XML 39 R24.htm IDEA: XBRL DOCUMENT v3.19.2
Leases (Tables)
3 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Lease, Cost
The components of lease costs are as follows (in thousands):
 
Three Months Ended
 
June 30, 2019
Lease costs:
 
Operating lease costs
$
2,888

Variable operating lease costs
77

Total
$
2,965

Supplemental cash flow information is as follows (in thousands):
 
Three Months Ended
 
June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows for operating leases
$
2,003

Total
$
2,003

 
Three Months Ended
 
June 30, 2019
Right-of-use assets obtained in exchange for lease obligations:
 
Operating leases
$
51,597

Total
$
51,597

Weighted-average lease terms and discount rates are as follows:
 
June 30, 2019
Weighted-average remaining lease term (years) of operating leases
7.1

Weighted-average discount rate of operating leases
5.77
%
Lessee, Operating Lease, Liability, Maturity
The aggregate future lease payments for operating leases as of June 30, 2019 is projected to be as follows (in thousands):
Remainder of fiscal 2020
$
9,739

Fiscal 2021
8,763

Fiscal 2022
8,182

Fiscal 2023
6,882

Fiscal 2024
5,959

Thereafter
20,028

Total lease payments
59,553

Less: Interest
(11,284
)
Present value of lease liabilities
$
48,269

Schedule of Future Minimum Rental Payments for Operating Leases
The future minimum lease payments associated with all non-cancelable lease obligations under ASC 840 as of March 31, 2019 is as follows (in thousands):
Fiscal 2020
$
10,520

Fiscal 2021
9,360

Fiscal 2022
8,446

Fiscal 2023
7,364

Fiscal 2024
6,200

Thereafter
21,818

Total lease payments
$
63,708