Revenue

6 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

Disaggregation of Revenue

We disaggregate our revenue from contracts with customers by geographic location, as well as revenues recognized at point in time and revenues recognized over time, as we believe these best depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.

Revenue recognized at a point-in-time based on when control transfers to the customer is generally related to our product sales. Point-in-time revenue does not typically require engineering or installation services. Revenue recognized over time occurs on our projects where engineering or installation services, or a combination of the two, are required. We recognize revenue related to such projects in a systematic way that reflects the transfer of goods or services, or a combination of goods and services, to the customer.

Disaggregation of revenues from contracts with customers for the three and six months ended September 30, 2023 and 2022 is as follows:

	Three Months Ended September 30, 2023						Three Months Ended September 30, 2022
	Revenues recognized at point in time		Revenues recognized over time		Total		Revenues recognized at point in time		Revenues recognized over time		Total
United States and Latin America	$	31,744	$	32,053	$	63,797	$	24,749	$	22,685	$	47,434
Canada	25,625		10,524		36,149		25,656		9,127		34,783
Europe, Middle East and Africa	7,819		5,588		13,407		5,261		4,282		9,543
Asia-Pacific	7,447		2,859		10,306		6,665		2,132		8,797
Total revenues	$	72,635	$	51,024	$	123,659	$	62,331	$	38,226	$	100,557

	Six months ended September 30, 2023						Six months ended September 30, 2022
	Revenues recognized at point in time		Revenues recognized over time		Total		Revenues recognized at point in time		Revenues recognized over time		Total
United States and Latin America	$	61,635	$	55,659	$	117,294	$	47,865	$	45,162	$	93,027
Canada	50,147		21,325		71,472		50,787		16,191		66,978
Europe, Middle East and Africa	13,212		9,876		23,088		11,168		8,411		19,579
Asia-Pacific	12,786		5,908		18,694		11,297		5,118		16,415
Total revenues	$	137,780	$	92,768	$	230,548	$	121,117	$	74,882	$	195,999

Performance Obligations

    At September 30, 2023, revenues to be recorded associated with our open performance obligations totaled $166,869. Within this amount, approximately $13,988 will be earned as revenue in excess of one year. We expect to recognize the remaining revenues associated with unsatisfied or partially satisfied performance obligations within 12 months.

Contract Assets and Liabilities

    As of September 30, 2023 and March 31, 2023, contract assets were $27,259 and $16,272, respectively. As of September 30, 2023 and March 31, 2023, contract liabilities were $7,261 and $8,483, respectively. We typically recognize revenue associated with our contract liabilities within 12 months.