XML 30 R19.htm IDEA: XBRL DOCUMENT v3.24.3

Note 13 - Accounts Payable and Accrued Expenses

6 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

13. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses at  September 30, 2024 and  March 31, 2024 consisted of the following (in thousands):

		September 30, 2024				March 31, 2024
Accounts payable		$	3,831			$	4,476
Accrued inventories in-transit			2,587				539
Accrued other miscellaneous expenses			3,983				2,366
Accrued contract loss			97				97
Advanced deposits			1,540				2,270
Accrued compensation			8,293				10,326
Income taxes payable			220				346
Accrued product warranty			3,110				2,363
Accrued commissions			1,497				1,452
Total		$	25,158			$	24,235

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 September 30,								Six Months Ended September 30,
		2024				2023				2024				2023
Balance at beginning of period		$	2,542			$	1,926			$	2,363			$	2,638
Acquired warranty obligations			637				—				637				—
Provisions for warranties during the period			298				644				774				852
Settlements during the period			(367	)			(678	)			(664	)			(1,598	)
Balance at end of period		$	3,110			$	1,892			$	3,110			$	1,892

X

- Definition

The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(20))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(24))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 720
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483384/720-30-45-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration