XML 53 R38.htm IDEA: XBRL DOCUMENT v3.25.2
LEASES (Tables)
3 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Components of Operating Lease Cost and Supplemental Cash Flow Information
The components of operating lease cost for the three months ended June 30, 2025 and 2024, respectively, were as follows (in thousands):
Three Months Ended
June 30,
20252024
Lease cost under long-term operating leases$2,853 $2,961 
Lease cost under short-term operating leases336 326 
Variable lease cost under short-term and long-term operating leases962 1,316 
      Total operating lease cost$4,151 $4,603 

The table below presents supplemental cash flow information related to leases during the three months ended June 30, 2025 and 2024 (in thousands):
Three Months Ended
June 30,
20252024
Right-of-use assets obtained in exchange for new operating lease liabilities$767 $50 

At June 30, 2025 and March 31, 2025, the weighted average remaining lease term in years and weighted average discount rate were as follows:
June 30, 2025March 31, 2025
Weighted average remaining lease term in years - operating leases4.544.77
Weighted average discount rate - operating leases4.4 %4.4 %
Schedule of Future Minimum Payments Under Non-Cancellable Leases
Future minimum payments under non-cancellable leases at June 30, 2025 are as follows (in thousands):
Year ending March 31:
2026 (remaining nine months)
$8,687 
202710,419 
20289,022 
20297,675 
20306,632 
Thereafter3,131 
     Total lease payments$45,566 
     Less imputed interest(4,033)
     Present value of lease liabilities$41,533