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LONG-TERM DEBT
6 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Long-term Debt [Text Block]
NOTE 5: LONG-TERM DEBT
The Company’s long-term debt consisted of the following (in thousands):
 
  
As of September 30,
2018
  
As of March 31,
2018
 
TCW Term Loan
 $105,849  $90,424 
PNC Credit Facility
  22,002   33,107 
  
 
 
  
 
 
 
Total debt
  127,851   123,531 
Less: current portion
  (127,514  (7,500
Less: unamortized debt issuance costs 
(1)
  (337  (45
  
 
 
  
 
 
 
Long-term debt, net
 $—    $115,986 
  
 
 
  
 
 
 
(1)
The unamortized debt issuance costs related to the Senior Secured Term Loan are presented as a reduction of the carrying amount of the corresponding debt balance on the accompanying condensed consolidated balance sheets. Unamortized debt issuance costs related to the PNC Credit Facility are presented within other assets on the accompanying condensed consolidated balance sheets.
As of September 30, 2018, the interest rates on the TCW Term Loan and the PNC Credit Facility were 14.5% and 8.25%, respectively.
As of September 30, 2018, the Company was required to maintain a $5.0 million restricted cash reserve as part of the PNC Credit Facility. This balance is presented as restricted cash within the accompanying condensed consolidated balance sheet as of September 30, 2018.