Commitments and Contingencies (Tables)

12 Months Ended

Mar. 31, 2021

Commitments and Contingencies [Abstract]

Changes in Warranty Return Accrual

The following summarizes the changes in the warranty return accrual:

	Years Ended March 31,
	2021			2020			2019
Balance at beginning of year	$	18,300,000		$	19,475,000		$	16,646,000
Acquisition (1)		-			-			221,000
Charged to expense		111,025,000			112,590,000			111,321,000
Amounts processed		(108,232,000	)		(113,765,000	)		(108,713,000	)
Balance at end of year	$	21,093,000		$	18,300,000		$	19,475,000

(1) Warranty reserve established in the opening balance sheet in connection with the Company's Dixie acquisition.

Breakout of Allowances

The following summarizes the breakout of allowances discussed above, recorded as a reduction to revenues:

	Years Ended March 31,
	2021		2020		2019
Allowances incurred under long-term customer contracts	$	29,238,000	$	26,733,000	$	29,612,000
Allowances related to a single exchange of product		99,768,000		97,408,000		92,588,000
Amortization of core premiums paid to customers		6,590,000		4,501,000		4,127,000
Total customer allowances recorded as a reduction of revenues	$	135,596,000	$	128,642,000	$	126,327,000

Commitments to Incur Allowances, Excluding Allowances Related to Single Exchange of Product

The following presents the Company’s commitments to incur allowances, excluding allowances related to a single exchange of product, which will be recognized as a reduction to revenue when the related revenue is recognized:

Year Ending March 31,
2022	$	23,612,000
2023		9,503,000
2024		6,039,000
2025		5,009,000
2026		4,647,000
Thereafter		12,953,000
Total marketing allowances	$	61,763,000