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CONVERTIBLE SENIOR NOTES, TERM LOAN AND CAPPED CALLS (Tables) | 12 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Carrying Amount | The following table presents the net carrying amount of the Term Loan:
|  | March 31, 2023
Principal |  | $ | 250,000 |
Unamortized debt discount and issuance costs |  | (18,007) |
Net carrying amount |  | $ | 231,993 |
Schedule of Interest Expense | Interest expense recognized related to the Term Loans was as follows:
|  | Year Ended
|  | March 31, 2023
Contractual interest expense |  | $ | 17,816 |
Amortization of debt discount and issuance costs |  | 2,012 |
Total interest expense |  | $ | 19,828 |
Interest expense recognized related to the 2028 Notes was as follows:
|  | Year Ended March 31, 2023
Contractual interest expense |  | $ | 4,027 |  |  |
Amortization of debt discount and issuance costs |  | 548 |  |  |
Total interest expense |  | $ | 4,575 |  |  |
Interest expense recognized related to the 2024 Notes was as follows:
|  |  |  | Years Ended March 31,
|  |  |  |  |  | 2023 | 2022 |  | 2021
Contractual interest expense |  |  |  |  |  | $ | 1,177 |  | $ | 2,271 |  |  | $ | 1,813 |
Amortization of debt discount and issuance costs |  |  |  |  |  | 1,694 |  | 20,404 |  |  | 16,898 |
Total interest expense |  |  |  |  |  | $ | 2,871 |  | $ | 22,675 |  |  | $ | 18,711 |
Schedule of Convertible Debt | The following table presents the net carrying amount of the 2028 Notes:
|  | March 31, 2023
Principal |  | $ | 201,914 |
Unamortized debt discount and issuance costs |  | (5,093) |
Net carrying amount |  | $ | 196,821 |
The following table presents the net carrying amount and fair value of the liability component of the 2024 Notes:
|  | March 31, 2023 |  | March 31, 2022
Principal |  | $ | 63,295 |  |  | $ | 500,000 |
Unamortized debt discount(1) and issuance costs |  | (363) |  |  | (52,548) |
Net carrying amount |  | $ | 62,932 |  |  | $ | 447,452 |
(1) The debt discount as of March 31, 2022 represents the discount resulting from the allocation of the equity component (conversion option) from the liability component of the 2024 Notes, net of issuance premium, prior to the adoption of ASU 2020-06 on April 1, 2022. Upon the adoption of ASU 2020-06, the equity component was reversed. As a result, the March 31, 2023 debt discount represents only the issuance premium.

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