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.98pt;position:var(--position);text-decoration:none;white-space:pre;width:129.5pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.48pt;position:var(--position);text-decoration:none;white-space:pre;width:308.93pt">, as it expects to fulfill these commitments in the normal course of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:200.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.46pt">business</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:52.19pt">, as follows:</span></div><div style="position:var(--position);top:222.2pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="7" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:290.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:290.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:98.29pt;position:var(--position);text-decoration:none;white-space:pre">Payments Due by Period</span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Less than</span></div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.88pt;position:var(--position);text-decoration:none;white-space:pre">1 Year</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.11pt;position:var(--position);text-decoration:none;white-space:pre">1-3 Years</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.11pt;position:var(--position);text-decoration:none;white-space:pre">3-5 Years</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Purchase obligations for product </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.73pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">980,776<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:33pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">980,776<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Purchase obligations for commodities </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:171.5pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">84,702<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">26,278<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:48pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">110,980<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Other purchase obligations</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:122.08pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">118,326<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">159,836<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,347<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:63pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">282,509<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,183,804<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">186,114<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,347<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,374,265<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:325.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:1.63pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.46pt;position:var(--position);text-decoration:none;white-space:pre;width:336.95pt">Purchase obligations for product consist primarily of open purchase orders issued to </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:393.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:109.47pt">independent manufacturers</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:502.88pt;position:var(--position);text-decoration:none;white-space:pre;width:59.49pt"> in the ordinary</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:336pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.87pt">course of business and reflect the Company’s estimate of future payment commitments based on information currently</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:346.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:415.61pt">available. These obligations may be cancelled in limited situations and such cancellations are infrequent.</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:474.11pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:9.23pt">(2) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.93000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:505.45pt">Purchase obligations for commodities represent remaining commitments under existing supply agreements, which are subject</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:373.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:195.08pt">to minimum volume commitments (collectively, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:253.58pt;position:var(--position);text-decoration:none;white-space:pre;width:84.04pt">commodity contracts</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:337.62pt;position:var(--position);text-decoration:none;white-space:pre;width:224.78pt">). The Company currently enters into fixed purchasing</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:386.958pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:61.49pt">contracts with </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:119.99000000000001pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:84.47pt">designated suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.46pt;position:var(--position);text-decoration:none;top:-2.758pt;white-space:pre;width:4.78pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:209.24pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:12.01pt">of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:221.25pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:146.47pt">sheepskin and sugarcane-derived (</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:367.72pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:17.34pt">EVA</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:385.06pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.99pt">)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:388.05pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:174.34pt">. The Company expects purchases under</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:396.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.95pt">commodity contracts</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:141.45pt;position:var(--position);text-decoration:none;white-space:pre;width:420.93pt"> in the ordinary course of business will eventually exceed the minimum commitment levels. The reported</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.99pt">amount generally reflects remaining minimum commitments expected to be consumed in future periods in the ordinary course</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.97pt">of business, and any remaining deposits expected to become fully refundable or to be reflected as a credit against future</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:428.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:223.62pt">purchases which are recorded in other assets in the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:282.12pt;position:var(--position);text-decoration:none;white-space:pre;width:116.85pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:398.97pt;position:var(--position);text-decoration:none;white-space:pre;width:6.2pt">. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:405.17pt;position:var(--position);text-decoration:none;white-space:pre;width:92.24pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:497.41pt;position:var(--position);text-decoration:none;white-space:pre;width:25.88pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:523.29pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:543.29pt;position:var(--position);text-decoration:none;white-space:pre;width:19.19pt">, the</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.88pt">Company had </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:117.38pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:127.38pt;position:var(--position);text-decoration:none;white-space:pre;width:199.85pt"> outstanding deposits on supply agreements, and </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:327.23pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:337.23pt;position:var(--position);text-decoration:none;white-space:pre;width:137.13pt"> refunds were received during the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:474.36pt;position:var(--position);text-decoration:none;white-space:pre;width:88.07pt">year ended March 31,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:450.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:139.47pt">, as a result of such agreements. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:217.97pt;position:var(--position);text-decoration:none;white-space:pre;width:45.83pt">During the </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:263.8pt;position:var(--position);text-decoration:none;white-space:pre;width:113.69pt">year ended March 31, 2025</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:377.49pt;position:var(--position);text-decoration:none;white-space:pre;width:109.61pt">, the Company received a </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:487.1pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$16,243</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:519.6pt;position:var(--position);text-decoration:none;white-space:pre;width:42.84pt"> refund for</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:221.95pt">outstanding deposits on supply agreements related to </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:280.45pt;position:var(--position);text-decoration:none;white-space:pre;width:113.41pt">year ended March 31, 2024</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:393.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:396.36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.36pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:399.72pt;position:var(--position);text-decoration:none;white-space:pre;width:162.77pt">Subsequent to March 31, 2026, through</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.93pt">May 1, 2026, the Company entered into additional commodity contracts for an aggregate minimum volume commitment of</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.18pt">$111,800</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:94.68pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:498.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:10.41pt">(3) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.11pt;position:var(--position);text-decoration:none;white-space:pre;width:504.28pt">Other purchase obligations consist of non-cancellable fixed and estimated variable minimum commitments for information</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.3900000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.11pt">technology (</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:108.61pt;position:var(--position);text-decoration:none;white-space:pre;width:7.99pt">IT</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:116.6pt;position:var(--position);text-decoration:none;white-space:pre;width:45.73pt">) services, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:162.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:15.67pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:178pt;position:var(--position);text-decoration:none;white-space:pre;width:384.4pt"> service fees and other supply chain services, promotional expenses, and other commitments</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:520pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:166.42pt">under service and collaboration contracts.</span></div> 980776000 0 0 980776000 84702000 26278000 0 110980000 118326000 159836000 4347000 282509000 1183804000 186114000 4347000 1374265000 0 0 0 16243000 111800000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:100.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:184.26pt">Stock-based Compensation</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:115.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:133.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">Stock</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:79.61pt"> Incentive Plans.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.32pt;position:var(--position);text-decoration:none;white-space:pre;width:3.44pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.76pt;position:var(--position);text-decoration:none;white-space:pre;width:402.72pt">In September 2015, the Company’s stockholders approved the 2015 Stock Incentive Plan</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:41.79pt">2015 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre;width:114.39pt">), which initially reserved </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.01pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">7,650,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.47pt;position:var(--position);text-decoration:none;white-space:pre;width:308.9pt"> shares of the Company’s common stock for issuance to employees,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:294.78pt">directors, consultants, independent contractors, and advisors. The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.28pt;position:var(--position);text-decoration:none;white-space:pre;width:40.92pt">2015 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:385.2pt;position:var(--position);text-decoration:none;white-space:pre;width:177.18pt"> provided for the issuance of a variety of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:204.36pt">stock-based compensation awards, including </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.86pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.96000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:200.53pt">s, performance-based restricted stock units (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.49pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.03pt;position:var(--position);text-decoration:none;white-space:pre;width:14.54pt">s), </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.57pt;position:var(--position);text-decoration:none;white-space:pre;width:44.15pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.72pt;position:var(--position);text-decoration:none;white-space:pre;width:7.77pt">s,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:289.4pt">stock appreciation rights, stock bonuses, incentive stock options (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.9pt;position:var(--position);text-decoration:none;white-space:pre;width:17.2pt">ISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.1pt;position:var(--position);text-decoration:none;white-space:pre;width:157.76pt">s), and non-qualified stock options (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.86pt;position:var(--position);text-decoration:none;white-space:pre;width:29.42pt">NQSO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.28pt;position:var(--position);text-decoration:none;white-space:pre;width:11.1pt">s).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:432.29pt">In September 2024, the Company’s stockholders approved the 2024 Stock Incentive Plan (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.79pt;position:var(--position);text-decoration:none;white-space:pre;width:43.67pt">2024 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.46pt;position:var(--position);text-decoration:none;white-space:pre;width:37pt">), which</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.74pt">replaced the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.24000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:40.8pt">2015 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:46.25pt">. Like the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.29pt;position:var(--position);text-decoration:none;white-space:pre;width:40.8pt">2015 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.09pt;position:var(--position);text-decoration:none;white-space:pre;width:130.84pt">, the primary purpose of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.93pt;position:var(--position);text-decoration:none;white-space:pre;width:41.9pt">2024 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.83pt;position:var(--position);text-decoration:none;white-space:pre;width:152.54pt"> is to encourage ownership in the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:507.03pt">Company by key personnel, whose long-term service is considered essential to the Company’s continued success.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.53pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:249.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:21.88pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.38pt;position:var(--position);text-decoration:none;white-space:pre;width:42.81pt">2024 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.19pt;position:var(--position);text-decoration:none;white-space:pre;width:82.87pt"> initially reserved </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.06pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">7,800,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:241.52pt;position:var(--position);text-decoration:none;white-space:pre;width:320.9pt"> shares of the Company’s common stock for issuance to employees,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:261.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">directors, consultants, independent contractors, and advisors. The maximum aggregate number of shares that may</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.2pt">be issued to employees under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.7pt;position:var(--position);text-decoration:none;white-space:pre;width:42.49pt">2024 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:254.19pt;position:var(--position);text-decoration:none;white-space:pre;width:115.05pt"> through the exercise of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.24pt;position:var(--position);text-decoration:none;white-space:pre;width:17.2pt">ISO</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.44pt;position:var(--position);text-decoration:none;white-space:pre;width:20.9pt">s is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.34pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">4,500,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.8pt;position:var(--position);text-decoration:none;white-space:pre;width:6.56pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.36pt;position:var(--position);text-decoration:none;white-space:pre;width:101.26pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">7,445,947</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:6.09pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.05pt;position:var(--position);text-decoration:none;white-space:pre;width:364.27pt">shares of common stock remained available for future issuance under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.32pt;position:var(--position);text-decoration:none;white-space:pre;width:43.14pt">2024 SIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.46pt;position:var(--position);text-decoration:none;white-space:pre;width:54.95pt">, subject to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.47pt">adjustment for future stock splits, stock dividends, and similar changes in capitalization.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:319.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:37.12pt">Annual </span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:86.62pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">Stock</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:113.83pt;position:var(--position);text-decoration:none;white-space:pre;width:42.14pt"> Awards.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.97pt;position:var(--position);text-decoration:none;white-space:pre;width:3.27pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.24pt;position:var(--position);text-decoration:none;white-space:pre;width:49.88pt">During the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.12pt;position:var(--position);text-decoration:none;white-space:pre;width:129.24pt">years ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.36pt;position:var(--position);text-decoration:none;white-space:pre;width:6.04pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.4pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.64pt;position:var(--position);text-decoration:none;white-space:pre;width:25.99pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.63pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.87pt;position:var(--position);text-decoration:none;white-space:pre;width:8.81pt">, t</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.68pt;position:var(--position);text-decoration:none;white-space:pre;width:60.45pt">he Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.13pt;position:var(--position);text-decoration:none;white-space:pre;width:37.17pt">granted </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.3pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.4pt;position:var(--position);text-decoration:none;white-space:pre;width:19.95pt"> and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.16pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.66pt;position:var(--position);text-decoration:none;white-space:pre;width:35.68pt"> awards</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.34pt;position:var(--position);text-decoration:none;white-space:pre;width:266.44pt"> to certain members of the Company’s management team, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.78pt;position:var(--position);text-decoration:none;white-space:pre;width:166.7pt">which entitle the recipients to receive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.21pt">shares of the Company’s common stock upon vesting.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:3.4pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.11pt;position:var(--position);text-decoration:none;white-space:pre;width:12.78pt">No</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.89pt;position:var(--position);text-decoration:none;white-space:pre;width:195.6pt"> dividends are paid or accumulated on any </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.49pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:15.69pt"> or </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.28pt;position:var(--position);text-decoration:none;white-space:pre;width:20.17pt">LTIP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:355.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.54pt">PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:37.77pt"> awards.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:377.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:388.65pt">A summary of the status and changes of the Company’s nonvested shares is as follows:</span></div><div style="position:var(--position);top:399.8pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);width:143.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:1.87pt;width:143.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.29pt;position:var(--position);text-decoration:none;white-space:pre">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:79.39pt;position:var(--position);white-space:pre">s</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:1.87pt;width:143.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:91.31pt;position:var(--position);white-space:pre">s</span></div></div></div></td></tr><tr style="height:41.