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LEASES
6 Months Ended
Sep. 30, 2025
Leases [Abstract]  
LEASES Leases
The components of lease expense were as follows (in thousands):
Three Months Ended September 30,Six Months Ended September 30,
2025202420252024
Operating lease expense$2,675 $2,873 $5,529 $6,038 
Variable lease expense$965 $967 $1,915 $2,048 
The supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended September 30,Six Months Ended September 30,
2025202420252024
Cash outflows from operating leases$3,438 $3,653 $6,940 $7,395 
Right-of-use assets obtained in exchange for operating lease obligations$— $— $— $1,954 
Short-term lease expense was immaterial during the six months ended September 30, 2025 and 2024, respectively.
The following table presents supplemental lease information:
September 30, 2025March 31, 2025
Weighted-average remaining lease term5.0 years5.4 years
Weighted-average discount rate4.6%4.7%
The following table presents maturity of lease liabilities under the Company's non-cancellable operating leases as of September 30, 2025 (in thousands):
Remainder of fiscal year 2026$6,752 
202712,305 
202811,560 
202911,430 
203011,430 
Thereafter7,945 
Total lease payments61,422 
Less: imputed interest(6,262)
Present value of lease liabilities$55,160 
Operating lease liabilities10,740 
Operating lease liabilities, non-current$44,420 
The Company continues to evaluate its leases for potential impairments, noting no further impairments during the six months ended September 30, 2025.