Leases (Tables)

3 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of lease expenses and other information

The components of lease expenses for the three months ended June 30, 2019 were as follows:

(in thousands)	Three months ended June 30, 2019
Operating leases expense	$	1,013
Finance lease expense:
Amortization of ROU assets	6
Interest on lease liabilities	2
Total finance lease expense	8
Variable lease costs	68
Short term lease expense	14
Total lease expense	$	1,103

Other information related to leases was as follows:

	Three months ended June 30, 2019
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities (in thousands):
Operating cash flows for operating leases	$	1,014
Operating cash flows for finance leases	6
Financing cash flows for finance leases	2
ROU assets obtained in exchange for lease obligations (in thousands):
Operating leases	$	185
Finance leases	—
Weighted average remaining lease terms
Operating leases	5.57
Finance leases	2.35
Weighted average discount rates
Operating leases	9.85		%
Finance leases	4.25		%

Schedule of future minimum lease payments, finance leases

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheet as of June 30, 2019:

(in thousands)	Operating leases			Finance leases
2020 (excluding the three months ended June 30, 2019)	$	3,260		$	22
2021	4,432			23
2022	3,669			15
2023	2,291			—
2024	2,099			—
Thereafter	5,913			—
Total undiscounted future minimum lease payments	21,664			60
Less: difference between undiscounted lease payments and discounted operating lease liabilities	(5,923		)	(5		)
Total operating lease liabilities	$	15,741		$	55

Schedule of future minimum lease payments, operating leases

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheet as of June 30, 2019:

(in thousands)	Operating leases			Finance leases
2020 (excluding the three months ended June 30, 2019)	$	3,260		$	22
2021	4,432			23
2022	3,669			15
2023	2,291			—
2024	2,099			—
Thereafter	5,913			—
Total undiscounted future minimum lease payments	21,664			60
Less: difference between undiscounted lease payments and discounted operating lease liabilities	(5,923		)	(5		)
Total operating lease liabilities	$	15,741		$	55

Schedule of future minimum lease payments, finance leases, under previous lease accounting standard

As previously disclosed on our March 31, 2019 Form 10-K and under the previous lease accounting standard, future minimum lease payments under non-cancelable operating leases as of March 31, 2019 were as follows:

Year ending (in thousands)	Operating leases		Finance leases
2020	$	4,143	$	27
2021	3,945		23
2022	3,166		15
2023	1,916		—
2024	1,770		—
Thereafter	4,497		—
Total lease payments	19,437		65
Less: Amounts representing interest	—		(8		)
Present value of lease liabilities	$	19,437	$	57

Schedule of future minimum lease payments, operating leases, under previous lease accounting standard

As previously disclosed on our March 31, 2019 Form 10-K and under the previous lease accounting standard, future minimum lease payments under non-cancelable operating leases as of March 31, 2019 were as follows:

Year ending (in thousands)	Operating leases		Finance leases
2020	$	4,143	$	27
2021	3,945		23
2022	3,166		15
2023	1,916		—
2024	1,770		—
Thereafter	4,497		—
Total lease payments	19,437		65
Less: Amounts representing interest	—		(8		)
Present value of lease liabilities	$	19,437	$	57