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Lease Commitments (Tables)
12 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Schedule of Elements of Lease Expense

The elements of lease expense were as follows:

 

 

 

 

Year ended March 31,

 

 

 

2022

 

 

2021

 

Operating lease cost

 

$

4,705

 

 

$

4,414

 

Finance lease cost

 

 

 

 

 

 

Amortization of right-of-use asset

 

 

826

 

 

 

998

 

   Interest on lease liabilities

 

 

147

 

 

 

129

 

Short-term lease cost

 

 

94

 

 

 

62

 

Total lease cost

 

$

5,772

 

 

$

5,603

 

 

Summary of Other Information Related to Leases

Other information related to leases was as follows:

 

 

 

Year ended March 31,

 

 

 

2022

 

 

2021

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

Operating leases - operating cash flows

 

$

4,311

 

 

$

3,793

 

Finance leases - financing cash flows

 

$

713

 

 

$

633

 

Finance leases - operating cash flows

 

$

147

 

 

$

129

 

Non-cash leases activity

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

9,969

 

 

$

332

 

Right-of-use assets obtained in exchange for new finance lease liabilities

 

$

594

 

 

$

130

 

Weighted average remaining lease terms (in years)

 

 

 

 

 

 

Operating leases

 

 

25.8

 

 

 

29.5

 

Finance leases

 

 

3.5

 

 

 

1.6

 

Weighted average discount rate

 

 

 

 

 

 

Operating leases

 

 

10.6

%

 

 

10.9

%

Finance leases

 

 

6.4

%

 

 

9.1

%

Schedule of Future Lease Payments Required Under Non-Cancellable Operating Leases

Future lease payments required under non-cancellable operating leases in effect as of March 31, 2022 were as follows:

 

 

 

March 31,
2022

 

2023

 

$

3,932

 

2024

 

 

4,362

 

2025

 

 

4,409

 

2026

 

 

4,466

 

2027

 

 

4,524

 

Thereafter

 

 

73,702

 

Total lease payments

 

$

95,395

 

Less : imputed interest

 

 

(63,107

)

Total operating lease liabilities

 

$

32,288

 

 

 

 

 

 

Schedule of Future Lease Payments Required Under Finance Leases

Future lease payments required under finance leases in effect as of March 31, 2022 were as follows:

 

 

 

March 31,
2022

 

2023

 

$

618

 

2024

 

 

337

 

2025

 

 

59

 

2026

 

 

23

 

2027

 

 

 

Thereafter

 

 

1,037

 

Total lease payments

 

 

1,037

 

Less : imputed interest

 

 

(112

)

Total finance lease liabilities

 

$

925