Leases (Tables)

6 Months Ended

Sep. 30, 2020

Leases [Abstract]

Components of Lease Cost

		Three Months Ended		Six Months Ended
	Statement of Operations Location	September 30, 2020		September 30, 2020
Operating lease cost	(1)	$	11,686	$	22,158
Finance lease cost
Amortization expense	Depreciation and amortization		123		202
Interest expense	Interest expense, net		34		67
Short-term lease cost	(1)		244		486
Variable lease cost	(1)		1,909		3,751
Sublease income	Other, net		(355)		(662)
Total lease cost		$	13,641	$	26,002

⁽¹⁾ Cost classification varies depending on the leased asset. Costs are primarily included within sales, marketing, general and administrative and cost of operations.  

Right-of-use Assets and Lease Liabilities

	Balance Sheet Location	September 30, 2020
Right-of-use assets
Operating leases	Operating lease right-of-use assets, net	$	106,790
Finance leases	Property and equipment, net		2,085
Total right-of-use assets		$	108,875
Lease liabilities
Current liabilities
Operating leases	Current portion of operating lease liabilities	$	32,060
Finance leases	Current portion of long-term debt		588
Noncurrent liabilities
Operating leases	Long-term operating lease liabilities		88,239
Finance leases	Long-term debt, excluding current portion		1,554
Total lease liabilities		$	122,441

Supplemental Cash Flow Information

	Six Months Ended September 30, 2020
	Operating Leases			Finance Leases
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows	$	20,747	$	67
Financing cash flows	$	—	$	298
Non-cash activities
Right-of-use assets obtained in exchange for lease liabilities  (1)	$	11,733	$	363

⁽¹⁾ Amounts exclude the impact of adopting ASC 842. See Note 2, Significant Accounting Policies.  

Lease Liability Maturities

Maturities of lease liabilities by fiscal year as of September 30, 2020 are as follows:

	Operating Leases			Finance Leases		Total
Remainder of 2021	$	20,646	$	366	$	21,012
2022		36,889		664		37,553
2023		27,680		485		28,165
2024		19,139		468		19,607
2025		14,027		390		14,417
2026 and thereafter		25,484		—		25,484
Total lease liabilities, undiscounted		143,865		2,373		146,238
Less: Imputed interest		23,566		231		23,797
Total lease liabilities	$	120,299	$	2,142	$	122,441

Maturities of lease liabilities by fiscal year as of March 31, 2020 were as follows:

	Operating Leases			Finance Leases		Total
2021	$	40,476	$	468	$	40,944
2022		34,750		468		35,218
2023		23,761		468		24,229
2024		15,393		468		15,861
2025		10,780		390		11,170
2026 and thereafter		15,850		—		15,850
Total lease liabilities, undiscounted	$	141,010	$	2,262	$	143,272

Other Information Related to Leases

	Operating Leases		Finance Leases
Weighted-average remaining lease term	4.88 years		3.88 years
Weighted-average discount rate	7.40	%	6.55	%