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Revenue Recognition (Tables)
9 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Deferred Revenue Rollforward As shown in the following table, under the PetPlus program, the Company recognized $1.8 million and $5.3 million of previously deferred annual membership fees in the three and nine months ended December 31, 2023, respectively, and had $3.1 million of deferred revenue as of the quarter ended December 31, 2023 (amounts in millions).
2023
Deferred revenue, March 31,
$– 
Deferred revenue acquired with PetCareRx3.0 
Deferred memberships fees received2.0 
Deferred membership fee revenue recognized (1.8)
Deferred revenue, June 30,
3.2 
Deferred memberships fees received2.1 
Deferred membership fee revenue recognized(1.7)
Deferred revenue, September 30,
3.6 
Deferred memberships fees received1.3 
Deferred membership fee revenue recognized(1.8)
Deferred revenue, December 31,$3.1 
Summary of Disaggregation of Revenue The following table illustrates sales in those categories:
Three Months Ended December 31,Increase (Decrease)
Revenue (in thousands)
2023%2022%
$
%
Reorder sales$57,682 88.3 %$53,316 90.6 %$4,366 8.2 %
New order sales5,189 7.9 %5,554 9.4 %(365)-6.6 %
Membership fees2,446 3.7 %– – %2,446 – %
Total net sales$65,317 100.0 %$58,870 100.0 %$6,447 11.0 %
Nine Months Ended December 31,Increase (Decrease)
Revenue (in thousands)
2023%2022%
$
%
(as restated)
Reorder sales$188,123 87.7 %$176,131 90.7 %$11,992 6.8 %
New order sales19,181 8.9 %18,041 9.3 %1,140 6.3 %
Membership fees7,256 3.4 %– – %7,256 – %
Total net sales$214,560 100.0 %$194,172 100.0 %$20,388 10.5 %