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LEASES (Tables)
6 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Lease Expense for Operating and Short-Term Leases Included In Continuing Operations

Lease expense for our operating and short-term leases included in continuing operations is as follows:

 

 

 

For the Three Months Ended September 30,

 

 

For the Six Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(dollars in thousands)

 

Operating Lease Cost

 

$

1,767

 

 

$

2,098

 

 

$

3,563

 

 

$

4,008

 

Short-term Lease Cost

 

 

857

 

 

 

460

 

 

 

1,607

 

 

 

919

 

Total Lease Cost

 

$

2,624

 

 

$

2,558

 

 

$

5,170

 

 

$

4,927

 

 

Schedule of Balance Sheet Information Related to Leases

The Right-of-Use Assets and Lease Liabilities are reflected on our Balance Sheet as follows:

 

 

 

September 30,

 

 

March 31,

 

 

 

2020

 

 

2020

 

 

 

(dollars in thousands)

 

Operating Leases:

 

 

 

 

 

 

 

 

Operating Lease Right-of-Use Assets

 

$

28,139

 

 

$

29,483

 

 

 

 

 

 

 

 

 

 

Current Operating Lease Liabilities

 

$

6,810

 

 

$

6,585

 

Noncurrent Operating Lease Liabilities

 

 

37,419

 

 

 

40,239

 

Total Operating Lease Liabilities

 

$

44,229

 

 

$

46,824

 

Schedule of Future Payments for Operating Leases

Future payments for operating leases are as follows (dollars in thousands):

 

Fiscal Year

 

Amount

 

2021 (remaining six months)

 

$

4,239

 

2022

 

 

7,556

 

2023

 

 

6,969

 

2024

 

 

6,007

 

2025

 

 

5,651

 

Thereafter

 

 

24,585

 

Total Lease Payments

 

$

55,007

 

Less: Imputed Interest

 

 

(10,778

)

Present Value of Lease Liabilities

 

$

44,229

 

 

 

 

 

 

Weighted-Average Remaining Lease Term (in years)

 

 

9.1

 

Weighted-Average Discount Rate

 

 

3.78

%