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.55pt;position:var(--position);text-decoration:none;white-space:pre">Shares</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.45pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.57pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-</span></div><div style="line-height:8pt;position:var(--position);top:13.05pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);text-decoration:none;white-space:pre">Average</span></div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.23pt;position:var(--position);text-decoration:none;white-space:pre">Grant-Date</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Fair Value</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.55pt;position:var(--position);text-decoration:none;white-space:pre">Shares</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.45pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.57pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-</span></div><div style="line-height:8pt;position:var(--position);top:13.05pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);text-decoration:none;white-space:pre">Average</span></div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.23pt;position:var(--position);text-decoration:none;white-space:pre">Grant-Date</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Fair Value</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2023</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">535,746<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">55.10<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">667,224<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">57.98<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:69pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Granted </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:48.260000000000005pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">235,788<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">95.55<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">277,692<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">95.13<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Vested</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:39.94pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(264,888)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(52.19)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(301,368)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(61.39)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(39,864)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(77.07)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(112,404)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(87.15)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2024</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">466,782<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">75.31<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">531,144<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">69.29<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Granted </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:48.260000000000005pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">165,988<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">158.78<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">148,770<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">151.19<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Vested</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:39.94pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(235,872)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(70.69)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(327,868)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(55.07)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:159pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,026)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(96.52)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(51,708)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(80.76)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2025</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">365,872<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">114.34<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">300,338<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">123.42<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:189pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Granted </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:48.260000000000005pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">327,175<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">103.24<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">274,860<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">94.42<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Vested</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:39.94pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(200,370)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(96.02)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(157,992)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(98.81)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:219pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(28,310)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(116.51)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(7,922)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(102.91)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:234pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2026</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">464,367<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">114.29<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">409,284<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">113.84<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:658.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.34pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.17pt;position:var(--position);text-decoration:none;white-space:pre;width:330.35pt">The amounts granted are the maximum amounts under the terms of the applicable </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:387.52pt;position:var(--position);text-decoration:none;white-space:pre;width:39.16pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:426.68pt;position:var(--position);text-decoration:none;white-space:pre;width:7pt">s.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:674.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.34pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.17pt;position:var(--position);text-decoration:none;white-space:pre;width:376.36pt">The amounts vested include shares withheld to cover taxes that are not issued to the recipient.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:695.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:105.18pt">Restricted Stock Units.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.68pt;position:var(--position);text-decoration:none;white-space:pre;width:4.83pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.51pt;position:var(--position);text-decoration:none;white-space:pre;width:21.1pt">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.61pt;position:var(--position);text-decoration:none;white-space:pre;width:381.75pt">s are subject to a time-based vesting condition and typically vest in equal annual</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:707.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.76pt">installments over </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.26pt;position:var(--position);text-decoration:none;white-space:pre;width:50pt">three years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.26pt;position:var(--position);text-decoration:none;white-space:pre;width:119.96pt"> following the date of grant.</span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">Lo</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">n</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:66.18pt;position:var(--position);text-decoration:none;white-space:pre;width:103.16pt">g-Term Incentive Plan </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:169.34pt;position:var(--position);text-decoration:none;white-space:pre;width:33.33pt">Awards</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:202.67pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.44pt;position:var(--position);text-decoration:none;white-space:pre;width:3.65pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.09pt;position:var(--position);text-decoration:none;white-space:pre;width:44.36pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.45pt;position:var(--position);text-decoration:none;white-space:pre;width:286.22pt"> awards have a multi-fiscal year performance period, generally </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:22.78pt">three</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.45pt">years</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.95pt;position:var(--position);text-decoration:none;white-space:pre;width:6.98pt"> (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.93pt;position:var(--position);text-decoration:none;white-space:pre;width:93.66pt">Measurement Period</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.59pt;position:var(--position);text-decoration:none;white-space:pre;width:387.85pt">), with performance metrics established at the beginning of the period. The grant date</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.7pt">fair value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.2pt;position:var(--position);text-decoration:none;white-space:pre;width:44.24pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.44pt;position:var(--position);text-decoration:none;white-space:pre;width:412.05pt">s is determined using a Monte-Carlo simulation model, which estimates a range of possible</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:371.58pt">future stock prices for the Company and each member of a peer group over the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.08pt;position:var(--position);text-decoration:none;white-space:pre;width:94pt">Measurement Period</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.0799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:47.42pt">. For each</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">grant, the model incorporates key assumptions, including the Company’s common stock price at the grant date,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">risk-free interest rate, expected dividend yield, stock price volatility, and correlation coefficients. The model also</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:302.96pt">incorporates a market condition based on the Company’s relative </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.46pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt">TSR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.44pt;position:var(--position);text-decoration:none;white-space:pre;width:189.94pt"> compared to a peer group of companies</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:96.11pt">peer market condition</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.94pt;position:var(--position);text-decoration:none;white-space:pre;width:344.94pt">), which is reflected in the grant date fair value and not subsequently adjusted.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:205pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85.92pt">In addition to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:100.75pt">peer market condition</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.17pt;position:var(--position);text-decoration:none;white-space:pre;width:164.52pt"> reflected in grant date fair value, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.69pt;position:var(--position);text-decoration:none;white-space:pre;width:45.8pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.49pt;position:var(--position);text-decoration:none;white-space:pre;width:115.85pt"> awards include financial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">performance conditions and service requirements that affect the recognition of compensation expense and the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">ultimate vesting of the awards. Financial performance conditions are tied to specified revenue and pre-tax income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.88pt">targets (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.38pt;position:var(--position);text-decoration:none;white-space:pre;width:149.8pt">financial performance conditions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.18pt;position:var(--position);text-decoration:none;white-space:pre;width:286.63pt">). The Company evaluates the probability of achieving the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.81pt;position:var(--position);text-decoration:none;white-space:pre;width:36.67pt">financial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:104.21pt">performance conditions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:408.73pt"> based on its most recent long-range forecast at least quarterly and may adjust stock-based</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.45pt">compensation expense to reflect updated expectations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:221.33pt">Following a determination of achievement of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:270.83000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:145.16pt">financial performance conditions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.99pt;position:var(--position);text-decoration:none;white-space:pre;width:85.29pt"> for the applicable </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.28pt;position:var(--position);text-decoration:none;white-space:pre;width:61.12pt">Measurement</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.89pt">Period</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.39pt;position:var(--position);text-decoration:none;white-space:pre;width:86.01pt">, vesting of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.4pt;position:var(--position);text-decoration:none;white-space:pre;width:46.1pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.5pt;position:var(--position);text-decoration:none;white-space:pre;width:192.01pt"> award is subject to adjustment for the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.51pt;position:var(--position);text-decoration:none;white-space:pre;width:101.35pt">peer market condition</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.86pt;position:var(--position);text-decoration:none;white-space:pre;width:58.57pt"> through the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.84pt">application of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.34pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt">TSR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.32pt;position:var(--position);text-decoration:none;white-space:pre;width:115.39pt"> modifier. The number of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:44.38pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.09pt;position:var(--position);text-decoration:none;white-space:pre;width:252.25pt">s that ultimately vest may increase up to a maximum of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.57pt">200%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.07pt;position:var(--position);text-decoration:none;white-space:pre;width:236.53pt"> of the target award, based on achievement of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.6pt;position:var(--position);text-decoration:none;white-space:pre;width:146.1pt">financial performance conditions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.7pt;position:var(--position);text-decoration:none;white-space:pre;width:42.84pt"> and the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:500.54pt;position:var(--position);text-decoration:none;white-space:pre;width:19.98pt">TSR</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.52pt;position:var(--position);text-decoration:none;white-space:pre;width:41.92pt"> modifier.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:335pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:431.83pt"> awards are subject to time-based service requirements and will not vest if minimum threshold </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.79pt;position:var(--position);text-decoration:none;white-space:pre;width:36.67pt">financial</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:105.54pt">performance conditions</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:61pt"> are not met.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.04pt;position:var(--position);text-decoration:none;white-space:pre;width:4.41pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.45pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">Fo</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.11pt;position:var(--position);text-decoration:none;white-space:pre;width:7.74pt">r </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.85pt;position:var(--position);text-decoration:none;white-space:pre;width:45.12pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.97pt;position:var(--position);text-decoration:none;white-space:pre;width:154.26pt">s granted during the fiscal years </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.23pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.47pt;position:var(--position);text-decoration:none;white-space:pre;width:7.18pt">, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.65pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.89pt;position:var(--position);text-decoration:none;white-space:pre;width:28.27pt">, and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.1600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">2024</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.4pt;position:var(--position);text-decoration:none;white-space:pre;width:21.07pt">, the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.83pt">Company </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.33pt;position:var(--position);text-decoration:none;white-space:pre;width:467.06pt">expects to exceed the minimum threshold target performance criteria based on its long-range forecast as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.1pt">of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.6pt;position:var(--position);text-decoration:none;white-space:pre;width:69.45pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:95.27pt">Grants to Directors.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:417.61pt"> Each of the Company’s nonemployee directors was entitled to receive common stock with a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.14pt">total value of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.64pt;position:var(--position);text-decoration:none;white-space:pre;width:22.24pt">$170</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.88pt;position:var(--position);text-decoration:none;white-space:pre;width:203.77pt"> for annual service on the Board of Directors (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.65pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.32pt;position:var(--position);text-decoration:none;white-space:pre;width:54.04pt">) during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.36pt;position:var(--position);text-decoration:none;white-space:pre;width:123.2pt">year ended March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.56pt;position:var(--position);text-decoration:none;white-space:pre;width:22.82pt">. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">shares are issued in equal quarterly installments with the number of shares being determined using the rolling</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333.34pt">average of the closing price of the Company’s common stock during the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.84pt;position:var(--position);text-decoration:none;white-space:pre;width:19.45pt">last </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.29pt;position:var(--position);text-decoration:none;white-space:pre;width:13.89pt"><span style="-sec-ix-hidden:f-1026">ten</span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.18pt;position:var(--position);text-decoration:none;white-space:pre;width:34.46pt"> trading</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.64pt;position:var(--position);text-decoration:none;white-space:pre;width:111.76pt"> days leading up to, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.88pt">including, the grant date, which is in alignment with the Company’s equity grant guidelines. Each of these shares is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:269.56pt">fully vested and recorded as compensation expense in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.06pt;position:var(--position);text-decoration:none;white-space:pre;width:228.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.51pt;position:var(--position);text-decoration:none;white-space:pre;width:14.89pt"> on</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:92.21pt">the date of issuance.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:155.23pt">Employee Stock Purchase Plans</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:204.73pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.5pt;position:var(--position);text-decoration:none;white-space:pre;width:354.94pt"> In September 2024, the Company’s stockholders approved the 2024 Employee</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:101.59pt">Stock Purchase Plan (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.09pt;position:var(--position);text-decoration:none;white-space:pre;width:52.56pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.65pt;position:var(--position);text-decoration:none;white-space:pre;width:30.5pt">). The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.15pt;position:var(--position);text-decoration:none;white-space:pre;width:52.38pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.53pt;position:var(--position);text-decoration:none;white-space:pre;width:3.68pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.21000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:42.02pt">reserves </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.23pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">6,000,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.69pt;position:var(--position);text-decoration:none;white-space:pre;width:185.81pt"> shares of the Company’s common stock</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">for sale to eligible employees using after-tax payroll deductions, which are refundable until purchases are made,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:265.67pt">and are liability-classified. Each offering period under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.17pt;position:var(--position);text-decoration:none;white-space:pre;width:52.97pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.14pt;position:var(--position);text-decoration:none;white-space:pre;width:182.12pt"> is anticipated to run for approximately </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.26pt;position:var(--position);text-decoration:none;white-space:pre;width:12.22pt">six</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.78pt">months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.28pt;position:var(--position);text-decoration:none;white-space:pre;width:419.82pt"> with purchases occurring on the last day of each offering period (no look-back provision) at a </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.1pt;position:var(--position);text-decoration:none;white-space:pre;width:20.01pt">15%</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.11pt;position:var(--position);text-decoration:none;white-space:pre;width:40.33pt"> discount</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:407.22pt">on the closing price on that date. The first offering period commenced on March 1, 2025.</span><span style="background-color:#ffffff;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.72pt;position:var(--position);text-decoration:none;white-space:pre;width:3.36pt"><span style="background-color:inherit"> </span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.08pt;position:var(--position);text-decoration:none;white-space:pre;width:99.54pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">5,955,235</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:361.96pt"> shares of common stock remained available for future issuance under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.92pt;position:var(--position);text-decoration:none;white-space:pre;width:52.99pt">2024 ESPP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.91pt;position:var(--position);text-decoration:none;white-space:pre;width:53.55pt">, subject to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:571pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.47pt">adjustment for future stock splits, stock dividends, and similar changes in capitalization.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136pt">Stock-Based Compensation.