Activity during the six months ended September 30, 2022, related to estimated sales returns were as follows:


	Recovery Asset		Refund Liability
Balance, March 31, 2022	$	11,491	$	(39,867)
Net additions to sales return liability*	26,444		(84,336)
Actual returns	(24,378)		82,497
Balance, September 30, 2022	$	13,557	$	(41,706)

Activity during the six months ended September 30, 2021, related to estimated sales returns were as follows:


	Recovery Asset		Refund Liability
Balance, March 31, 2021	$	10,704	$	(37,717)
Net additions to sales return liability*	11,861		(46,731)
Actual returns	(14,348)		58,532
Balance, September 30, 2021	$	8,217	$	(25,916)

*Net additions to the sales return liability include a provision for anticipated sales returns, which consists of both contractual return rights and discretionary authorized returns.

Activity during the six months ended September 30, 2022, related to loyalty programs were as follows:


	Amounts
Balance, March 31, 2022	$	(10,883)
Redemptions and expirations for loyalty certificates and points recognized in net sales	9,585
Deferred revenue for loyalty points and certificates issued	(10,106)
Balance, September 30, 2022	$	(11,404)

Activity during the six months ended September 30, 2021, related to loyalty programs were as follows:


	Amounts
Balance, March 31, 2021	$	(12,231)
Redemptions and expirations for loyalty certificates and points recognized in net sales	11,752
Deferred revenue for loyalty points and certificates issued	(10,901)
Balance, September 30, 2021	$	(11,380)


	Amounts
Balance, March 31, 2022	$	(15,804)
Additions of customer cash payments	(31,503)
Revenue recognized	28,589
Balance, September 30, 2022	$	(18,718)

Activity during the six months ended September 30, 2021, related to deferred revenue were as follows:


	Amounts
Balance, March 31, 2021	$	(5,425)
Additions of customer cash payments	(32,007)
Revenue recognized	16,098
Balance, September 30, 2021	$	(21,334)