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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
6 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts and Fair Values of Derivative Instruments on Consolidated Balance Sheet
The notional amounts and fair values of derivative instruments in the consolidated balance sheets at September 30, 2025 and March 31, 2025 were as follows (in thousands):
 Notional Amounts (a)Prepaid Expenses and Other Current AssetsAccrued Other
 September 30,
2025
March 31,
2025
September 30,
2025
March 31,
2025
September 30,
2025
March 31,
2025
Derivatives Designated as Hedging Instruments:
     Forward contracts$11,621 $10,649 $91 $197 $137 $55 
$91 $197 $137 $55 
(a) Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule of Effect of Foreign Exchange Forward Contracts on OCI and Results of Operations
The following table provides the effect that foreign exchange forward contracts designated as hedging instruments had on other comprehensive (loss) income and results of operations for the three months ended September 30, 2025 and 2024 (in thousands):
Gain (Loss) Recognized in OCI on Derivative (a)Gain (Loss) Reclassified from Accumulated OCI into Income (b)
September 30,
2025
September 30,
2024
LocationSeptember 30,
2025
September 30,
2024
Forward contracts$(182)$275 Research and development$11 $
Sales and marketing(157)(18)
$(182)$275 $(146)$(15)

(a)The amount represents the change in fair value of derivative contracts due to changes in spot rates.
(b)The amount represents reclassification from other comprehensive income (loss) to earnings that occurs when the hedged item affects earnings.

The following table provides the effect that foreign exchange forward contracts designated as hedging instruments had on other comprehensive income and results of operations for the six months ended September 30, 2025 and 2024 (in thousands):

Gain (Loss) Recognized in OCI on Derivative (a)Gain (Loss) Reclassified from Accumulated OCI into Income (b)
September 30, 2025September 30, 2024LocationSeptember 30, 2025September 30, 2024
Forward contracts$148 $159 Research and development$$
Sales and marketing(325)40 
$148 $159 $(317)$44 
(a)The amount represents the change in fair value of derivative contracts due to changes in spot rates.
(b)The amount represents reclassification from other comprehensive income (loss) to earnings that occurs when the hedged item affects earnings.