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.3pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.8pt;position:var(--position);text-decoration:none;white-space:pre;width:373.61pt">Components of stock-based compensation recorded, net of estimated forfeitures, in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.75pt">SG&amp;A expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.25pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.7pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:627pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Stock-based compensation </span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">23,876<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">19,758<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">15,935<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSUs</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,463<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">15,676<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,941<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Grants to Directors</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,704<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,858<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,907<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:15.38pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">44,043<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,292<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">36,783<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other stock-based compensation</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee Stock Purchase Plan</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">792<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">651<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">505<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:15.38pt;position:var(--position);text-decoration:none;white-space:pre">Total stock-based compensation, pre-tax</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">44,835<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,943<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,288<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Income tax benefit </span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(10,741)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,304)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,097)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total stock-based compensation, net of tax</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">34,094<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,639<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,191<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:214.5pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:210.82pt">Unrecognized Stock-Based Compensation.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.32pt;position:var(--position);text-decoration:none;white-space:pre;width:5.85pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:271.33pt">Total remaining unrecognized stock-based compensation </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.92pt">as of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:226.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.67pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.17pt;position:var(--position);text-decoration:none;white-space:pre;width:440.28pt">, related to non-vested awards that the Company considers probable to vest and the weighted-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:238.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:421.61pt">average period over which the cost is expected to be recognized in future periods, is as follows:</span></div><div style="position:var(--position);top:260.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:50.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.05pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.46pt;position:var(--position);white-space:pre">Unrecognized</span></div><div style="line-height:8pt;position:var(--position);top:31.65pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.68pt;position:var(--position);white-space:pre">Stock-Based </span></div><div style="line-height:8pt;position:var(--position);top:41.25pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.13pt;position:var(--position);white-space:pre">Compensation</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.85pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.57pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-</span></div><div style="line-height:8pt;position:var(--position);top:12.45pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);text-decoration:none;white-space:pre">Average</span></div><div style="line-height:8pt;position:var(--position);top:22.05pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.45pt;position:var(--position);text-decoration:none;white-space:pre">Remaining</span></div><div style="line-height:8pt;position:var(--position);top:31.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.91pt;position:var(--position);text-decoration:none;white-space:pre">Vesting Period </span></div><div style="line-height:8pt;position:var(--position);top:41.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">(Years)</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,554<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.93pt;position:var(--position);text-decoration:none;white-space:pre">1.2</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSUs</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">23,149<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.93pt;position:var(--position);text-decoration:none;white-space:pre">1.7</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">51,703<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div> 7650000 7800000 4500000 7445947 0 0 0 0 0 0 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:388.65pt">A summary of the status and changes of the Company’s nonvested shares is as follows:</span><div style="position:var(--position);top:399.8pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);width:143.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:1.87pt;width:143.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.29pt;position:var(--position);text-decoration:none;white-space:pre">RSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:79.39pt;position:var(--position);white-space:pre">s</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:143.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:1.87pt;width:143.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:91.31pt;position:var(--position);white-space:pre">s</span></div></div></div></td></tr><tr style="height:41.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.55pt;position:var(--position);text-decoration:none;white-space:pre">Shares</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.45pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.57pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-</span></div><div style="line-height:8pt;position:var(--position);top:13.05pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);text-decoration:none;white-space:pre">Average</span></div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.23pt;position:var(--position);text-decoration:none;white-space:pre">Grant-Date</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Fair Value</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.55pt;position:var(--position);text-decoration:none;white-space:pre">Shares</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.45pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.57pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-</span></div><div style="line-height:8pt;position:var(--position);top:13.05pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);text-decoration:none;white-space:pre">Average</span></div><div style="line-height:8pt;position:var(--position);top:22.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.23pt;position:var(--position);text-decoration:none;white-space:pre">Grant-Date</span></div><div style="line-height:8pt;position:var(--position);top:32.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Fair Value</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2023</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">535,746<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">55.10<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">667,224<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:54pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">57.98<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:69pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Granted </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:48.260000000000005pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">235,788<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">95.55<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">277,692<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:69pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">95.13<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Vested</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:39.94pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(264,888)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(52.19)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(301,368)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:84pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(61.39)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(39,864)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(77.07)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(112,404)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:99pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(87.15)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2024</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">466,782<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">75.31<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">531,144<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:114pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">69.29<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Granted </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:48.260000000000005pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">165,988<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">158.78<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">148,770<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:129pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">151.19<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Vested</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:39.94pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(235,872)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(70.69)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(327,868)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:144pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(55.07)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:159pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,026)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(96.52)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(51,708)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:159pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(80.76)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2025</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">365,872<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">114.34<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">300,338<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:174pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">123.42<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:189pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Granted </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:48.260000000000005pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">327,175<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">103.24<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">274,860<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:189pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">94.42<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);white-space:pre">Vested</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:39.94pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(200,370)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(96.02)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(157,992)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(98.81)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:219pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(28,310)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(116.51)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(7,922)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:219pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(102.91)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:234pt;width:222pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nonvested, March 31, 2026</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">464,367<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">114.29<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">409,284<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:234pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">113.84<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:658.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.34pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.17pt;position:var(--position);text-decoration:none;white-space:pre;width:330.35pt">The amounts granted are the maximum amounts under the terms of the applicable </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:387.52pt;position:var(--position);text-decoration:none;white-space:pre;width:39.16pt">LTIP PSU</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:426.68pt;position:var(--position);text-decoration:none;white-space:pre;width:7pt">s.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:674.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.34pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.17pt;position:var(--position);text-decoration:none;white-space:pre;width:376.36pt">The amounts vested include shares withheld to cover taxes that are not issued to the recipient.</span></div> 535746 55.10 667224 57.98 235788 95.55 277692 95.13 264888 52.19 301368 61.39 39864 77.07 112404 87.15 466782 75.31 531144 69.29 165988 158.78 148770 151.19 235872 70.69 327868 55.07 31026 96.52 51708 80.76 365872 114.34 300338 123.42 327175 103.24 274860 94.42 200370 96.02 157992 98.81 28310 116.51 7922 102.91 464367 114.29 409284 113.84 P3Y P3Y 2 170000 6000000 P6M 0.15 5955235 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.8pt;position:var(--position);text-decoration:none;white-space:pre;width:373.61pt">Components of stock-based compensation recorded, net of estimated forfeitures, in</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.75pt">SG&amp;A expenses in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.25pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.7pt;position:var(--position);text-decoration:none;white-space:pre;width:73.86pt"> were as follows:</span></div><div style="position:var(--position);top:627pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Stock-based compensation </span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">23,876<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">19,758<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">15,935<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSUs</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,463<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">15,676<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,941<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Grants to Directors</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,704<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,858<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,907<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:15.38pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">44,043<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,292<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">36,783<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other stock-based compensation</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee Stock Purchase Plan</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">792<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">651<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">505<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:15.38pt;position:var(--position);text-decoration:none;white-space:pre">Total stock-based compensation, pre-tax</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">44,835<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,943<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">37,288<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Income tax benefit </span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(10,741)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,304)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,097)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total stock-based compensation, net of tax</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">34,094<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,639<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,191<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 23876000 19758000 15935000 18463000 15676000 18941000 1704000 1858000 1907000 44043000 37292000 36783000 792000 651000 505000 44835000 37943000 37288000 10741000 9304000 9097000 34094000 28639000 28191000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:271.33pt">Total remaining unrecognized stock-based compensation </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.92pt">as of</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:226.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.67pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.17pt;position:var(--position);text-decoration:none;white-space:pre;width:440.28pt">, related to non-vested awards that the Company considers probable to vest and the weighted-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:238.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:421.61pt">average period over which the cost is expected to be recognized in future periods, is as follows:</span></div><div style="position:var(--position);top:260.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:50.25pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.05pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.46pt;position:var(--position);white-space:pre">Unrecognized</span></div><div style="line-height:8pt;position:var(--position);top:31.65pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.68pt;position:var(--position);white-space:pre">Stock-Based </span></div><div style="line-height:8pt;position:var(--position);top:41.25pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.13pt;position:var(--position);white-space:pre">Compensation</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.85pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.57pt;position:var(--position);text-decoration:none;white-space:pre">Weighted-</span></div><div style="line-height:8pt;position:var(--position);top:12.45pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);text-decoration:none;white-space:pre">Average</span></div><div style="line-height:8pt;position:var(--position);top:22.05pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.45pt;position:var(--position);text-decoration:none;white-space:pre">Remaining</span></div><div style="line-height:8pt;position:var(--position);top:31.65pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.91pt;position:var(--position);text-decoration:none;white-space:pre">Vesting Period </span></div><div style="line-height:8pt;position:var(--position);top:41.25pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);text-decoration:none;white-space:pre">(Years)</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">28,554<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:50.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.93pt;position:var(--position);text-decoration:none;white-space:pre">1.2</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSUs</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">23,149<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:65.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.93pt;position:var(--position);text-decoration:none;white-space:pre">1.7</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:80.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">51,703<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div> 28554000 P1Y2M12D 23149000 P1Y8M12D 51703000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre;width:150.82pt">Derivative Instruments</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:387.55pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.76pt">The Company has the following </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.26pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.36pt;position:var(--position);text-decoration:none;white-space:pre;width:126.63pt"> recorded at fair value in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.99pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.13pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:427.55pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:79.96pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:30pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.35pt;position:var(--position);text-decoration:none;white-space:pre">Designated </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Derivative </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.25pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Derivative </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Notional value</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">337,183<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">18,343<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">355,526<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value recorded in other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,316<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">370<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,686<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:515.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:79.96pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:30pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.35pt;position:var(--position);white-space:pre">Designated </span></div><div style="line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);white-space:pre">Derivative </span></div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.25pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated </span></div><div style="line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Derivative </span></div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Notional value</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">367,695<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">14,018<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">381,713<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value recorded in other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">75<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,238<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value recorded in other accrued expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:48.59pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:48.59pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:618.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.87pt">The maximum amount of loss the Company would incur if derivative counterparties failed completely to perform</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:630.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495.65pt">according to the terms of the contracts is limited to the derivative gross fair value of contracts in asset positions. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.15pt;position:var(--position);text-decoration:none;white-space:pre;width:17.22pt">The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:642.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.82pt">non-performance risk of the Company and its counterparties did not have a material impact on the fair value of its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:654.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.31pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.81pt;position:var(--position);text-decoration:none;white-space:pre;width:5.2pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.01pt;position:var(--position);text-decoration:none;white-space:pre;width:95.82pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.83pt;position:var(--position);text-decoration:none;white-space:pre;width:237.78pt">, unrealized gains on derivative contracts recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:474.61pt;position:var(--position);text-decoration:none;white-space:pre;width:26.84pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.45pt;position:var(--position);text-decoration:none;white-space:pre;width:60.98pt"> are expected</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:666.