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Significant Customer and Other Information (Tables)
3 Months Ended
Jun. 30, 2023
Significant Customer and Other Information [Abstract]  
Concentrations of Risk
Significant Customer Concentrations

The largest customers accounted for the following percentage of consolidated net sales:

   
Three Months Ended
 
 
 
June 30,
 
 
 
2023
   
2022
 
Net sales
           
Customer A
   
34
%
   
37
%
Customer C
   
28
%
   
20
%
Customer B
   
20
%
   
25
%
Customer D
    5 %     4 %

Revenues for Customers A through C were derived from the Hard Parts segment and Test Solutions and Diagnostic Equipment segment. Revenues for Customer D were derived from the Hard Parts segment. See Note 17 for a discussion of the Company’s segments.

The largest customers accounted for the following percentage of accounts receivable – trade:

 
 
June 30, 2023
   
March 31, 2023
 
Accounts receivable - trade
           
Customer A
   
34
%
   
33
%
Customer C
   
30
%
   
21
%
Customer B
   
15
%
   
18
%
Customer D     8 %     12 %

Geographic and Product Information

The Company’s products are sold predominantly in North America and accounted for the following percentages of net sales:

   
Three Months Ended
 
 
 
June 30,
 
 
 
2023
   
2022
 
Product line
           
Rotating electrical products
   
64
%
   
67
%
Brake-related products
   
22
%
   
17
%
Wheel hub products
   
11
%
   
12
%
Other products
   
3
%
   
4
%
 
   
100
%
   
100
%