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Leases (Tables)
12 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet information related to the Company’s operating leases:

 

 

March 31, 2021

 

 

March 31, 2020

 

 

 

(in $000's)

 

Assets

 

 

 

 

 

 

 

 

Operating lease right-of-use assets in other assets

 

$

6,109

 

 

$

11,760

 

Liabilities

 

 

 

 

 

 

 

 

Operating lease liabilities in other current liabilities

 

 

2,459

 

 

 

3,671

 

Operating lease liabilities in other long-term liabilities

 

 

3,657

 

 

 

8,549

 

Total operating lease liabilities

 

$

6,116

 

 

$

12,220

 

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of March 31, 2021 are as follows:

 

(in thousands, except lease term and discount rate)

 

 

 

 

 

 

Fiscal Years Ended March 31,

 

 

 

 

2022

 

$

2,574

 

2023

 

 

1,404

 

2024

 

 

1,165

 

2025

 

 

617

 

2026

 

 

77

 

Thereafter

 

 

599

 

Total minimum lease payments

 

 

6,436

 

Less: imputed interest

 

 

(320

)

Present value of operating lease liabilities

 

$

6,116

 

 

 

 

 

 

Weighted average remaining lease term

 

4.02

 

 

 

 

 

 

Weighted average discount rate

 

 

1.96

%