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.25pt">to be reclassified into net sales within the next </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.75pt;position:var(--position);text-decoration:none;white-space:pre;width:64.68pt">twelve months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.43pt;position:var(--position);text-decoration:none;white-space:pre;width:6.34pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.77pt;position:var(--position);text-decoration:none;white-space:pre;width:39.91pt">Refer to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.68pt;position:var(--position);text-decoration:none;white-space:pre;width:141.06pt">Note 11, “Stockholders’ Equity,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.74pt;position:var(--position);text-decoration:none;white-space:pre;width:47.68pt"> for further</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:678.05pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:150.54pt">information on the components of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.04pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.25pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:62.78pt">The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.28pt;position:var(--position);text-decoration:none;white-space:pre;width:34.98pt"> settled </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.26pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.36pt;position:var(--position);text-decoration:none;white-space:pre;width:139.41pt"> with notional values as follows:</span></div><div style="position:var(--position);top:121pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Designated Derivative Contracts</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">431,232<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">258,040<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">179,528<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated Derivative Contracts</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">160,512<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,565<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">591,744<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">276,605<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">179,528<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:206.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:415.44pt">The following table summarizes changes in unrealized (loss) gain on cash flow hedges </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.94pt;position:var(--position);text-decoration:none;white-space:pre;width:37.24pt">included</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.18pt;position:var(--position);text-decoration:none;white-space:pre;width:30.22pt"> in in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.4pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.61pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:218.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.45pt">including the effect of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.95pt;position:var(--position);text-decoration:none;white-space:pre;width:146.04pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.99pt;position:var(--position);text-decoration:none;white-space:pre;width:177.31pt"> and the related income tax effects of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.3pt;position:var(--position);text-decoration:none;white-space:pre;width:87.18pt">unrealized gains or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:230.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.54pt">losses that are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.8pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.78pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:442.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:252.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,584<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">(Loss) gain recorded in OCI</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(12,631)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,387<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,090<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Gain (loss) reclassified into net sales</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">17,849<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,288)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,090)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Income tax expense in OCI</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,238)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(515)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,564<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,584<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:68.88pt">Subsequent to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.38pt;position:var(--position);text-decoration:none;white-space:pre;width:71.11pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.49pt;position:var(--position);text-decoration:none;white-space:pre;width:43.87pt">, through </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.36pt;position:var(--position);text-decoration:none;white-space:pre;width:56.66pt">May 1, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.02pt;position:var(--position);text-decoration:none;white-space:pre;width:127.46pt">, the Company entered into </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.48pt;position:var(--position);text-decoration:none;white-space:pre;width:144.98pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:380pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:19.48pt">and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:68.98pt;position:var(--position);text-decoration:none;white-space:pre;width:165.05pt">Non-Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.03pt;position:var(--position);text-decoration:none;white-space:pre;width:125.1pt"> with notional values totaling</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.13pt;position:var(--position);text-decoration:none;white-space:pre;width:2.8pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.93pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$71,135</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.06pt;position:var(--position);text-decoration:none;white-space:pre;width:22.28pt"> and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.34pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$14,722</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.47pt;position:var(--position);text-decoration:none;white-space:pre;width:8.9pt">, r</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.37pt;position:var(--position);text-decoration:none;white-space:pre;width:97.09pt">espectively, which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:206.06pt">collectively expected to mature within the next </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.56pt;position:var(--position);text-decoration:none;white-space:pre;width:63.88pt">twelve months</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.76pt">The Company has the following </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.26pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.36pt;position:var(--position);text-decoration:none;white-space:pre;width:126.63pt"> recorded at fair value in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.99pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.13pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span><div style="position:var(--position);top:427.55pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:79.96pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:30pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.35pt;position:var(--position);text-decoration:none;white-space:pre">Designated </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Derivative </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.25pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Derivative </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Notional value</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">337,183<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">18,343<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">355,526<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value recorded in other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,316<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">370<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">7,686<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:515.3pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:79.96pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:30pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.35pt;position:var(--position);white-space:pre">Designated </span></div><div style="line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);white-space:pre">Derivative </span></div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:1.8pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.25pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated </span></div><div style="line-height:8pt;position:var(--position);top:11.4pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.78pt;position:var(--position);text-decoration:none;white-space:pre">Derivative </span></div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.23pt;position:var(--position);text-decoration:none;white-space:pre">Contracts</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:21pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Notional value</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">367,695<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">14,018<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">381,713<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value recorded in other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,163<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">75<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,238<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value recorded in other accrued expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:48.59pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:72.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:48.59pt"></span></span><span style="left:51.220000000000006pt;position:var(--position)">(64)</span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:62.78pt">The Company</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.28pt;position:var(--position);text-decoration:none;white-space:pre;width:34.98pt"> settled </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.26pt;position:var(--position);text-decoration:none;white-space:pre;width:86.1pt">derivative contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.36pt;position:var(--position);text-decoration:none;white-space:pre;width:139.41pt"> with notional values as follows:</span><div style="position:var(--position);top:121pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:295.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:295.5pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Designated Derivative Contracts</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">431,232<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">258,040<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">179,528<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:295.5pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-Designated Derivative Contracts</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">160,512<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,565<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:295.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:295.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">591,744<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">276,605<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">179,528<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 337183000 18343000 355526000 7316000 370000 7686000 367695000 14018000 381713000 2163000 75000 2238000 64000 0 64000 P12M 431232000 258040000 179528000 160512000 18565000 0 591744000 276605000 179528000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:415.44pt">The following table summarizes changes in unrealized (loss) gain on cash flow hedges </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.94pt;position:var(--position);text-decoration:none;white-space:pre;width:37.24pt">included</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.18pt;position:var(--position);text-decoration:none;white-space:pre;width:30.22pt"> in in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.4pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.61pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:218.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.45pt">including the effect of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.95pt;position:var(--position);text-decoration:none;white-space:pre;width:146.04pt">Designated Derivative Contracts</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.99pt;position:var(--position);text-decoration:none;white-space:pre;width:177.31pt"> and the related income tax effects of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.3pt;position:var(--position);text-decoration:none;white-space:pre;width:87.18pt">unrealized gains or</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:230.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.54pt">losses that are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:17.76pt">OCI</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.8pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.78pt;position:var(--position);text-decoration:none;white-space:pre;width:224.45pt">consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:442.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);top:252.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,584<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">(Loss) gain recorded in OCI</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(12,631)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,387<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">4,090<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Gain (loss) reclassified into net sales</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">17,849<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(2,288)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,090)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Income tax expense in OCI</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,238)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(515)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,564<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,584<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:47.48pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 1584000 0 0 -12631000 4387000 4090000 17849000 -2288000 -4090000 1238000 515000 0 5564000 1584000 0 71135000 14722000 P12M <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre;width:139.14pt">Stockholders’ Equity</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:430.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:448.8pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:138.03pt">Stock Repurchase Program</span><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:187.53pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.3pt;position:var(--position);text-decoration:none;white-space:pre;width:29.56pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.86pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.53pt;position:var(--position);text-decoration:none;white-space:pre;width:315.86pt"> has approved a stock repurchase program which authorizes the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.91pt">Company to repurchase shares of its common stock in the open market or in privately negotiated transactions,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:435.17pt">subject to market conditions, applicable legal requirements, and other factors (collectively, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.67pt;position:var(--position);text-decoration:none;white-space:pre;width:77.73pt">stock repurchase</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:37.23pt">program</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:30.48pt">). The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.21pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.88pt;position:var(--position);text-decoration:none;white-space:pre;width:3.67pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.55pt;position:var(--position);text-decoration:none;white-space:pre;width:60.91pt">last approved</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.46pt;position:var(--position);text-decoration:none;white-space:pre;width:91.36pt"> an authorization of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.82pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$2,250,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:349.84pt;position:var(--position);text-decoration:none;white-space:pre;width:18.46pt"> on </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.3pt;position:var(--position);text-decoration:none;white-space:pre;width:62.36pt">May 21, 2025</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.66pt;position:var(--position);text-decoration:none;white-space:pre;width:131.7pt">, to repurchase shares of the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:496.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:414.85pt">Company’s common stock under the same conditions as the prior stock repurchase program. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.35pt;position:var(--position);text-decoration:none;white-space:pre;width:95.34pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.69pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:508.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:236.69pt">the aggregate remaining approved amount under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.19pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt">stock repurchase program</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.31pt;position:var(--position);text-decoration:none;white-space:pre;width:12.76pt"> is </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.07pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$1,549,602</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.09pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.03pt">The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.53pt;position:var(--position);text-decoration:none;white-space:pre;width:116.2pt">stock repurchase program</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.73pt;position:var(--position);text-decoration:none;white-space:pre;width:376.68pt"> does not obligate the Company to acquire any amount of common stock and may be</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:542.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.63pt">suspended at any time at the Company’s discretion. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.13pt;position:var(--position);text-decoration:none;white-space:pre;width:268.31pt">The credit agreements governing the Company’s revolving</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:554.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.79pt">credit facilities allow </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.29000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:4.99pt">it</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.28pt;position:var(--position);text-decoration:none;white-space:pre;width:410.22pt"> to make stock repurchases under this program, so long as it does not exceed certain</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:566.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:71.87pt">leverage ratios. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.37pt;position:var(--position);text-decoration:none;white-space:pre;width:97.62pt">As of March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.76pt;position:var(--position);text-decoration:none;white-space:pre;width:83.09pt"> the Company has</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.85pt;position:var(--position);text-decoration:none;white-space:pre;width:257.59pt"> not exceeded the stated leverage ratios, and no defaults</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:578.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:204.45pt">have occurred under these credit agreements.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:600.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:6.66pt">S</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:56.16pt;position:var(--position);text-decoration:none;white-space:pre;width:204.8pt">tock repurchase activity under the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.96000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt">stock repurchase program</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.08pt;position:var(--position);text-decoration:none;white-space:pre;width:69.97pt"> was as follows:</span></div><div style="position:var(--position);top:622.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total number of shares repurchased </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:165.41pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:15.649999999999999pt;position:var(--position)">10,496,292<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,800,040<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,289,124<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted average price per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">102.43<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">149.21<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">96.74<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Dollar value of shares repurchased </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:160.41pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2) (3)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,075,100<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">567,002<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">414,931<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:421.31pt"> All share repurchases were made pursuant to the stock repurchase program in open-market transactions.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:719.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:8.75pt">(2) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.45pt;position:var(--position);text-decoration:none;white-space:pre;width:157.45pt">May not calculate on rounded amounts.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:734.9pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(3)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:446.17pt"> The dollar value of shares repurchased excludes the cost of broker commissions, excise taxes, and other costs.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:68.56pt">Subsequent to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.06pt;position:var(--position);text-decoration:none;white-space:pre;width:70.79pt">March 31, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.85pt;position:var(--position);text-decoration:none;white-space:pre;width:43.55pt">, through </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.4pt;position:var(--position);text-decoration:none;white-space:pre;width:56.34pt">May 1, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.74pt;position:var(--position);text-decoration:none;white-space:pre;width:128.79pt">, the Company repurchased </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.53pt;position:var(--position);text-decoration:none;white-space:pre;width:44.46pt">1,096,908</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.99pt;position:var(--position);text-decoration:none;white-space:pre;width:100.43pt"> shares of its common</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:177.8pt">stock at a weighted average price of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.3pt;position:var(--position);text-decoration:none;white-space:pre;width:36.13pt">$105.75</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.43pt;position:var(--position);text-decoration:none;white-space:pre;width:70.8pt"> per share for </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.23pt;position:var(--position);text-decoration:none;white-space:pre;width:40.95pt">$115,999</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.18pt;position:var(--position);text-decoration:none;white-space:pre;width:36.97pt">. As of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.15pt;position:var(--position);text-decoration:none;white-space:pre;width:59.3pt">May 1, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.45pt;position:var(--position);text-decoration:none;white-space:pre;width:90.89pt">, the Company had</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$1,433,603</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.52000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:216.11pt"> for repurchases remaining authorized under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.63pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt">stock repurchase program</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:145pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.29pt">On May 20, 2026</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.79pt;position:var(--position);text-decoration:none;white-space:pre;width:22.62pt">, the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.41pt;position:var(--position);text-decoration:none;white-space:pre;width:26.67pt">Board</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:179.04pt"> approved an additional authorization of </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.12pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$3,500,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.14pt;position:var(--position);text-decoration:none;white-space:pre;width:157.33pt">, for the Company to repurchase its</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:157pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.89pt">common stock under the same conditions as the prior stock repurchase program, resulting in an aggregate</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:182.77pt">remaining authorization of approximately </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.27pt;position:var(--position);text-decoration:none;white-space:pre;width:50.02pt">$4,840,000</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:68.85pt"> as of that date.