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ALLOWANCE FOR CREDIT LOSSES:
9 Months Ended
Dec. 31, 2021
Credit Loss [Abstract]  
ALLOWANCE FOR CREDIT LOSSES: ALLOWANCE FOR CREDIT LOSSES:
 
Trade accounts receivable are presented net of allowances for credit losses, returns and credits based on the probability of future collections. The probability of future collections is based on specific considerations of historical loss patterns and an assessment of the continuation of such patterns based on past collection trends and known or anticipated future economic events that may impair collectability. Accounts receivable that are determined to be
uncollectible are charged against the allowance for doubtful accounts. Indicators that there is no reasonable
expectation of recovery include past due status greater than 360 days or bankruptcy of the debtor.

We are monitoring the continuing impacts from the COVID-19 pandemic on our customers and various counterparties and have considered these risks in establishing our reserve balance as of December 31, 2021.

The following table summarizes the Company's activity of allowance for credit losses, returns and credits (dollars in thousands):

Balance at beginning of periodAdditions charged to costs and expensesOther changesBad debts written off, net of amounts recoveredBalance at end of period
For the nine months ended December 31, 2021
$7,617 $3,127 $— $(1,121)$9,623