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LEASES (Tables)
3 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Components of Operating Lease Cost and Supplemental Cash Flow Information
The components of operating lease cost for the three months ended June 30, 2024 and 2023, respectively, were as follows (in thousands):
Three Months Ended
June 30,
20242023
Lease cost under long-term operating leases$2,961 $3,039 
Lease cost under short-term operating leases326 404 
Variable lease cost under short-term and long-term operating leases1,316 1,015 
      Total operating lease cost$4,603 $4,458 

The table below presents supplemental cash flow information related to leases during the three months ended June 30, 2024 and 2023 (in thousands):
Three Months Ended
June 30,
20242023
Right-of-use assets obtained in exchange for new operating lease liabilities$50 $554 

At June 30, 2024 and March 31, 2024, the weighted average remaining lease term in years and weighted average discount rate were as follows:
June 30, 2024March 31, 2024
Weighted average remaining lease term in years - operating leases5.165.32
Weighted average discount rate - operating leases4.2 %4.2 %
Schedule of Future Minimum Payments Under Non-Cancellable Leases
Future minimum payments under non-cancellable leases at June 30, 2024 are as follows (in thousands):
Year ending March 31:
2025 (remaining nine months)$9,338 
202611,455 
20278,396 
20287,277 
20296,463 
Thereafter9,300 
     Total lease payments$52,229 
     Less imputed interest(5,139)
     Present value of lease liabilities$47,090