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Business Segment Information
 12 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Business Segment Information BUSINESS SEGMENT INFORMATION
ADS operates its business in three distinct reportable segments: “Pipe”, “International” and “Infiltrator.” “Allied Products & Other” represents the Company’s Allied Products and all other segments. The Chief Operating Decision Maker (“CODM”) reviews financial information and makes operational decisions based on Net Sales and Segment Adjusted Gross Profit. The Company calculates Segment Adjusted Gross Profit as net sales less costs of goods sold, depreciation and amortization, stock-based compensation and certain other expenses. A measure of assets is not applicable, as segment assets are not regularly reviewed by the CODM for evaluating performance or allocating resources.
Pipe – The Pipe segment manufactures and markets high performance thermoplastic corrugated pipe throughout the United States. The Company maintains and serves these markets through product distribution relationships with many of the largest national and independent waterworks distributors, buying groups and co-ops, major national retailers as well as an extensive network of hundreds of small to medium-sized distributors. Products include single wall pipe, N-12 HDPE pipe sold into the storm sewer, infrastructure and agriculture markets, high performance polypropylene pipe sold into the Storm sewer, Infrastructure and sanitary sewer markets. Products are designed primarily for stormwater management in the construction and infrastructure marketplace across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure.
Infiltrator – Infiltrator is a leading national provider of plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. Infiltrator products are used in onsite septic wastewater treatment systems in the United States and Canada.
International – The International segment manufactures and markets pipe and allied products in certain regions outside of the United States, including Company owned facilities in Canada, subsidiaries that distribute to Europe and the Middle East, exports and through the Company’s joint ventures with local partners in Mexico and South America. The Company’s Mexican joint venture, ADS Mexicana, primarily serves the Mexican and Central American markets, while its South American Joint Venture, Tigre-ADS, is the primary channel to serve the South American markets.
The Company’s International product lines include single wall pipe, N-12 HDPE pipe, high performance PP pipe and certain geographies also purchase the Company’s broad line of Allied Products & Other for sales internationally.
Allied Products & Other – Allied Products & Other manufactures and markets products complementary to Pipe products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, Cultec, water quality filters and structures, Fittings, and FleXstorm. The Company aggregates operating segments within the Allied Products & Other segment disclosure. None of the operating segments within the Allied Products & Other businesses segment disclosure exceeds the quantitative thresholds for separate segment reporting.
The following tables set forth reportable segment information with respect to the amount of Net sales for the fiscal years ended March 31:
 2023
(Amounts in thousands)Net Sales Intersegment Net Sales Net Sales from External Customers
Pipe$1,758,961 $(41,772)$1,717,189 
Infiltrator523,643 (81,363)442,280 
International
International - Pipe179,898 (19,215)160,683 
International - Allied Products & Other59,170 — 59,170 
Total International239,068 (19,215)219,853 
Allied Products & Other700,319 (8,520)691,799 
Intersegment Eliminations(150,870)150,870 — 
Total Consolidated$3,071,121 $— $3,071,121 
 2022
(Amounts in thousands)Net Sales Intersegment Net Sales Net Sales from External Customers
Pipe$1,555,248 $(15,814)$1,539,434 
Infiltrator551,906 (91,406)460,500 
International
International - Pipe171,525 (19,430)152,095 
International - Allied Products & Other53,217 — 53,217 
Total International224,742 (19,430)205,312 
Allied Products & Other569,352 (5,283)564,069 
Intersegment Eliminations(131,933)131,933 — 
Total Consolidated$2,769,315 $— $2,769,315 
 2021
(Amounts in thousands)Net Sales Intersegment Net Sales Net Sales from External Customers
Pipe$1,059,200 $(6,280)$1,052,920 
Infiltrator397,813 (68,669)329,144 
International
International - Pipe121,468 (6,589)114,879 
International - Allied Products & Other43,390 — 43,390 
Total International164,858 (6,589)158,269 
Allied Products & Other442,447 — 442,447 
Intersegment Eliminations(81,538)81,538 — 
Total Consolidated$1,982,780 $— $1,982,780 
The following sets forth certain financial information for the fiscal years ended March 31:
(Amounts in thousands)202320222021
Segment adjusted gross profit     
Pipe$532,551 $353,182 $322,846 
Infiltrator233,580231,825191,163
International61,68158,82249,921
Allied Products & Other376,299284,091225,052
Intersegment Eliminations924(28)(503)
Total$1,205,035 $927,892 $788,479 
Depreciation and amortization
Pipe$53,263 $49,601 $46,078 
Infiltrator20,18714,02112,468
International5,2605,4645,430
Allied Products & Other(a)
66,43972,72281,610
Total$145,149 $141,808 $145,586 
Capital expenditures
Pipe$100,939 $64,660 $17,135 
Infiltrator42,16672,43554,024
International5,8543,3011,627
Allied Products & Other(a)
17,9548,6875,971
Total$166,913 $149,083 $78,757 
(a)    Includes depreciation and amortization and capital expenditures not allocated to a reportable segment.
Reconciliation of Gross Profit to Segment Adjusted Gross Profit
(Amounts in thousands)202320222021
Reconciliation of Segment Adjusted Gross Profit:     
Total Gross Profit$1,118,408 $800,384 $690,082 
Depreciation and amortization84,04871,70566,408
ESOP and stock-based compensation expense2,57936,62231,792
ESOP acceleration compensation—19,181—
COVID-19 related expenses (a)
——197
Total Segment Adjusted Gross Profit$1,205,035 $927,892 $788,479 
(a)    Represents the Company’s pandemic pay expense related to the COVID-19 pandemic.
Geographic Sales and Assets Information
Net sales are attributed to the geographic location based on the location of the customer. The table below represents the Net sales and long-lived asset information by geographic location for each of the fiscal years ended March 31:
(Amounts in thousands)202320222021
Net Sales     
North America$3,045,413 $2,746,521 $1,966,947 
Other25,70822,79415,833
Total$3,071,121 $2,769,315 $1,982,780 
(Amounts in thousands)20232022
Long-Lived Assets (a)
   
North America$742,755 $628,985 
Other17,85812,463
Total$760,613 $641,448 
(a)    For segment reporting purposes, long-lived assets include Investments in unconsolidated affiliates, Central parts and Property, plant and equipment.