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Commitments and Contingencies
 9 Months Ended
Dec. 31, 2023
Commitments and Contingencies [Abstract]  
Commitments and Contingencies
16. Commitments and Contingencies

Warranty Returns

The Company allows its customers to return goods that their consumers have returned to them, whether or not the returned item is defective (“warranty returns”). The Company accrues an estimate of its exposure to warranty returns based on a historical analysis of the level of this type of return as a percentage of unit sales. Amounts charged to expense for these warranty returns are considered in arriving at the Company’s net sales.

The following summarizes the changes in the warranty returns:

 
  
Three Months Ended
December 31,
    
Nine Months Ended
December 31,
  
 
  
2023
    
2022
    
2023
    
2022
  
Balance at beginning of period
  
$
16,197,000
    
$
18,461,000
    
$
19,830,000
    
$
20,125,000
  
Charged to expense
    
34,532,000
      
31,621,000
      
102,666,000
      
96,436,000
  
Amounts processed
    
(34,599,000
)
    
(32,510,000
)
    
(106,366,000
)
    
(98,989,000
)
Balance at end of period
  
$
16,130,000
    
$
17,572,000
    
$
16,130,000
    
$
17,572,000
  

Contingencies

The Company is subject to various lawsuits and claims. In addition, government agencies and self-regulatory organizations have the ability to conduct periodic examinations of and administrative proceedings regarding the Company’s business, and its compliance with law, code, and regulations related to matters including, but not limited to, environmental, information security, taxes, levies, tariffs and such.