LESSEE ACCOUNTING (Tables)

6 Months Ended

Sep. 30, 2020

LESSEE ACCOUNTING [Abstract]

Supplemental Information of Remaining Lease Terms and Discount Rates

The following table provides supplemental information about the remaining lease terms and discount rates applied as of September 30, 2020, and March 31, 2020:

Lease term and Discount Rate	September 30, 2020			March 31, 2020
Weighted average remaining lease term (months)		34			38
Weighted average discount rate		3.8	%		3.9	%

Future Lease Payments Under Operating Leases

The following table provides our future lease payments under our operating leases as of September 30, 2020 (in thousands):

	September 30, 2020
Remainder of the year ending March 31, 2021	$	2,432
Year ending March 31, 2022		4,319
Year ending March 31, 2023		3,093
Year ending March 31, 2024		1,249
Year ending March 31, 2025 and thereafter		813
Total lease payments	$	11,906
Less: interest		(617	)
Present value of lease liabilities	$	11,289