LESSEE ACCOUNTING (Tables)

9 Months Ended

Dec. 31, 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  December 31, 2020, and March 31, 2020:

Lease term and Discount Rate	December 31, 2020			March 31, 2020
Weighted average remaining lease term (months)		33			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 December 31, 2020 (in thousands):

	December 31, 2020
Remainder of the year ending March 31, 2021	$	967
Year ending March 31, 2022		4,390
Year ending March 31, 2023		3,166
Year ending March 31, 2024		1,323
Year ending March 31, 2025 and thereafter		917
Total lease payments	$	10,763
Less: interest		(530	)
Present value of lease liabilities	$	10,233