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Contract Assets | 3 Months Ended
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Jun. 30, 2024
Contract Assets [Abstract] |
Contract Assets | 5. Contract Assets During the three months ended June 30, 2024 and 2023, the Company reduced the carrying value of Remanufactured Cores held at customers’ locations by $394,000 and $778,000, respectively. Contract assets are comprised of the following:
|  | June 30, 2024 |  |  | March 31, 2024 |
Short-term contract assets |  |  |  |  |  |
Cores expected to be returned by customers |  | $ | 15,715,000 |  |  | $ | 15,409,000 |
Core premiums paid to customers |  |  | 9,502,000 |  |  |  | 9,567,000 |
Upfront payments to customers |  |  | 1,352,000 |  |  |  | 1,407,000 |
Finished goods premiums paid to customers |  |  | 748,000 |  |  |  | 756,000 |
Total short-term contract assets |  | $ | 27,317,000 |  |  | $ | 27,139,000 |
Remanufactured cores held at customers’ locations |  | $ | 277,247,000 |  |  | $ | 279,427,000 |
Core premiums paid to customers |  |  | 27,914,000 |  |  |  | 30,227,000 |
Long-term core inventory deposits |  |  | 5,569,000 |  |  |  | 5,569,000 |
Upfront payments to customers |  |  | 2,405,000 |  |  |  | 2,718,000 |
Finished goods premiums paid to customers |  |  | 2,328,000 |  |  |  | 2,341,000 |
Total long-term contract assets |  | $ | 315,463,000 |  |  | $ | 320,282,000 |

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