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Summary Of Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Allowance for Doubtful Accounts
The following table summarizes the activity in Nextracker’s allowance for doubtful accounts during fiscal years 2023, 2022, and 2021:
 
         
(In thousands)
   
Balance at
beginning
of year
     
Charges/
(recoveries)
to costs and
expenses
     
Deductions/
Write-Offs
     
Balance at end
of year
  
Allowance for doubtful accounts:
            
Year ended March 31, 2021(1)
    $ 1,214      $ 2,440      $ (59)      $ 3,595  
Year ended March 31, 2022
    $ 3,595      $ (21)      $ —      $ 3,574  
Year ended March 31, 2023
    $ 3,574      $ (1,054)      $ (752)      $ 1,768  
 
  
 
(1)   Charges incurred during fiscal year 2021 are primarily for costs and expenses related to various distressed customers.
Summary of Product Warranty
The following table summarizes the activity related to the estimated accrued warranty reserve for the fiscal years ended March 31, 2023 and 2022:
 
   
    
As of March 31,
  
(In thousands)
   
2023
     
2022
  
Beginning balance
    $ 10,485      $ 17,085  
Provision (release) for warranties issued(1)
      13,099        (5,159)  
Payments
      (993)        (1,441)  
  
 
 
  
Ending balance
    $ 22,591      $ 10,485  
 
  
 
(1)   During fiscal year ended March 31, 2023, the Company identified a specific design issue with a
non-core
product, and recorded an additional $8.7 million charge to cost of sales on its consolidated statement of operations and comprehensive income, related to future remediation costs, which may include replacement parts and services.
Summary of Property, Plant and Equipment
 
     
    
Depreciable life

(In years)
     
As of March 31,
  
(In thousands)
   
2023
     
2022
  
Machinery and equipment
     
3-8
      $ 9,062      $ 8,535  
Leasehold improvements
      Up to 5        4,302        4,148  
Furniture, fixtures, computer equipment and software
     
3-7
        10,080        6,111  
Construction-in-progress
      —        1,111        2,511  
     
 
 
  
        24,555        21,305  
Accumulated depreciation
         (17,300)        (13,882)  
     
 
 
  
Property and equipment, net
       $ 7,255      $ 7,423  
 
  
Summary of Redeemable Noncontrolling Interest
   
(in thousands)
   
Fiscal year ended
March 31, 2023
  
Balance at beginning of period
    $ —  
Establishment of non-controlling interests
      265,564  
Net income attributable to redeemable
non-controlling
interests
      2,446  
Redemption value adjustment
      3,292,618  
  
 
 
  
Balance at end of period
    $ 3,560,628