DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS

Accounts receivable, net:



	December 31,			March 31,
(in thousands)	2014			2014
Accounts receivable	$	182,103		$	159,592
Provisions for returns	(7,623		)	(6,201		)
Provisions for promotions, rebates, and other	(15,934		)	(14,803		)
Provisions for doubtful accounts and sales allowances	(1,224		)	(287		)
Accounts receivable, net	$	157,322		$	138,301

Inventory, net:



	December 31,		March 31,
(in thousands)	2014		2014
Raw materials	$	26,385	$	28,071
Work in process	1,609		985
Finished goods	29,730		28,076
Inventory, net	$	57,724	$	57,132

Accrued Liabilities:



	December 31,		March 31,
(in thousands)	2014		2014
Employee compensation and benefits	$	33,844	$	32,280
Warranty obligation	8,324		7,965
Income taxes payable	—		3,092
Accrued other	23,430		23,514
Accrued liabilities	$	65,598	$	66,851

The Company's warranty obligation is included as a component of accrued liabilities on the condensed consolidated balance sheets. Changes in the warranty obligation during the nine months ended December 31, 2014 and 2013 were as follows:



	Nine Months Ended			Nine Months Ended
(in thousands)	December 31, 2014			December 31, 2013
Warranty obligation at beginning of period	$	7,965		$	13,410
Warranty provision related to products shipped	7,880			7,234
Deductions for warranty claims processed	(6,960		)	(7,272		)
Adjustments related to preexisting warranties	(561		)	(5,409		)	⁽¹	⁾
Warranty obligation at end of period	$	8,324		$	7,963

⁽¹⁾During the third quarter of fiscal 2014, the Company identified an immaterial out of period error related to its estimated warranty obligation. The Company recorded a $5.0 million correction in the quarter ended December 31, 2013 which decreased its cost of revenues by approximately $2.4 million and increased net income by approximately $2.1 million.