XML 40 R28.htm IDEA: XBRL DOCUMENT v3.25.0.1
LEASES (Tables)
 9 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost and Supplemental Cash Flow and Lease Information
The components of lease expense were as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
2024202320242023
Operating lease expense$2,869 $2,948 $8,907 $8,057 
Variable lease expense$960 $808 $3,008 $2,947 
The supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
2024202320242023
Cash outflows from operating leases$3,639 $3,670 $11,034 $10,949 
Right-of-use assets obtained in exchange for operating lease obligations$— $— $1,954 $2,311 
The following table presents supplemental lease information:
December 31, 2024March 31, 2024
Weighted average remaining lease term5.5 years6.2 years
Weighted average discount rate4.5%4.3%
Schedule of Maturity of Lease Liabilities
The following table presents maturity of lease liabilities under the Company's non-cancellable operating leases as of December 31, 2024 (in thousands):
Remainder of fiscal year 2025$3,542 
202613,567 
202712,088 
202810,667 
202910,471 
Thereafter18,428 
Total lease payments68,763 
Less: imputed interest(7,535)
Present value of lease liabilities$61,228