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CONVERTIBLE SENIOR NOTES AND TERM LOAN (Tables) | 3 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Carrying Amount | The following table presents the net carrying amount and fair value of the liability component of the 2024 Notes (dollars in thousands):
| June 30, 2023 |  | March 31, 2023
Principal | $ | 63,295 |  |  | $ | 63,295 |
Unamortized debt discount and issuance costs | (256) |  |  | (363) |
Net carrying amount | $ | 63,039 |  |  | $ | 62,932 |
The following table presents the net carrying amount of the Term Loan (dollars in thousands):
| June 30, 2023 |  | March 31, 2023
Principal | $ | 225,000 |  |  | $ | 250,000 |
Unamortized debt discount and issuance costs | (15,466) |  |  | (18,007) |
Net carrying amount | $ | 209,534 |  |  | $ | 231,993 |
Schedule of Interest Expense | Interest expense recognized related to the 2024 Notes was as follows (dollars in thousands):
| Three Months Ended June 30, |  |
| 2023 |  | 2022 |  |  |  |
Contractual interest expense | $ | 79 |  |  | $ | 625 |  |  |  |  |
Amortization of debt discount and issuance costs | 107 |  |  | 831 |  |  |  |  |
Total interest expense | $ | 186 |  |  | $ | 1,456 |  |  |  |  |
Interest expense recognized related to the Term Loans was as follows (dollars in thousands):
| Three Months Ended
| June 30, 2023 |  |
Contractual interest expense | $ | 6,879 |  |  |
Amortization of debt discount and issuance costs | 775 |  |  |
Total interest expense | $ | 7,654 |  |  |
Interest expense recognized related to the 2028 Notes was as follows (dollars in thousands):
| Three Months Ended |  |
| June 30, 2023 |  |  |  |
Contractual interest expense | $ | 2,014 |  |  |  |  |
Amortization of debt discount and issuance costs | 227 |  |  |  |  |
Total interest expense | $ | 2,241 |  |  |  |  |
Schedule of Convertible Debt | The following table presents the net carrying amount of the 2028 Notes (dollars in thousands):
| June 30, 2023 |  | March 31, 2023
Principal | $ | 201,914 |  |  | $ | 201,914 |
Unamortized debt discount and issuance costs | (4,866) |  |  | (5,093) |
Net carrying amount | $ | 197,048 |  |  | $ | 196,821 |

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