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Lessee Arrangements (Tables)
9 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost
The components of lease cost for the three and nine months ended December 31, 2024 and 2023 are as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
2024202320242023
Operating lease cost$755 $473 $2,173 $1,897 
Short-term lease cost343 245 926 628 
Variable lease cost263 247 725 610 
Total lease cost$1,361 $965 $3,824 $3,135 
Amounts reported in the consolidated balance sheets for leases where we are the lessee as of December 31, 2024 and March 31, 2024 were as follows (in thousands):
December 31, 2024March 31, 2024
Operating leases
Operating lease ROU assets$13,597 $11,376 
Operating lease liabilities$14,557 $12,276 
Weighted-average remaining lease term
Operating leases10 years, 5 months12 years, 1 month
Weighted-average discount rate
Operating leases5.64 %5.09 %
Schedule of Maturity of Operating Lease Liability
Maturities of lease liabilities under non-cancellable leases where we are the lessee as of December 31, 2024 are as follows (in thousands):
Operating Leases
2025 (excluding the nine months ended December 31, 2024)$777 
20263,030 
20272,892 
20282,275 
20291,722 
2030977 
Thereafter7,669 
Total undiscounted lease payments19,342 
Interest(4,785)
Total lease liabilities$14,557