LEASES (Tables)

6 Months Ended

Sep. 30, 2025

Schedule of Right-of-use Asset, Lease Liability Balances and Lease Cost

Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands):



	September 30, 2025			March 31, 2025
Right-of-use assets included in other assets, net	$	18,100		$	19,341
Short-term lease liabilities included in other accrued expenses	$	9,518		$	9,351
Long-term lease liabilities included in other liabilities	$	23,818		$	26,939

Supplemental balance sheet information:
Weighted average remaining lease term	4.0 years			4.5 years
Weighted average discount rate	5.5		%	5.4		%

The components of lease cost, net for the six months ended September 30, 2025 and 2024, respectively, were as follows (dollars in thousands):


	For the six months ended September 30,
	2025		2024
Operating lease costs	$	3,786	$	4,074
Operating sublease income	913		482
Total leases costs, net	$	2,873	$	3,592

Schedule of Future Minimum Payments under all Operating Leases

The amount for fiscal 2026 represents the remaining six months ending March 31, 2026. All other periods represent fiscal years ending March 31 (dollars in thousands):


Fiscal year:	Operating lease payments		Payments expected under noncancellable subleases		Net operating lease payments
2026	$	4,991	$	(936)	4,055
2027	9,458		(2,084)		7,374
2028	9,472		(2,147)		7,325
2029	9,044		(2,211)		6,833
2030	2,591		(189)		2,402
Thereafter	1,708		—		1,708
Total undiscounted lease payments	37,264		(7,567)		29,697
Less: Interest and short-term leases	3,928		(959)		2,969
Total discounted operating lease liabilities	$	33,336	$	(6,608)	$	26,728

Schedule of Future Minimum Payments under Sublease Income

The amount for fiscal 2026 represents the remaining six months ending March 31, 2026. All other periods represent fiscal years ending March 31 (dollars in thousands):


Fiscal year:	Operating lease payments		Payments expected under noncancellable subleases		Net operating lease payments
2026	$	4,991	$	(936)	4,055
2027	9,458		(2,084)		7,374
2028	9,472		(2,147)		7,325
2029	9,044		(2,211)		6,833
2030	2,591		(189)		2,402
Thereafter	1,708		—		1,708
Total undiscounted lease payments	37,264		(7,567)		29,697
Less: Interest and short-term leases	3,928		(959)		2,969
Total discounted operating lease liabilities	$	33,336	$	(6,608)	$	26,728