Leases (Tables)

12 Months Ended

Mar. 31, 2020

Leases [Abstract]

Lease, Cost

The following tables present information about the Company's leases and the related lease costs as of and for the year ended March 31, 2020:

	March 31, 2020
Weighted-average remaining lease term
Operating leases	7.8 years
Finance lease	2.8 years
Weighted-average discount rate
Operating leases	3.00	%
Finance lease	1.84	%

$ in thousands	March 31, 2020
Operating lease expense	$	2,925
Finance lease cost
Amortization of right-of use asset	34
Interest on lease liability	2
Cash paid for amounts included in the measurement of lease liabilities
Operating leases	2,770
Finance lease	44

Lessee, Lease Liability, Maturity

Maturities of lease liabilities at March 31, 2020 are as follows:

$ in thousands	Operating Leases		Finance Leases
Year ending March 31,
2021	$	2,700	$	69
2022	2,600		69
2023	2,462		28
2024	2,535		8
2025	2,318		—
Thereafter	7,913		—
Total lease payments	20,528		174
Interest	(2,375)		(4)
Lease liability	$	18,153	$	170

Under the legacy GAAP as of March 31, 2019, the Company's minimum annual rental commitments under all non-cancelable leases with initial or remaining terms of more than one year are as follows:

$ in thousands
Year Ending March 31,
2020	$	2,761
2021	2,686
2022	2,428
2023	2,290
2024	2,289
Thereafter	8,572
	$	21,026