Accounts Receivable - Net

12 Months Ended

Mar. 31, 2021

Accounts Receivable - Net [Abstract]

Accounts Receivable - Net

4. Accounts Receivable — Net

The Company has trade accounts receivable that result from the sale of goods and services. Accounts receivable — net includes offset accounts related to customer payment discrepancies, returned goods authorizations (“RGAs”) issued for in-transit unit returns, and allowances for credit losses.

Accounts receivable — net is comprised of the following:

	March 31, 2021			March 31, 2020
Accounts receivable — trade	$	81,549,000		$	109,164,000
Allowance for credit losses		(348,000	)		(4,252,000	)
Customer payment discrepancies		(752,000	)		(1,040,000	)
Customer returns RGA issued		(17,327,000	)		(12,124,000	)
Less: total accounts receivable offset accounts		(18,427,000	)		(17,416,000	)
Total accounts receivable — net	$	63,122,000		$	91,748,000

The following table provides a roll-forward of the allowance for credit losses that is deducted from accounts receivable to present the net amount expected to be collected. During the year ended March 31, 2021, the Company wrote off amounts previously fully reserved for in connection the bankruptcy filing of one of its customers.

	Year Ended March 31, 2021
Balance at beginning of period	$	4,252,000
Provision for expected credit losses		99,000
Recoveries		(100,000	)
Amounts written off charged against the allowance		(3,903,000	)
Balance at end of period	$	348,000