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Debt (Tables)
3 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes borrowings under the Company’s debt obligations and the associated interest rates:
June 30, 2025
BalanceInterest RateUnused Line Fee
Revolver (subject to variable interest rate)$410,960 9.92 %0.35 %
March 31, 2025
BalanceInterest RateUnused Line Fee
Revolver (subject to variable interest rate)$411,000 8.17 %0.35 %
Debt obligations on the consolidated balance sheets consist of the following:
June 30, 2025March 31, 2025
Revolver$410,960 $411,000 
Less: Debt issuance costs(10,457)(2,313)
Long-term debt, net of debt issuance costs$400,503 $408,687 
Interest expense, net, amortization of debt issuance costs, and unused line of credit fees were recorded in interest expense, net, on the condensed consolidated statements of operations and comprehensive (loss) income, as follows:
Three months ended June 30,
20252024
Interest expense, net$(8,788)$(7,840)
Amortization of debt issuance costs(1,154)(301)
Unused line of credit fees and other(12)(109)
Total interest expense, net$(9,954)$(8,250)