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.14pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:191pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:199.13pt">Accumulated Other Comprehensive Loss.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.63pt;position:var(--position);text-decoration:none;white-space:pre;width:2.71pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.34pt;position:var(--position);text-decoration:none;white-space:pre;width:105.35pt">The components within </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.69pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.9pt;position:var(--position);text-decoration:none;white-space:pre;width:122.45pt">, net of tax, recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.35pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.24pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.74pt;position:var(--position);text-decoration:none;white-space:pre;width:69.41pt">, are as follows:</span></div><div style="position:var(--position);top:225pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unrealized gain on cash flow hedges</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,564<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,584<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cumulative foreign currency translation loss</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(41,483)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(51,238)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(35,919)</span></span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(49,654)</span></span></div></div></div></td></tr></tbody></table></div></div></div> 2250000000 1549602000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:6.66pt">S</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:56.16pt;position:var(--position);text-decoration:none;white-space:pre;width:204.8pt">tock repurchase activity under the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.96000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt">stock repurchase program</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.08pt;position:var(--position);text-decoration:none;white-space:pre;width:69.97pt"> was as follows:</span><div style="position:var(--position);top:622.8pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total number of shares repurchased </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:165.41pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:15.649999999999999pt;position:var(--position)">10,496,292<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">3,800,040<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.58pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">4,289,124<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted average price per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">102.43<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:35.1pt;position:var(--position)">149.21<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">96.74<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Dollar value of shares repurchased </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:160.41pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2) (3)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,075,100<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">567,002<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">414,931<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:421.31pt"> All share repurchases were made pursuant to the stock repurchase program in open-market transactions.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:719.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:8.75pt">(2) </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:56.45pt;position:var(--position);text-decoration:none;white-space:pre;width:157.45pt">May not calculate on rounded amounts.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:734.9pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(3)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:446.17pt"> The dollar value of shares repurchased excludes the cost of broker commissions, excise taxes, and other costs.</span></div> 10496292 3800040 4289124 102.43 149.21 96.74 1075100000 567002000 414931000 1096908 105.75 115999000 1433603000 3500000000 4840000000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.34pt;position:var(--position);text-decoration:none;white-space:pre;width:105.35pt">The components within </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.69pt;position:var(--position);text-decoration:none;white-space:pre;width:27.21pt">AOCL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.9pt;position:var(--position);text-decoration:none;white-space:pre;width:122.45pt">, net of tax, recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.35pt;position:var(--position);text-decoration:none;white-space:pre;width:56.13pt">consolidated</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.24pt">balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.74pt;position:var(--position);text-decoration:none;white-space:pre;width:69.41pt">, are as follows:</span></div><div style="position:var(--position);top:225pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unrealized gain on cash flow hedges</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">5,564<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,584<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cumulative foreign currency translation loss</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(41,483)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(51,238)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(35,919)</span></span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(49,654)</span></span></div></div></div></td></tr></tbody></table></div></div></div> 5564000 1584000 -41483000 -51238000 -35919000 -49654000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre;width:167.92pt">Basic and Diluted Shares</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:327.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:439.41pt">The reconciliation of basic to diluted weighted-average common shares outstanding was as follows:</span></div><div style="position:var(--position);top:367.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:296.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:147.01pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basic</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">145,498<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">151,992<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">155,225<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Dilutive effect of equity awards</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">307<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">678<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,060<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Diluted</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">145,805<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">152,670<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">156,285<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Excluded</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:101.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">77<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:101.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:101.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">16<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSUs</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:116.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">254<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:116.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">155<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:116.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">291<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Deferred Non-Employee Director Equity Awards</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:131.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:131.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:131.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">3<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Employee Stock Purchase Plan</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:146.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">3<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:146.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:146.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:543.55pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.81pt">Excluded Awards.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.31pt;position:var(--position);text-decoration:none;white-space:pre;width:3.35pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.66pt;position:var(--position);text-decoration:none;white-space:pre;width:422.82pt">The equity awards excluded from the calculation of the dilutive effect may be excluded due to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.86pt">one of the following: (1) the shares were antidilutive or (2) the necessary conditions had not been satisfied for the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">shares to be deemed issuable based on the Company’s performance for the relevant performance period. The</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">number of shares stated for each of these excluded awards is the maximum number of shares issuable pursuant to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.9pt">these awards. For those awards subject to the achievement of performance criteria, the actual number of shares to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">be issued pursuant to such awards will be based on Company performance in future periods, net of forfeitures, and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:473.65pt">may be materially lower than the number of shares presented, which could result in a lower dilutive effect.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.15pt;position:var(--position);text-decoration:none;white-space:pre;width:39.23pt"> Refer to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.55pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.3pt">Note 9, “Stock-Based Compensation,”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.8pt;position:var(--position);text-decoration:none;white-space:pre;width:279.77pt"> for further information on the Company’s equity incentive plans</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.57pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:439.41pt">The reconciliation of basic to diluted weighted-average common shares outstanding was as follows:</span><div style="position:var(--position);top:367.3pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:1.87pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:296.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:147.01pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basic</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">145,498<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">151,992<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">155,225<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Dilutive effect of equity awards</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">307<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">678<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">1,060<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Diluted</span></div></div></div></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">145,805<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">152,670<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:26.91pt"></span></span><span style="left:29.54pt;position:var(--position)">156,285<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.15pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Excluded</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:101.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">77<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:101.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:101.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:51.92pt"></span></span><span style="left:54.550000000000004pt;position:var(--position)">16<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">LTIP PSUs</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:116.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">254<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:116.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">155<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:116.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">291<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Deferred Non-Employee Director Equity Awards</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:131.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:131.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:131.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">3<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Employee Stock Purchase Plan</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:146.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:57.48pt"></span></span><span style="left:60.11pt;position:var(--position)">3<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:146.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:146.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">—<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 145498000 151992000 155225000 307000 678000 1060000 145805000 152670000 156285000 77000 9000 16000 254000 155000 291000 5000 2000 3000 3000 0 0 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre;width:213.78pt">Reportable Operating Segments</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:666.35pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:684.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:283.63pt">Information reported to the Chief Operating Decision Maker (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.13pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.67pt;position:var(--position);text-decoration:none;white-space:pre;width:198.72pt">), who is the Principal Executive Officer, is</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:696.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.22pt">organized into the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.72pt;position:var(--position);text-decoration:none;white-space:pre;width:22.78pt">three</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.5pt;position:var(--position);text-decoration:none;white-space:pre;width:143.89pt"> reportable operating segments</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.39pt;position:var(--position);text-decoration:none;white-space:pre;width:204.04pt">, which include the brand operations for the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.76pt">HOKA</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.26pt;position:var(--position);text-decoration:none;white-space:pre;width:38.3pt"> brand, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.56pt;position:var(--position);text-decoration:none;white-space:pre;width:22.76pt">UGG</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.32pt;position:var(--position);text-decoration:none;white-space:pre;width:128.07pt"> brand, and Other brands. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.39pt;position:var(--position);text-decoration:none;white-space:pre;width:204.34pt">The operations of each brand within these </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.73pt;position:var(--position);text-decoration:none;white-space:pre;width:91.67pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:720.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.34pt">segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.84pt;position:var(--position);text-decoration:none;white-space:pre;width:474.66pt">s are managed separately because each requires different marketing, research and development, design,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:732.35pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:134.99pt">sourcing, and sales strategies.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="color:#192227;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:336.37pt">Segment Net Sales, Gross Margin, and Income from Operations.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:385.87pt;position:var(--position);text-decoration:none;white-space:pre;width:30.62pt"> The </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.49pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.03pt;position:var(--position);text-decoration:none;white-space:pre;width:115.39pt"> regularly evaluates the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.62pt">performance of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.12pt;position:var(--position);text-decoration:none;white-space:pre;width:132.69pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.81pt;position:var(--position);text-decoration:none;white-space:pre;width:282.68pt"> based on net sales, gross profit as a percentage of net sales</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.33pt">(</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.83pt;position:var(--position);text-decoration:none;white-space:pre;width:58.51pt">gross margin</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:111.34pt;position:var(--position);text-decoration:none;white-space:pre;width:451.15pt">), and income from operations when making decisions about resource allocations to each reportable</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:235.07pt">operating segment. Income from operations of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.57pt;position:var(--position);text-decoration:none;white-space:pre;width:131.55pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.12pt;position:var(--position);text-decoration:none;white-space:pre;width:146.32pt"> includes certain costs which are</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:422.63pt">specifically related to each reportable operating segment and that are regularly provided to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.13pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.67pt;position:var(--position);text-decoration:none;white-space:pre;width:5.59pt">. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.26pt;position:var(--position);text-decoration:none;white-space:pre;width:54.11pt">These costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.99pt">consist of cost of sales; payroll and related expenses, including stock-based compensation; advertising, marketing,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.47pt">and promotion expenses; </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.97pt;position:var(--position);text-decoration:none;white-space:pre;width:88.88pt">rent and occupancy</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.85pt;position:var(--position);text-decoration:none;white-space:pre;width:167.71pt"> (including maintenance and utilities);</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.56pt;position:var(--position);text-decoration:none;white-space:pre;width:3.59pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.15pt;position:var(--position);text-decoration:none;white-space:pre;width:135.25pt">depreciation and other related</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.79pt">costs; and other segment items.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.29pt;position:var(--position);text-decoration:none;white-space:pre;width:8.73pt"> T</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.02pt;position:var(--position);text-decoration:none;white-space:pre;width:40.08pt">here are </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.1pt;position:var(--position);text-decoration:none;white-space:pre;width:11.12pt">no</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.22pt;position:var(--position);text-decoration:none;white-space:pre;width:206.74pt"> inter-segment sales for any period presented. </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.96pt;position:var(--position);text-decoration:none;white-space:pre;width:104.53pt">The accounting policies</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.95pt">applicable to the Company’s </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.45pt;position:var(--position);text-decoration:none;white-space:pre;width:136.97pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.42pt;position:var(--position);text-decoration:none;white-space:pre;width:199.59pt">s are consistent with those described in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.01pt;position:var(--position);text-decoration:none;white-space:pre;width:32.64pt">Note 1</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.99pt">“General.”</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.49000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:229pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:146.71pt">Income from operations of each </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.21pt;position:var(--position);text-decoration:none;white-space:pre;width:131.93pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.14pt;position:var(--position);text-decoration:none;white-space:pre;width:234.24pt"> excludes enterprise and shared brand expenses as</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:241pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.16pt">well as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.66pt;position:var(--position);text-decoration:none;white-space:pre;width:109.12pt">total other income, net</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.78pt;position:var(--position);text-decoration:none;white-space:pre;width:161.13pt">, which are not used to assess </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.91pt;position:var(--position);text-decoration:none;white-space:pre;width:137.41pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.32pt;position:var(--position);text-decoration:none;white-space:pre;width:62.31pt"> performance</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.63pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.95pt">Unallocated enterprise and shared brand expenses are costs that are managed centrally and not specific to any one</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:266.02pt">brand. These costs are primarily comprised of certain </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.52pt;position:var(--position);text-decoration:none;white-space:pre;width:246.92pt">payroll and related expenses, including stock-based</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:277pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.81pt">compensation; global </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.31pt;position:var(--position);text-decoration:none;white-space:pre;width:8.69pt">IT</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:156pt;position:var(--position);text-decoration:none;white-space:pre;width:406.44pt"> expenses; 3PL service fees; depreciation, rent, and occupancy for owned warehouses and</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:289pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.44pt">DC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.94pt;position:var(--position);text-decoration:none;white-space:pre;width:498.5pt">s and offices; and other SG&amp;A expenses, such as costs for contract services, materials, supplies, and travel.