XML 32 R14.htm IDEA: XBRL DOCUMENT
v3.26.1

LESSEE ACCOUNTING | 12 Months Ended
--- | ---
Mar. 31, 2026
LESSEE ACCOUNTING [Abstract] |
LESSEE ACCOUNTING | 6. LESSEE ACCOUNTING We lease office space for periods up to six years and lease warehouse space for periods of up to ten years, and we have some lease options that can be exercised to extend beyond those lease term limits. We recognize our right-of-use assets as part of property, equipment, and other assets—net. See Note 9, “Property, Equipment, and Other Assets—Net” for additional information. We recognize the current and long-term portions of our lease liability as part of other current liabilities and other liabilities, respectively. As of March 31, 2026, and 2025, we had current lease liabilities of $5.4 million and $5.6 million, respectively, and long-term lease liabilities of $10.8 million and $13.5 million, respectively. We recognized operating lease cost of $6.4 million, $5.7 million, and $5.8 million as part of selling, general, and administrative expenses during the years ended March 31, 2026, 2025, and 2024, respectively. Supplemental information about the remaining lease terms and discount rates applied as of March 31, 2026, and March 31, 2025, are as follows:
|  |  | Year ended March 31, |
Lease Term and Discount Rate |  |  | 2026 |  |  |  | 2025 |
Weighted average remaining lease term (months) |  |  | 54 |  |  |  | 60 |
Weighted average discount rate |  |  | 5.4 | % |  |  | 5.5 | %
The following table provides our future lease payments under our operating leases as of March 31, 2026 (in thousands):
Year ending March 31, 2027 |  | $ | 5,569 |
2028 |  |  | 4,366 |
2029 |  |  | 2,649 |
2030 |  |  | 1,781 |
2031 |  |  | 1,313 |
2032 and thereafter |  |  | 2,746 |
Total lease payments |  |  | 18,424 |
Less: interest |  |  | (2,133 | )
Present value of lease liabilities |  | $ | 16,291 |
As of March 31, 2026, we had no commitments for leases that had not yet commenced. On April 1, 2026, we signed an 8-year lease for a new headquarters in Herndon, Virginia with a total commitment of $9.1 million dollars.

X
- References No definition available. + Details
Name: | us-gaap_LesseeDisclosureAbstract
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