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Note 11 - Accounts Payable and Accrued Expenses
 9 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
11.
Accounts Payable and Accrued Expenses
 
Accounts payable and accrued expenses at 
December 31, 2020
and 
March 31, 2020
consisted of the following (in thousands):
 
   
December 31, 2020
    
March 31, 2020
  
Accounts payable   $
3,664
     $
10,045
  
Accrued inventories in-transit    
1,131
      
763
  
Accrued other miscellaneous expenses    
2,397
      
1,986
  
Advanced deposits    
1,417
      
666
  
Accrued compensation    
5,751
      
5,683
  
Income taxes payable    
635
      
933
  
Accrued product warranty    
2,020
      
2,015
  
Total
   $
17,015
     $
22,091
  
 
The Company generally provides a
one
to
three
year warranty on its products, commencing upon delivery or installation where applicable. A provision is recorded upon revenue recognition to cost of revenues for estimated warranty expense based on historical experience.
 
Product warranty activity was as follows (in thousands):
 
   
Three Months Ended December 31,
    
Nine Months Ended December 31,
  
   
2020
    
2019
    
2020
    
2019
  
Balance at beginning of period   $
2,109
     $
1,641
     $
2,015
     $
1,545
  
Acquired warranty obligations    
147
      
—
      
147
      
—
  
Change in accruals for warranties during the period    
124
      
93
      
507
      
247
  
Settlements during the period    
(360
 )    
(28
 )    
(649
 )    
(86
 )
Balance at end of period
   $
2,020
     $
1,706
     $
2,020
     $
1,706