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Leases

12 Months Ended

Mar. 31, 2024

The Company's leases are generally for facilities and office space.

The Company’s total lease cost is recorded primarily within general and administrative expenses on the consolidated statement of operations and consisted of the following:


	Fiscal Year Ended March 31,
	2024		2023		2022
Operating lease cost	$	63,575	$	68,620	$	69,831
Short-term lease cost	1,211		455		585
Variable lease cost	12,911		11,237		11,641
Total operating lease costs	$	77,697	$	80,312	$	82,057

Future minimum operating lease payments for noncancelable operating leases as of March 31, 2024 are as follows:


For the Fiscal Year Ending March 31,	Operating Lease Payments
2025	$	54,337
2026	61,710
2027	49,558
2028	41,357
2029	18,929
Thereafter	29,948
Total future lease payments	255,839
Less: imputed interest	(30,518)
Total lease liabilities	$	225,321

Supplemental cash flow information related to leases was as follows:


	Fiscal Year Ended March 31,
	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities	$	75,633	$	66,529	$	76,100
Operating lease liabilities arising from obtaining ROU assets (1)	$	40,151	$	16,517	$	41,206

(1) Includes all noncash increases and decreases arising from new or remeasured operating lease arrangements

Other information related to leases was as follows:


	March 31,
	2024		2023
Weighted average remaining lease term (in years)	4.5		4.6
Weighted average discount rate	4.9	%	4.7	%