ACQUISITIONS (Tables)

12 Months Ended

Mar. 31, 2024

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

The acquisition date fair value of the consideration for Habu was approximately $173.4 million, which consisted of the following (dollars in thousands):

Cash, net of $971 cash acquired	$	170,281
Restricted cash held in escrow	2,600
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	$	493
Total fair value of consideration transferred	$	173,374

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date

of acquisition (dollars in thousands):

	January 31, 2024
Assets acquired:
Cash	$	971
Goodwill	141,641
Intangible assets	33,500
Other current and noncurrent assets	3,815
Total assets acquired	179,927
Accounts payable and accrued expenses	(1,460)
Deferred revenue	(3,573)
Other current and noncurrent liabilities	(549)
Net assets acquired	174,345
Less:
Cash acquired	(971)
Net purchase price allocated	173,374
Less:
Restricted cash held in escrow	(2,600)
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	(493)
Net cash paid in acquisition	170,281

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):

	April 21, 2021
Assets acquired:
Cash	$	131
Goodwill	6,807
Intangible assets	3,500
Total assets acquired	10,438
Deferred income taxes	(505)
Accounts payable and accrued expenses	(65)
Net assets acquired	9,868
Less:
Cash acquired	(131)
Net purchase price allocated	9,737
Less:
Cash held back	(1,200)
Net cash paid in acquisition	8,537

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):

			Useful life
	Fair value		(in years)
Developed technology	$	30,000	3
Customer relationships	3,000		3
Trade names	500		1
Total intangible assets	$	33,500