Leases (Tables)

12 Months Ended

Mar. 31, 2021

Leases [Abstract]

Components of Lease Cost

		Year Ended
	Statement of Operations Location	March 31, 2021
Operating lease cost	(1)	$	43,950
Finance lease cost
Amortization expense	Depreciation and amortization		429
Interest expense	Interest expense, net		120
Short-term lease cost	(1)		1,473
Variable lease cost	(1)		6,804
Sublease income	Other, net		(1,293)
Total lease cost		$	51,483

⁽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	March 31, 2021
Right-of-use assets
Operating leases	Operating lease right-of-use assets, net	$	93,412
Finance leases	Property and equipment, net		1,858
Total right-of-use assets		$	95,270
Lease liabilities
Current liabilities
Operating leases	Current portion of operating lease liabilities	$	30,608
Finance leases	Current portion of long-term debt		568
Noncurrent liabilities
Operating leases	Long-term operating lease liabilities		75,396
Finance leases	Long-term debt, excluding current portion		1,225
Total lease liabilities		$	107,797

Lease Liability Maturities

Maturities of lease liabilities by fiscal year as of March 31, 2021 are as follows:

	Operating Leases			Finance Leases		Total
2022	$	37,129	$	664	$	37,793
2023		27,659		485		28,144
2024		19,378		468		19,846
2025		14,061		390		14,451
2026		9,219		—		9,219
2027 and thereafter		18,399		—		18,399
Total lease liabilities, undiscounted		125,845		2,007		127,852
Less: Imputed interest		19,841		214		20,055
Total lease liabilities	$	106,004	$	1,793	$	107,797

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	4.76 years		3.52 years
Weighted-average discount rate	7.29	%	6.51	%