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.59pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:301pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333pt">These costs span multiple functions including owned warehouses and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.44pt">DC</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.94pt;position:var(--position);text-decoration:none;white-space:pre;width:31.96pt">s and </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.9pt;position:var(--position);text-decoration:none;white-space:pre;width:17.41pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.31pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt"> service fees, along with</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:313pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:293.73pt">enterprise costs which include centralized commercial operations, </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.23pt;position:var(--position);text-decoration:none;white-space:pre;width:7.77pt">IT</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:351pt;position:var(--position);text-decoration:none;white-space:pre;width:211.45pt">, finance, human resources, legal, supply chain,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:325pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:114.45pt">and corporate executives.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:347pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:422.15pt">The Company does not regularly provide total assets or capital expenditures information by </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.65pt;position:var(--position);text-decoration:none;white-space:pre;width:90.74pt">reportable operating</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.34pt">segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.84pt;position:var(--position);text-decoration:none;white-space:pre;width:32.03pt"> to the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.87pt;position:var(--position);text-decoration:none;white-space:pre;width:30.54pt">CODM</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.41pt;position:var(--position);text-decoration:none;white-space:pre;width:411.96pt"> because that information is not used to evaluate performance or allocate resources to each</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:130.57pt">reportable operating segment</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Reportable operating segment information, with a reconciliation to the consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:71.65pt">income, was as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.15pt;position:var(--position);text-decoration:none;white-space:pre;width:33.32pt">follows:</span></div><div style="position:var(--position);top:427pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2026</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.06pt;position:var(--position);white-space:pre">Other Brands </span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:58.330000000000005pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre">(3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net sales</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,587,330</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,738,758</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.68pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">146,208</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">5,472,296</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Cost of sales</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,116,395</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,115,588</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">82,587</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,314,570</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross profit</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,470,935</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,623,170</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">63,621</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">3,157,726</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross margin</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">56.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">59.3<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">43.5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.7<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Payroll and related costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">130,466<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">158,290<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">18,317<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">307,073<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Advertising, marketing, and promotion </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">263,063<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">215,403<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">17,372<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">495,838<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Rent and occupancy</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">46,173<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">84,287<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">111<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">130,571<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.93pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:172.7pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">7,831<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">12,245<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">108<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">20,184<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:157.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:102.13pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">112,422<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">107,614<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">11,348<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">231,384<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:172.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment SG&amp;A expenses</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">559,955<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">577,839<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">47,256<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:9.69pt"></span></span><span style="left:12.32pt;position:var(--position)">1,185,050<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:187.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">910,980<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,045,331<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">16,365<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,972,676<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:202.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment operating margin</span></div></div></div></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">35.2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">38.2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">11.2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">36.0<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:659.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);white-space:pre">Other Brands</span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:56.5pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net sales</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,233,090</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,531,351</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.68pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">221,171</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">4,985,612</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Cost of sales</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">949,824</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,023,495</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">126,630</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,099,949</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross profit</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,283,266</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,507,856</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">94,541</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,885,663</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross margin</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">59.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">42.7<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);white-space:pre">Other Brands</span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:56.5pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Payroll and related costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">101,056<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">146,093<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">18,179<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">265,328<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Advertising, marketing, and promotion </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">226,238<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">180,889<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">25,071<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">432,198<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Rent and occupancy</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">26,467<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">75,724<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">424<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">102,615<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.93pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:172.7pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">5,007<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">10,026<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">4,412<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">19,445<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:102.13pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">75,993<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">92,251<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">11,877<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">180,121<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment SG&amp;A expenses</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">434,761<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">504,983<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">59,963<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">999,707<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">848,505<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,002,873<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">34,578<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,885,956<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment operating margin</span></div></div></div></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">38.0<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">39.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">15.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">37.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:271.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2024</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);white-space:pre">Other Brands</span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:56.5pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net sales</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">1,806,740</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,239,132</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.68pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">241,891</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">4,287,763</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Cost of sales</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">763,673</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">983,636</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">154,966</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,902,275</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross profit</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,043,067</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,255,496</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">86,925</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,385,488</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross margin</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.7<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">56.1<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">35.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">55.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Payroll and related costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">74,991<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">134,307<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">17,628<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">226,926<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Advertising, marketing, and promotion </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">175,756<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">148,809<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">24,287<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">348,852<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Rent and occupancy</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">16,589<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">75,724<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">348<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">92,661<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.93pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:172.7pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">3,389<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">9,295<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">10,034<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">22,718<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:157.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.13pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:104.89999999999999pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">53,295<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">82,534<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">10,907<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">146,736<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:172.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment SG&amp;A expenses</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">324,020<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">450,669<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">63,204<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">837,893<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:187.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">719,047<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">804,827<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">23,721<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,547,595<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:202.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment operating margin</span></div></div></div></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">39.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">35.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">9.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">36.1<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.71pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.540000000000006pt;position:var(--position);text-decoration:none;white-space:pre;width:145.27pt">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:202.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.71pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:205.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:356.89pt">generally include depreciation of property and equipment, amortization and impairment of</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:461.65pt">intangible assets or other-long lived assets, accretion, loss on disposal of assets, and other miscellaneous costs. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:520.15pt;position:var(--position);text-decoration:none;white-space:pre;width:42.21pt">During the</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:520.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:359.81pt">year ended March 31, 2024, the Company recorded an impairment to intangible assets of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:418.31pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$8,164</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:445.81pt;position:var(--position);text-decoration:none;white-space:pre;width:116.65pt"> for the Sanuk brand definite-</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:531.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:474.81pt">lived trademark. Refer to the section titled “Recoverability of Definite-Lived Intangible and Other Long-Lived Assets,” in </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:533.31pt;position:var(--position);text-decoration:none;white-space:pre;width:29.12pt">Note 1,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:542.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.46pt">“General,”</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:98.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:183.87pt"> for further information on the impairment loss.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:558pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:3.61pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.440000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:85.68pt">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:144.12pt;position:var(--position);text-decoration:none;white-space:pre;width:339.26pt"> are comprised of other SG&amp;A expenses, which primarily include credit card fees, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:483.38pt;position:var(--position);text-decoration:none;white-space:pre;width:76.56pt">sales commissions</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:559.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:568.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.4pt">materials and supplies, travel, and certain </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:226.9pt;position:var(--position);text-decoration:none;white-space:pre;width:15.67pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:242.57pt;position:var(--position);text-decoration:none;white-space:pre;width:196.43pt"> service fees, and other miscellaneous expenses.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:584.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(3)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:4.39pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:59.22pt;position:var(--position);text-decoration:none;white-space:pre;width:503.19pt">The Other brands reportable operating segment for fiscal year 2026, includes financial results for the phase out of the</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:595.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.99pt">Koolaburra brand and AHNU brand. The Other brands reportable operating segment for the prior period includes financial</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:606.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:304.01pt">results for the former Sanuk brand through the Sanuk Brand Sale Date. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:362.51pt;position:var(--position);text-decoration:none;white-space:pre;width:109.5pt">Refer to the section titled </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:472.01pt;position:var(--position);text-decoration:none;white-space:pre;width:90.45pt">“Reportable Operating</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.98pt">Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:104.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:11.99pt"> in </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:116.47pt;position:var(--position);text-decoration:none;white-space:pre;width:71.95pt">Note 1, “General,”</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:188.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:190.92pt;position:var(--position);text-decoration:none;white-space:pre;width:88.43pt">for further information.</span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">A reconciliation of reportable segment income from operations to consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.2pt">was as follows:</span></div><div style="position:var(--position);top:133pt;width:612pt"><div style="font-size:0pt;left:46.88pt;position:var(--position);width:518.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:301.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.64pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:301.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,972,676<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,885,956<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,547,595<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:301.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Unallocated enterprise and shared brand expenses </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:232.10999999999999pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(709,773)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(706,864)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(620,081)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:301.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other income, net</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">63,453<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">64,207<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">51,427<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:301.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Consolidated income before income taxes</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,326,356<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,243,299<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">978,941<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.98pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.81pt;position:var(--position);text-decoration:none;white-space:pre;width:504.64pt">To the extent that consolidated SG&amp;A expenses exceed reportable operating segment SG&amp;A expenses, they are recorded in</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.85pt">unallocated enterprise and shared brand expenses, which are costs that are managed centrally and not specific to any one</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:250.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.49pt">brand.