XML 29 R14.htm IDEA: XBRL DOCUMENT v3.25.1
Contract Assets
12 Months Ended
Mar. 31, 2025
Contract Assets [Abstract]  
Contract Assets
6. Contract Assets
 
During the years ended March 31, 2025, 2024, and 2023, the Company reduced the carrying value of Remanufactured Cores held at customers’ locations by $2,805,000, $5,353,000, and $3,736,000, respectively.
 
Contract assets are comprised of the following:
 
         
      March 31, 2025       March 31, 2024  
Short-term contract assets
           
Cores expected to be returned by customers
  $17,732,000    $15,409,000 
Core premiums paid to customers
   9,669,000     9,567,000 
Upfront payments to customers
   1,400,000     1,407,000 
Finished goods premiums paid to customers
   805,000     756,000 
Total short-term contract assets
  $29,606,000    $27,139,000 
             
Long-term contract assets
           
Remanufactured cores held at customers' locations
  $301,388,000    $279,427,000 
Core premiums paid to customers
   24,714,000     30,227,000 
Long-term core inventory deposits
   5,569,000     5,569,000 
Finished goods premiums paid to customers
   2,483,000     2,341,000 
Upfront payments to customers
   2,114,000     2,718,000 
Total long-term contract assets
  $336,268,000    $320,282,000