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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedules of Concentration of Risk
The Company had the following customers that individually comprised 10% or more of its gross sales:
 
 
Years Ended March 31,
 
 
2019
 
2018
 
2017
Customer A
 
13
%
 
15
%
 
15
%
Customer B
 
14
%
 
13
%
 
12
%
The Company had the following customers that individually comprised 10% or more of accounts receivable:
 
 
March 31,
 
 
2019
 
2018
Customer A
 
14
%
 
15
%
Customer B
 
15
%
 
12
%
Customer C
 
*

 
11
%
* Less than 10% 
Impact of New Accounting Pronouncement Adoption
The following tables summarize the impacts of adopting Topic 606 on the Company’s consolidated statements of operations for the year ended March 31, 2019, and consolidated balance sheet as of March 31, 2019 (in thousands):
 
 
Year Ended March 31, 2019
 
 
As Reported Under Topic 606
 
If Reported Under Topic 605
 
Effect of Change
Net sales
 
$
2,788,322

 
$
2,784,636

 
$
3,686


 
 
As of March 31, 2019
 
 
As Reported Under Topic 606
 
Balance Under Topic 605
 
Effect of Change
Accounts receivable, net
 
$
383,309

 
$
260,401

 
$
122,908

Other current assets
 
69,116

 
60,449

 
8,667

Accrued and other current liabilities
 
433,897

 
295,126

 
138,771

Retained earnings
 
1,365,036

 
1,372,232

 
(7,196
)

The cumulative effect of the changes to the consolidated balance sheet from the adoption of Topic 606 was as follows (in thousands):
 
 
As of
 March 31, 2018
 
Effect of Adoption of Topic 606
 
As of
April 1, 2018
Accounts receivable, net
 
$
214,885

 
$
105,768

 
$
320,653

Other current assets
 
56,362

 
6,195

 
62,557

Accrued and other current liabilities
 
281,732

 
122,845

 
404,577

Retained earnings
 
1,232,316

 
(10,882
)
 
1,221,434