</span></div> 3 3 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.96pt">Reportable operating segment information, with a reconciliation to the consolidated statements of comprehensive</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:71.65pt">income, was as </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.15pt;position:var(--position);text-decoration:none;white-space:pre;width:33.32pt">follows:</span></div><div style="position:var(--position);top:427pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2026</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.06pt;position:var(--position);white-space:pre">Other Brands </span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:58.330000000000005pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre">(3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net sales</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,587,330</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,738,758</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.68pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">146,208</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">5,472,296</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Cost of sales</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,116,395</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,115,588</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">82,587</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,314,570</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross profit</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,470,935</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,623,170</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">63,621</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">3,157,726</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross margin</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">56.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">59.3<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">43.5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.7<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Payroll and related costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">130,466<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">158,290<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">18,317<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">307,073<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Advertising, marketing, and promotion </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">263,063<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">215,403<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">17,372<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">495,838<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Rent and occupancy</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">46,173<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">84,287<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">111<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">130,571<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.93pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:172.7pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">7,831<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">12,245<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">108<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">20,184<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:157.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:102.13pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">112,422<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">107,614<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">11,348<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">231,384<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:172.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment SG&amp;A expenses</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">559,955<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">577,839<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">47,256<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:9.69pt"></span></span><span style="left:12.32pt;position:var(--position)">1,185,050<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:187.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">910,980<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,045,331<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">16,365<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,972,676<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:202.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment operating margin</span></div></div></div></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">35.2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">38.2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">11.2<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">36.0<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:659.5pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);white-space:pre">Other Brands</span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:56.5pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net sales</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,233,090</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,531,351</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.68pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">221,171</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">4,985,612</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Cost of sales</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">949,824</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,023,495</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">126,630</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,099,949</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross profit</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,283,266</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,507,856</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">94,541</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,885,663</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross margin</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.5<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">59.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">42.7<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div><div style="position:var(--position);top:99pt;width:612pt"><div style="font-size:0pt;left:49.87pt;position:var(--position);width:512.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2025</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);white-space:pre">Other Brands</span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:56.5pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Payroll and related costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">101,056<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">146,093<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">18,179<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">265,328<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Advertising, marketing, and promotion </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">226,238<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">180,889<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">25,071<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">432,198<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Rent and occupancy</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">26,467<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">75,724<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">424<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:67.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">102,615<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.93pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:172.7pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">5,007<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">10,026<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">4,412<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:82.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">19,445<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:102.13pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre"> (2)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">75,993<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">92,251<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">11,877<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:97.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">180,121<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment SG&amp;A expenses</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">434,761<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">504,983<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">59,963<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:112.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">999,707<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">848,505<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,002,873<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">34,578<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,885,956<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment operating margin</span></div></div></div></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">38.0<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:295.5pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">39.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">15.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:442.5pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">37.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:271.5pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended March 31, 2024</span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.11pt;position:var(--position);text-decoration:none;white-space:pre">HOKA</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">UGG</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);white-space:pre">Other Brands</span><span style="font-family:'Arial', sans-serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:56.5pt;position:var(--position);top:-2.037pt;vertical-align:super;white-space:pre"> (3)</span></div></div></div></td><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.33pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net sales</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">1,806,740</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">2,239,132</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.68pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">241,891</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:10.35pt"></span></span><span style="left:18.54pt;position:var(--position)">4,287,763</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Cost of sales</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">763,673</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">983,636</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:24.24pt"></span></span><span style="left:26.869999999999997pt;position:var(--position)">154,966</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:27.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,902,275</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross profit</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,043,067</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">1,255,496</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">86,925</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:42.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:15.91pt"></span></span><span style="left:18.54pt;position:var(--position)">2,385,488</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment gross margin</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">57.7<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">56.1<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">35.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:57.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">55.6<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Less:</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Payroll and related costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">74,991<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">134,307<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">17,628<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">226,926<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:24.75pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Advertising, marketing, and promotion </span></div><div style="line-height:10pt;position:var(--position);top:14.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">expenses</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">175,756<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">148,809<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">24,287<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:102.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">348,852<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Rent and occupancy</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">16,589<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">75,724<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:37.47pt"></span></span><span style="left:40.1pt;position:var(--position)">348<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:127.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">92,661<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.12pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.93pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:172.7pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">3,389<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">9,295<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">10,034<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:142.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">22,718<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:157.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.13pt;position:var(--position);white-space:pre"> </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:104.89999999999999pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">53,295<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">82,534<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">10,907<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:157.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">146,736<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:172.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment SG&amp;A expenses</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">324,020<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">450,669<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">63,204<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:172.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:20.65pt;position:var(--position)">837,893<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:187.5pt;width:222.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">719,047<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:12.46pt"></span></span><span style="left:20.65pt;position:var(--position)">804,827<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:18.02pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">23,721<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:187.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:4.13pt"></span></span><span style="left:12.32pt;position:var(--position)">1,547,595<span style="display:inline-block;height:7.28pt;width:12.22pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:202.5pt;width:222.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Segment operating margin</span></div></div></div></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:222.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">39.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">35.9<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:42.89pt;position:var(--position)"></span><span style="left:42.89pt;position:var(--position)">9.8<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:202.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:37.33pt;position:var(--position)"></span><span style="left:37.33pt;position:var(--position)">36.1<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span><span style="left:60.11pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.71pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.540000000000006pt;position:var(--position);text-decoration:none;white-space:pre;width:145.27pt">Depreciation and other related costs</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:202.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.71pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:205.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:356.89pt">generally include depreciation of property and equipment, amortization and impairment of</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:461.65pt">intangible assets or other-long lived assets, accretion, loss on disposal of assets, and other miscellaneous costs. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:520.15pt;position:var(--position);text-decoration:none;white-space:pre;width:42.21pt">During the</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:520.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:359.81pt">year ended March 31, 2024, the Company recorded an impairment to intangible assets of </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:418.31pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$8,164</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:445.81pt;position:var(--position);text-decoration:none;white-space:pre;width:116.65pt"> for the Sanuk brand definite-</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:531.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:474.81pt">lived trademark. Refer to the section titled “Recoverability of Definite-Lived Intangible and Other Long-Lived Assets,” in </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:533.31pt;position:var(--position);text-decoration:none;white-space:pre;width:29.12pt">Note 1,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:542.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.46pt">“General,”</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:98.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:183.87pt"> for further information on the impairment loss.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:558pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:3.61pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.440000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:85.68pt">Other segment items</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:144.12pt;position:var(--position);text-decoration:none;white-space:pre;width:339.26pt"> are comprised of other SG&amp;A expenses, which primarily include credit card fees, </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:483.38pt;position:var(--position);text-decoration:none;white-space:pre;width:76.56pt">sales commissions</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:559.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:568.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.4pt">materials and supplies, travel, and certain </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:226.9pt;position:var(--position);text-decoration:none;white-space:pre;width:15.67pt">3PL</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:242.57pt;position:var(--position);text-decoration:none;white-space:pre;width:196.43pt"> service fees, and other miscellaneous expenses.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:584.6pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(3)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:4.39pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:59.22pt;position:var(--position);text-decoration:none;white-space:pre;width:503.19pt">The Other brands reportable operating segment for fiscal year 2026, includes financial results for the phase out of the</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:595.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.99pt">Koolaburra brand and AHNU brand. The Other brands reportable operating segment for the prior period includes financial</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:606.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:304.01pt">results for the former Sanuk brand through the Sanuk Brand Sale Date. </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:362.51pt;position:var(--position);text-decoration:none;white-space:pre;width:109.5pt">Refer to the section titled </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:472.01pt;position:var(--position);text-decoration:none;white-space:pre;width:90.45pt">“Reportable Operating</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.98pt">Segments,”</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:104.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:11.99pt"> in </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:116.47pt;position:var(--position);text-decoration:none;white-space:pre;width:71.95pt">Note 1, “General,”</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:188.42pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:190.92pt;position:var(--position);text-decoration:none;white-space:pre;width:88.43pt">for further information.</span></div></div> 2587330000 2738758000 146208000 5472296000 1116395000 1115588000 82587000 2314570000 1470935000 1623170000 63621000 3157726000 0.569 0.593 0.435 0.577 130466000 158290000 18317000 307073000 263063000 215403000 17372000 495838000 46173000 84287000 111000 130571000 7831000 12245000 108000 20184000 112422000 107614000 11348000 231384000 559955000 577839000 47256000 1185050000 910980000 1045331000 16365000 1972676000 0.352 0.382 0.112 0.360 2233090000 2531351000 221171000 4985612000 949824000 1023495000 126630000 2099949000 1283266000 1507856000 94541000 2885663000 0.575 0.596 0.427 0.579 101056000 146093000 18179000 265328000 226238000 180889000 25071000 432198000 26467000 75724000 424000 102615000 5007000 10026000 4412000 19445000 75993000 92251000 11877000 180121000 434761000 504983000 59963000 999707000 848505000 1002873000 34578000 1885956000 0.380 0.396 0.156 0.378 1806740000 2239132000 241891000 4287763000 763673000 983636000 154966000 1902275000 1043067000 1255496000 86925000 2385488000 0.577 0.561 0.359 0.556 74991000 134307000 17628000 226926000 175756000 148809000 24287000 348852000 16589000 75724000 348000 92661000 3389000 9295000 10034000 22718000 53295000 82534000 10907000 146736000 324020000 450669000 63204000 837893000 719047000 804827000 23721000 1547595000 0.398 0.359 0.098 0.361 8164000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:513pt">A reconciliation of reportable segment income from operations to consolidated statements of comprehensive income</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:67.2pt">was as follows:</span></div><div style="position:var(--position);top:133pt;width:612pt"><div style="font-size:0pt;left:46.88pt;position:var(--position);width:518.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:301.5pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.64pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:301.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Segment income from operations</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,972,676<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,885,956<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,547,595<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:301.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Unallocated enterprise and shared brand expenses </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:232.10999999999999pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(709,773)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(706,864)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:26.209999999999997pt;position:var(--position)">(620,081)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:301.5pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other income, net</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">63,453<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">64,207<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">51,427<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:301.5pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:301.5pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Consolidated income before income taxes</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,326,356<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:13.02pt"></span></span><span style="left:21.209999999999997pt;position:var(--position)">1,243,299<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:448.5pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:21.35pt"></span></span><span style="left:29.54pt;position:var(--position)">978,941<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:2.98pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:57.81pt;position:var(--position);text-decoration:none;white-space:pre;width:504.64pt">To the extent that consolidated SG&amp;A expenses exceed reportable operating segment SG&amp;A expenses, they are recorded in</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.85pt">unallocated enterprise and shared brand expenses, which are costs that are managed centrally and not specific to any one</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:250.