Retirement Savings Plan

12 Months Ended

Mar. 31, 2022

Retirement Benefits [Abstract]

Retirement Savings Plan

Note 11 — Retirement Savings Plan

The Company maintains a retirement savings plan for its employees, which is a qualified plan under Section 401(k) of the Internal Revenue Code. Full-time employees that meet certain requirements are eligible to participate in the plan. Employer contributions are made annually, primarily at the discretion of the Company’s Board of Directors. Contributions of $1,088,000, $853,000 and $829,000 were charged to operations for the fiscal years ended March 31, 2022, 2021 and 2020, respectively.