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COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Assets And Liabilities, Lessee
The table below presents the lease-related assets and liabilities recorded on the balance sheet as of  December 31, 2019
(In thousands)
Classification on the Balance Sheet
 
December 31, 2019
Assets
 
 
 
 
 
 
 
Noncurrent
Operating lease right-of-use asset
 
$
1,765

 
 
 
 
Liabilities
 
 
 
 
 
 
 
Current
Operating leases - current portion
 
$
926

Noncurrent
Operating leases - long -term portion
 
918

Total operating lease liabilities
 
 
$
1,844

 
 
 
 
Weighted-average remaining lease term in years
 
 
1.89

Weighted-average discount rate (1)
 
 
5.10
%
(1) Upon adoption of the new lease standard, discount rates used for existing leases were established at April 1, 2019.
 
 
Lease, Cost
Lease Costs
 
 
 
The table below presents certain information related to lease costs for leases:
 
 
 
Three Months Ended
 
Nine Months Ended
(In thousands)
December 31, 2019
Operating lease cost
$
319

 
$
775

Total lease cost
$
319

 
$
775

 
 
 
 
Other Information
 
 
 
 
 
 
 
The table below presents supplemental cash flow information related to leases:
 
Three Months Ended
 
Nine Months Ended
(In thousands)
December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
Operating cash flows used for operating leases
$
324

 
$
767

Lessee, Operating Lease, Liability, Maturity
Undiscounted Cash Flows
 
 
 
 
 
The table below reconciles the undiscounted cash flows for the remaining years on the leases to the lease liabilities recorded on the balance sheet as of December 31, 2019.
(In thousands)
 
Operating Leases
2020 (remaining 3 months)
 
$
262

2021
 
1,053

2022
 
617

2023
 
13

Thereafter
 

Total minimum lease payments
 
$
1,945

Less: Interest
 
(101
)
Present value of lease liabilities
 
$
1,844