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Leases (Tables)
6 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of Condensed Consolidated Balance Sheet
The following table presents information about leases on the condensed consolidated balance sheet (in thousands):
September 30, 2019
Assets
Lease right-of-use-assets$61,766  
Liabilities
Lease liabilities$7,780  
Lease liabilities, non-current61,513  
Total operating lease liabilities$69,293  
Schedule of Condensed Consolidated Statement of Operations and Supplemental Cash Flow Information
The following table presents information about leases on its condensed consolidated statement of operations (in thousands):
Three Months Ended September 30, 2019Six Months Ended September 30, 2019
Operating lease expense$3,674  $7,670  
Short-term lease expense311  532  
Variable lease expense 645  1,390  
Rent expense for operating leases was $3.8 million and $7.6 million for the three and six months ended September 30, 2018, respectively.
The following table presents supplemental cash flow information about the Company’s leases (in thousands):
Six Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities$6,212  
Operating lease assets obtained in exchange for new lease liabilities1,586  
Summary of Operating Lease Maturity Under Topic 842
As of September 30, 2019, remaining maturities of lease liabilities were as follows (in thousands):
Fiscal Years Ending March 31,Operating Leases
2020 (remaining six months)$5,453  
202112,701  
202211,846  
202312,207  
202411,300  
20259,710  
Thereafter24,562  
Total operating lease payments$87,779  
Less imputed interest(18,486) 
Total operating lease liabilities$69,293  
Summary of Future Minimum Lease Payments Under Topic 840
As previously disclosed in the Company’s Annual Report on Form 10-K for the year ended March 31, 2019, and under previous lease accounting standard ASC 840, the aggregate future non-cancelable minimum rental payments on its operating leases, as of March 31, 2019, were as follows (in thousands):
Fiscal Years Ending March 31,Operating Leases
2020$16,374  
202116,155  
202215,620  
202316,105  
202413,484  
Thereafter32,849  
Total minimum future lease payments$110,587