XML 42 R30.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Tables)
 9 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Components of Lease Expense
The components of lease expense for the three and nine months ended December 31, 2020 and 2019 were as follows:
Three Months Ended December 31, Nine Months Ended December 31,
(In thousands)2020201920202019
Finance lease cost:
     Amortization of right-of-use assets$629 $207 $1,397 $207 
     Interest on lease liabilities76 34 185 34 
Operating lease cost1,679 2,239 5,068 5,697 
Short term lease cost24 28 69 78 
Variable lease cost11,220 15,731 35,230 48,396 
Sublease income(54)(833)(163)(2,607)
Total net lease cost$13,574 $17,406 $41,786 $51,805 
The weighted average remaining lease term and weighted average discount rate were as follows:
December 31, 2020
Weighted average remaining lease term (years)
Operating leases4.88
Finance leases3.75
Weighted average discount rate
Operating leases5.28 %
Finance leases2.98 %
Maturities of Operating Leases
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2021 (Remaining three months ending March 31, 2021)$1,983 $706 $2,689 
20226,557 2,826 9,383 
20236,293 2,826 9,119 
20246,303 2,826 9,129 
20254,132 1,412 5,544 
Thereafter4,974 — 4,974 
Total undiscounted lease payments30,242 10,596 40,838 
Less amount of lease payments representing interest(3,626)(556)(4,182)
Total present value of lease payments$26,616 $10,040 $36,656 
Maturities of Finance Leases
(In thousands)
Year Ending March 31,Operating LeasesFinance
Lease		Total
2021 (Remaining three months ending March 31, 2021)$1,983 $706 $2,689 
20226,557 2,826 9,383 
20236,293 2,826 9,119 
20246,303 2,826 9,129 
20254,132 1,412 5,544 
Thereafter4,974 — 4,974 
Total undiscounted lease payments30,242 10,596 40,838 
Less amount of lease payments representing interest(3,626)(556)(4,182)
Total present value of lease payments$26,616 $10,040 $36,656