v3.25.4
REVENUE RECOGNITION
 9 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION Revenue Recognition
Contract Balances
The change in the Company’s contract assets and liabilities during the period primarily reflects the timing difference between the Company’s performance and the customer’s payment. The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers:
April 1, 2025Increase/(Decrease)December 31, 2025
Receivables (1)
$247,622 $(46,450)$201,172 
Unbilled work in progress, net of allowance for credit losses157,760 74,913 232,673 
Contract Assets (1)
9,704 — 9,704 
Contract Liabilities (2)
48,215 (5,109)43,106 
(1)Included within Accounts receivable, net of allowance for credit losses in the Consolidated Balance Sheets.
(2)Represents deferred income which is included within Other liabilities in the Consolidated Balance Sheets.

During the nine months ended December 31, 2025, $34,481 of revenues were recognized that were included in the deferred income balance at the beginning of the period.