REVENUE RECOGNITION (Tables)

12 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Activity Related to Estimated Sales Returns and Loyalty Program Activity

The following table summarizes changes in the estimated sales returns for the periods presented:

	Recovery Asset		Refund Liability
Balance, March 31, 2022	$	11,491	$	(39,867)
Net additions to sales return liability (1)	67,249		(229,864)
Actual returns	(63,055)		224,409
Balance, March 31, 2023	15,685		(45,322)
Net additions to sales return liability (1)	60,789		(276,086)
Actual returns	(62,608)		266,081
Balance, March 31, 2024	$	13,866	$	(55,327)

(1) 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 related to loyalty programs was as follows:

	Years Ended March 31,
	2024		2023
Beginning balance	$	(13,144)	$	(10,883)
Redemptions and expirations for loyalty certificates and points recognized in net sales	52,884		49,123
Deferred revenue for loyalty points and certificates issued	(57,326)		(51,384)
Ending balance	$	(17,586)	$	(13,144)

Activity related to deferred revenue was as follows:

	Years Ended March 31,
	2024		2023
Beginning balance	$	(13,448)	$	(15,804)
Additions of customer cash payments	(61,844)		(53,797)
Revenue recognized	65,701		56,153
Ending balance	$	(9,591)	$	(13,448)