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.49pt">brand.</span></div> 1972676000 1885956000 1547595000 709773000 706864000 620081000 63453000 64207000 51427000 1326356000 1243299000 978941000 <span style="color:#5da39e;font-family:'Arial', sans-serif;font-size:14pt;font-style:normal;font-weight:bold;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre;width:174.12pt">Supplier Finance Program</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:287.7pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td><td style="padding:0;width:102pt"></td></tr><tr style="height:3pt"><td colspan="5" style="border-top:1pt solid #5da39e;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:305.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:134.29pt">The Company has a voluntar</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.79pt;position:var(--position);text-decoration:none;white-space:pre;width:135.93pt">y Supplier Finance Program (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.72pt;position:var(--position);text-decoration:none;white-space:pre;width:19.42pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.14pt;position:var(--position);text-decoration:none;white-space:pre;width:27.04pt">) adm</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.18pt;position:var(--position);text-decoration:none;white-space:pre;width:196.29pt">inistered through a third-party platform that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:317.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:345.79pt">provides the Company’s independent manufacturers that supply its inventory (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.29pt;position:var(--position);text-decoration:none;white-space:pre;width:83.45pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.74pt;position:var(--position);text-decoration:none;white-space:pre;width:83.64pt">) the opportunity to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:329.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">sell their receivables due from the Company to participating financial institutions in advance of the invoice due date,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:341.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:138.24pt">at the sole discretion of both </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.74pt;position:var(--position);text-decoration:none;white-space:pre;width:85.09pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.83000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:289.55pt"> and the financial institutions The Company is not party to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:353.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:346.65pt">agreements between these third parties and has no economic interest in an </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.15pt;position:var(--position);text-decoration:none;white-space:pre;width:84.22pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.37pt;position:var(--position);text-decoration:none;white-space:pre;width:82.02pt">’ decision to sell a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:365.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.34pt">receivable.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:387.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">The Company’s payment obligations, including the amounts due and payment terms, which generally do not exceed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.53pt">90 days, are not impacted by the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.03pt;position:var(--position);text-decoration:none;white-space:pre;width:83.88pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:132.27pt">’ election to participate in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.18pt;position:var(--position);text-decoration:none;white-space:pre;width:18.14pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.32pt;position:var(--position);text-decoration:none;white-space:pre;width:127.16pt">, and the Company provides</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:209.45pt">no guarantees to any third parties under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.95pt;position:var(--position);text-decoration:none;white-space:pre;width:18.14pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:141.12pt">. Accordingly, amounts due to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.21pt;position:var(--position);text-decoration:none;white-space:pre;width:84.94pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.15pt;position:var(--position);text-decoration:none;white-space:pre;width:59.21pt"> that elect to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:423.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.09pt">participate in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.59pt;position:var(--position);text-decoration:none;white-space:pre;width:19.24pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:72.77pt"> are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.6pt;position:var(--position);text-decoration:none;white-space:pre;width:103.35pt"><span style="-sec-ix-hidden:f-1321"><span style="-sec-ix-hidden:f-1322">trade accounts payable</span></span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.95pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.93pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:445.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:236.75pt">Activity for the Company’s SFP program is as follows:</span></div><div style="position:var(--position);top:467.7pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:40.8pt"></span></span><span style="left:48.99pt;position:var(--position)">896<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,483<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Obligations added</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">35,899<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">29,373<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Obligations settled</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(33,593)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,960)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,202<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:40.8pt"></span></span><span style="left:48.99pt;position:var(--position)">896<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:568.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre">Payments made in connection with the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.36pt;position:var(--position);text-decoration:none;white-space:pre">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.6pt;position:var(--position);text-decoration:none;white-space:pre"> are reported as cash used in operating activities in the trade accounts </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:580.2pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre">payable line item of the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.03pt;position:var(--position);text-decoration:none;white-space:pre">consolidated statements of cash flows</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.34pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:134.29pt">The Company has a voluntar</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.79pt;position:var(--position);text-decoration:none;white-space:pre;width:135.93pt">y Supplier Finance Program (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.72pt;position:var(--position);text-decoration:none;white-space:pre;width:19.42pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.14pt;position:var(--position);text-decoration:none;white-space:pre;width:27.04pt">) adm</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.18pt;position:var(--position);text-decoration:none;white-space:pre;width:196.29pt">inistered through a third-party platform that</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:317.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:345.79pt">provides the Company’s independent manufacturers that supply its inventory (</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.29pt;position:var(--position);text-decoration:none;white-space:pre;width:83.45pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.74pt;position:var(--position);text-decoration:none;white-space:pre;width:83.64pt">) the opportunity to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:329.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.94pt">sell their receivables due from the Company to participating financial institutions in advance of the invoice due date,</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:341.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:138.24pt">at the sole discretion of both </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.74pt;position:var(--position);text-decoration:none;white-space:pre;width:85.09pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.83000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:289.55pt"> and the financial institutions The Company is not party to the</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:353.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:346.65pt">agreements between these third parties and has no economic interest in an </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.15pt;position:var(--position);text-decoration:none;white-space:pre;width:84.22pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.37pt;position:var(--position);text-decoration:none;white-space:pre;width:82.02pt">’ decision to sell a</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:365.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.34pt">receivable.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:387.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:512.93pt">The Company’s payment obligations, including the amounts due and payment terms, which generally do not exceed</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.53pt">90 days, are not impacted by the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.03pt;position:var(--position);text-decoration:none;white-space:pre;width:83.88pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:132.27pt">’ election to participate in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.18pt;position:var(--position);text-decoration:none;white-space:pre;width:18.14pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.32pt;position:var(--position);text-decoration:none;white-space:pre;width:127.16pt">, and the Company provides</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:209.45pt">no guarantees to any third parties under the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.95pt;position:var(--position);text-decoration:none;white-space:pre;width:18.14pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:141.12pt">. Accordingly, amounts due to </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.21pt;position:var(--position);text-decoration:none;white-space:pre;width:84.94pt">inventory suppliers</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.15pt;position:var(--position);text-decoration:none;white-space:pre;width:59.21pt"> that elect to</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> </span></div><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.09pt">participate in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.59pt;position:var(--position);text-decoration:none;white-space:pre;width:19.24pt">SFP</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:72.77pt"> are recorded in </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.6pt;position:var(--position);text-decoration:none;white-space:pre;width:103.35pt"><span style="-sec-ix-hidden:f-1321"><span style="-sec-ix-hidden:f-1322">trade accounts payable</span></span></span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.95pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt"> in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.93pt;position:var(--position);text-decoration:none;white-space:pre;width:126.14pt">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">.</span> <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre;width:236.75pt">Activity for the Company’s SFP program is as follows:</span><div style="position:var(--position);top:467.7pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:369.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:143.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:369.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:369.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:40.8pt"></span></span><span style="left:48.99pt;position:var(--position)">896<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,483<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Obligations added</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">35,899<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">29,373<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Obligations settled</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(33,593)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,960)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:369.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:369.75pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">3,202<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:40.8pt"></span></span><span style="left:48.99pt;position:var(--position)">896<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 896000 3483000 35899000 29373000 33593000 31960000 3202000 896000 <span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre">Allowances for doubtful accounts, sales discounts, and chargebacks against gross trade accounts receivable </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:111pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.5pt;position:var(--position);text-decoration:none;white-space:pre">recorded in the </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.94pt;position:var(--position);text-decoration:none;white-space:pre">consolidated balance sheets</span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.08pt;position:var(--position);text-decoration:none;white-space:pre"> and related to wholesale channel sales, are as follows:</span></div><div style="position:var(--position);top:133pt;width:612pt"><div style="font-size:0pt;left:49.5pt;position:var(--position);width:513pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="background-color:#9accc7;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.58pt;position:var(--position);text-decoration:none;white-space:pre">Years Ended March 31,</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#9accc7;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#9accc7;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#9accc7;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.99pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Allowance for doubtful accounts </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:160.24pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(13,534)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,109)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(10,576)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Additions</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(6,532)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:34.7pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(4,869)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:43.03pt"></span></span><span style="left:45.660000000000004pt;position:var(--position)">(658)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Deductions</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">146<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:46.36pt"></span></span><span style="left:48.99pt;position:var(--position)">444<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:38.03pt"></span></span><span style="left:40.660000000000004pt;position:var(--position)">2,125<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(19,920)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(13,534)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:85.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(9,109)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:100.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Allowance for sales discounts </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:148.63pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(2)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,366)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(3,840)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:115.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(5,656)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Additions</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(22,394)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(19,028)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:130.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(17,060)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:145.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Deductions</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">22,114<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">21,502<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:145.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">18,876<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,646)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(1,366)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:160.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:37.330000000000005pt;position:var(--position)">(3,840)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Allowance for chargebacks </span><span style="font-family:'Arial', sans-serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:134.78pt;position:var(--position);top:-2.548pt;vertical-align:super;white-space:pre">(3)</span></div></div></div></td><td style="background-color:#edece6;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(17,983)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(14,382)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:190.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(16,272)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Additions</span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(30,039)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(31,701)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:205.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:29.14pt"></span></span><span style="left:31.77pt;position:var(--position)">(28,845)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:220.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Deductions</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">31,390<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">28,100<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:220.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:7.28pt;width:32.47pt"></span></span><span style="left:35.1pt;position:var(--position)">30,735<span style="display:inline-block;height:7.28pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:235.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.38pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#edece6;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(16,632)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(17,983)</span></span></div></div></div></td><td style="background-color:#edece6;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#edece6;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:235.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(14,382)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:250.5pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:296.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:296.25pt;position:var(--position);top:250.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(38,198)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:250.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(32,883)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:250.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:7.28pt;width:23.58pt"></span></span><span style="left:31.77pt;position:var(--position)">(27,331)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:408.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(1)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:3.26pt"> </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.09pt;position:var(--position);text-decoration:none;white-space:pre;width:437.03pt">The additions to the allowance for doubtful accounts primarily represent estimates of bad debt expense or </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:495.12pt;position:var(--position);text-decoration:none;white-space:pre;width:34.48pt">recovery</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:529.6pt;position:var(--position);text-decoration:none;white-space:pre;width:32.9pt"> derived</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:419.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.89pt">from the Company’s evaluation of accounts receivable collectability. Deductions are for the actual collections of doubtful</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.5pt">accounts.</span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:445.9pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-2.293pt;vertical-align:super;white-space:pre;width:7.13pt">(2)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;white-space:pre;width:507.55pt"> The additions to the allowance for sales discounts primarily represent estimates of discounts to be taken by the Company’s</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:456.7pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:242.62pt">customers based on the amount of outstanding discounts for</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:301.12pt;position:var(--position);text-decoration:none;white-space:pre;width:182.16pt"> meeting shipment or prompt payments terms</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:483.28pt;position:var(--position);text-decoration:none;white-space:pre;width:79.09pt">. Deductions are for</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:467.5pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:410.21pt">the actual discounts taken by the Company’s customers against outstanding trade accounts receivable.</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:468.71pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:486.058pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:5.8500000000000005pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;top:-5.03pt;vertical-align:super;white-space:pre;width:7.13pt">(3)</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:54.830000000000005pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:3.84pt"> </span><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.67pt;position:var(--position);text-decoration:none;top:-2.758pt;white-space:pre;width:11.66pt">Th</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:70.33pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:258.25pt">e additions to the allowance for chargebacks are primarily for </span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:328.58pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:233.9pt">price adjustments, short shipments, and other immaterial</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.48pt;position:var(--position);text-decoration:none;top:-2.482pt;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.3pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.18pt">chargeback activity</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:135.68pt;position:var(--position);text-decoration:none;white-space:pre;width:426.74pt"> taken in the respective year, as well as an estimate of amounts that will be taken in the future related to</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.1pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:503.9pt">sales in the current reporting period. Deductions are for the actual amounts written off against outstanding trade accounts</span><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:562.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:516.9pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.47pt">receivable.</span></div> 13534000 9109000 10576000 6532000 4869000 658000 146000 444000 2125000 19920000 13534000 9109000 1366000 3840000 5656000 22394000 19028000 17060000 22114000 21502000 18876000 1646000 1366000 3840000 17983000 14382000 16272000 30039000 31701000 28845000 31390000 28100000 30735000 16632000 17983000 14382000 38198000 32883000 27331000