Segment and Enterprise-wide Information (Tables)

3 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Summary Information by Reportable Segments

Following is summary information by reportable segment (in thousands):

	Three-Months Ended June 30,
	2022		2021
Net sales:
Direct	$	26,476	$	63,396
Retail	27,444		120,484
Royalty	897		713
Consolidated net sales	$	54,817	$	184,593
Contribution:
Direct	$	(9,893)	$	6,759
Retail	(5,408)		22,090
Royalty	897		713
Consolidated contribution	$	(14,404)	$	29,562
Reconciliation of consolidated contribution to (loss) income from continuing operations:
Consolidated contribution	$	(14,404)	$	29,562
Amounts not directly related to segments:
Operating expenses(1)	(36,781)		(11,695)
Other expense, net	(889)		(413)
Income tax expense	(8,096)		(3,438)
(Loss) income from continuing operations	$	(60,170)	$	14,016
(1) Included in unallocated Operating expenses is $25.4 million of Goodwill and intangible impairment charge related to the Direct segment and $1.6 million of intangible impairment charge related to the Retail segment that is not included in the contribution performance measured by the chief operating decision maker.

	As of
	June 30, 2022		March 31, 2022
Assets:
Direct	$	61,067	$	93,554
Retail	108,264		144,683
Unallocated corporate	59,807		75,808
Total assets	$	229,138	$	314,045

Schedules of Concentration of Risk, by Risk Factor

The following customers accounted for 10% or more of total net sales as follows:

	Three-Months Ended June 30,
	2022	2021
Amazon.com	29.4%	17.9%
Best Buy	*	17.1%
*Less than 10% of total net sales.