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Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the Company's hierarchy for its assets measured at fair value on a recurring basis as of March 31, 2025 and March 31, 2024. The Company had no liabilities measured at fair value on a recurring basis as of both March 31, 2025 and March 31, 2024.

 

 

 

Fair Value as of
March 31, 2025

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(In thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

572,256

 

 

$

572,256

 

 

$

 

 

$

 

Total assets measured at fair value on a recurring basis

 

$

572,256

 

 

$

572,256

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value as of
March 31, 2024

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(In thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

474,743

 

 

$

474,743

 

 

$

 

 

$

 

Interest rate cap contracts

 

 

44,497

 

 

 

 

 

 

44,497

 

 

 

 

Total assets measured at fair value on a recurring basis

 

$

519,240

 

 

$

474,743

 

 

$

44,497

 

 

$