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Note 5 - Leases | 12 Months Ended
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Mar. 31, 2025
Notes to Financial Statements |
Lessee, Operating Leases [Text Block] | Note 5. Leases We have operating leases for buildings and office equipment used in manufacturing and distribution, engineering, research and development, sales and marketing, and administration activities. The following table presents the lease balances within the Consolidated Balance Sheets related to our operating leases:
Lease Assets and Liabilities | Balance Sheet Location |  | March 31, 2025 |  |  | March 31, 2024 |
Operating lease ROU asset | Other assets |  | $ | 16,382 |  |  | $ | 9,671 |
Current operating lease liabilities | Other accrued expenses |  |  | 3,523 |  |  |  | 2,986 |
Noncurrent operating lease liabilities | Other noncurrent liabilities |  |  | 12,380 |  |  |  | 6,613 |
The components of lease costs, the weighted average remaining lease term and the weighted average discount rate were as follows:
|  | Year Ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Operating lease expense |  | $ | 4,025 |  |  | $ | 3,453 |  |  | $ | 3,064 |
Variable lease expense |  |  | 1,316 |  |  |  | 1,039 |  |  |  | 1,110 |
Short term lease expense |  |  | 571 |  |  |  | 423 |  |  |  | 376 |
Total lease expense |  | $ | 5,912 |  |  | $ | 4,915 |  |  | $ | 4,550 |
Weighted average remaining lease term in years |  |  | 6.8 |  |  |  | 4.6 |  |  |  | 3.3 |
Weighted average discount rate |  |  | 6.2 | % |  |  | 4.1 | % |  |  | 2.0 | %
Supplemental cash flow information related to leases was as follows:
|  | Year Ended March 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurements of lease liabilities |  | $ | 4,534 |  |  | $ | 3,392 |  |  | $ | 3,017 |
Operating lease assets obtained in exchange for operating lease liabilities |  |  | 9,863 |  |  |  | 4,265 |  |  |  | 1,426 |
As of March 31, 2025 maturities of lease liabilities are as follows for future years ending March 31:
2026 |  | $ | 4,236 |
2027 |  |  | 3,895 |
2028 |  |  | 1,795 |
2029 |  |  | 1,694 |
2030 |  |  | 1,694 |
Thereafter |  |  | 6,712 |
Future value of lease liabilities |  |  | 20,026 |
Less: imputed interest |  |  | (4,123 | )
Present value of lease liabilities |  | $ | 15,903 |

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- 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
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