Annual report pursuant to Section 13 and 15(d)

Inventories

v3.23.1
Inventories
 12 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Inventories Inventories
    Inventories consisted of the following:
March 31,
2023 2022
Raw materials $ 53,845  $ 41,389 
Work in process 5,338  6,294 
Finished goods 29,511  25,802 
  88,694  73,485 
Valuation reserves(1)
(6,562) (1,835)
Inventories, net $ 82,132  $ 71,650 
     The following table summarizes the annual changes in our valuation reserve accounts:
Balance as of March 31, 2021 $ 1,774 
Additions in reserve 389 
Charged to reserve (328)
Balance as of March 31, 2022 1,835 
Additions in reserve(1)
5,535 
Charged to reserve (808)
Balance as of March 31, 2023 $ 6,562 
(1) - We increased our valuation reserve in connection with the Russia Exit by $4,325. Refer to Note 14, "Restructuring and Other Charges/(Income)" for more information.