Inventories

6 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in thousands):

	September 30, 2020		March 31, 2020
Ground equipment manufacturing:
Raw materials	$	5,628	$	4,192
Work in process	3,933		2,731
Finished goods	3,007		1,725
Corporate and Other:
Raw materials	565		464
Finished goods	891		910
Commercial jet engines and parts	57,811		51,084
Total inventories	$	71,835	$	61,106
Reserves	(870)		(483)
Total inventories, net of reserves	$	70,965	$	60,623

A write-down of $0.5 million was recorded on the inventories of the commercial jet engines and parts segment during the three months ended September 30, 2020 due to a management decision to monetize two engines by sale to a third party, in which the net carrying values exceeded the estimated proceeds. As of September 30, 2020, included within total inventories was $9.5 million in remaining carrying values of these two engines which matches the estimated proceeds on sale.