XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.2

LEASES | 3 Months Ended
--- | ---
Jun. 30, 2023
Leases [Abstract] |
LEASES | Leases Lessee Arrangements Operating Leases We lease real estate and equipment used in operations from third parties. As of June 30, 2023, the remaining term of our operating leases ranged from 1 to 16 years with various automatic extensions. The following table outlines the maturity of our existing operating lease liabilities on a fiscal year-end basis as of June 30, 2023. Maturity of Operating Leases
|  | Operating Leases
Remaining 2024 |  | $ | 25,954 |
2025 |  | 46,139 |
2026 |  | 51,201 |
2027 |  | 47,936 |
2028 |  | 47,212 |
Thereafter |  | 370,585 |
Total |  | 589,027 |
Less: present value discount |  | (159,942) |
Operating lease liabilities |  | $ | 429,085 |
As of June 30, 2023, the Company has entered into an operating lease for additional office space that has not yet commenced for approximately $1.4 million. This operating lease will commence during fiscal year 2024 with a lease term of 12 years. Lease costs
|  |  |  | Three Months Ended June 30,
|  |  |  |  |  | 2023 |  | 2022
Operating lease expense |  |  |  |  |  | $ | 12,423 |  |  | $ | 7,236 |
Variable lease expense (1) |  |  |  |  |  | 5,237 |  |  | 4,519 |
Short-term lease expense |  |  |  |  |  | 46 |  |  | 35 |
Less: Sublease income |  |  |  |  |  | (303) |  |  | — |
Total lease costs |  |  |  |  |  | $ | 17,403 |  |  | $ | 11,790 |
(1)Primarily consists of payments for property taxes, common area maintenance and usage based operating costs. Weighted-average details
|  | June 30,
|  | 2023 |  | 2022
Weighted-average remaining lease term (years) |  | 12 |  | 9
Weighted-average discount rate |  | 5 | % |  | 3.3 | %
Supplemental cash flow information related to leases:
|  |  | Three Months Ended June 30,
|  |  | 2023 |  | 2022
Operating cash flows: |  |  |  |  |
Cash paid for amounts included in the measurement of Operating lease liabilities |  |  | $ | 10,251 |  |  | $ | 9,446 |
Non-cash activity: |  |  |  |  |
Operating lease right-of-use assets obtained in exchange of Operating lease liabilities |  |  | $ | 6,750 |  |  | $ | 10,082 |
Change in Operating lease right-of-use assets due to remeasurement |  |  | 46,168 |  |  | (5,279) |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration