XML 30 R18.htm IDEA: XBRL DOCUMENT v3.22.1
Leases
 12 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Leases Leases
The following table presents information about leases on the consolidated balance sheet (in thousands):
March 31, 2022March 31, 2021
Assets
Lease right-of-use-assets$50,465 $57,425 
Liabilities
Lease liabilities$11,103 $7,886 
Lease liabilities, non-current49,809 59,924 
Total operating lease liabilities$60,912 $67,810 
As of March 31, 2022, the weighted average remaining lease term was 5.3 years and the weighted average discount rate was 6.8%.
The following table presents information about leases on its consolidated statement of operations (in thousands):
Fiscal Year Ended March 31,
202220212020
Operating lease expense$13,579 $13,870 $14,220 
Short-term lease expense832 843 1,074 
Variable lease expense 2,872 2,581 2,682 
The following table presents supplemental cash flow information about the Company’s leases (in thousands):
Fiscal Year Ended March 31,
20222021
Cash paid for amounts included in the measurement of lease liabilities$13,949 $15,666 
Operating lease assets obtained in exchange for new lease liabilities (1)2,611 8,525 
(1) Includes the impact of new leases as well as remeasurements and modifications to existing leases.
As of March 31, 2022, remaining maturities of lease liabilities were as follows (in thousands):
Fiscal Years Ending March 31,Operating Leases
2023$14,750 
202414,118 
202511,592 
202611,795 
202712,380 
Thereafter8,336 
Total operating lease payments$72,971 
Less imputed interest(12,059)
Total operating lease liabilities$60,912