Accrued Liabilities (Tables)

12 Months Ended

Mar. 31, 2022

Accrued Liabilities [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

	As of March 31,				As of December 31,
	2022		2021		2020
Payroll and related liabilities	$	10,405	$	6,616	$	9,702
Deferred revenue	6,285		5,551		6,401
Reserves(1)	4,433		2,624		2,784
Legal settlement(2)	4,250		—		—
Other	4,013		4,836		3,954
Total accrued liabilities	$	29,386	$	19,627	$	22,841

(1) Reserves primarily consists of inventory, sales return, sales tax and product liability reserves.

(2) Legal settlement is a loss contingency accrual related to a legal settlement involving a class action lawsuit related to advertisement of our treadmills. For further information, see Note 23, Commitments and Contingencies.