XML 33 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Accrued Expenses
12 Months Ended
Mar. 31, 2022
Payables and Accruals [Abstract]  
Accrued Expenses

Note 12. Accrued Expenses

Accrued expenses consisted of the following:

 

 

 

March 31, 2022

 

 

March 31, 2021

 

 

 

(in thousands)

 

Employee compensation

 

$

50,649

 

 

$

40,954

 

Research and development

 

 

7,337

 

 

 

6,983

 

Marketing

 

 

2,289

 

 

 

3,674

 

Warranty

 

 

1,935

 

 

 

2,053

 

Sales and income taxes

 

 

1,931

 

 

 

5,914

 

Professional, legal and accounting fees

 

 

1,479

 

 

 

1,957

 

Other

 

 

7,009

 

 

 

4,511

 

 

 

$

72,629

 

 

$

66,046

 

 

Employee compensation consists primarily of accrued bonuses, accrued commissions and accrued employee benefits. Other includes returns reserve, allowance for rebates and discounts and other miscellaneous accrued expenses.