Leases (Tables)

9 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Condensed Consolidated Balance Sheet

The following table presents information about leases on the condensed consolidated balance sheet (in thousands):

	December 31, 2019
Assets
Lease right-of-use-assets	$	59,838
Liabilities
Lease liabilities	$	8,789
Lease liabilities, non-current	59,849
Total operating lease liabilities	$	68,638

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 December 31, 2019		Nine Months Ended December 31, 2019
Operating lease expense	$	3,270	$	10,940
Short-term lease expense	272		804
Variable lease expense	614		2,004

Rent expense for operating leases was $3.8 million and $11.4 million for the three and nine months ended December 31, 2018, respectively.

The following table presents supplemental cash flow information about the Company’s leases (in thousands):

	Nine Months Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities	$	8,277
Operating lease assets obtained in exchange for new lease liabilities	1,586

Summary of Operating Lease Maturity Under Topic 842

As of December 31, 2019, remaining maturities of lease liabilities were as follows (in thousands):

Fiscal Years Ending March 31,	Operating Leases
2020 (remaining three months)	$	3,162
2021	12,816
2022	11,937
2023	12,303
2024	11,400
2025	9,785
Thereafter	24,740
Total operating lease payments	$	86,143
Less imputed interest	(17,505)
Total operating lease liabilities	$	68,638

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
2021	16,155
2022	15,620
2023	16,105
2024	13,484
Thereafter	32,849
Total minimum future lease payments	$	110,587