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CONVERTIBLE SENIOR NOTES, TERM LOAN AND CAPPED CALLS (Tables)
12 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Carrying Amount
The following table presents the net carrying amount of the Term Loan:
March 31, 2023
Principal$250,000 
Unamortized debt discount and issuance costs(18,007)
Net carrying amount$231,993 
Schedule of Interest Expense Interest expense recognized related to the Term Loans was as follows:
Year Ended
 March 31, 2023
Contractual interest expense$17,816 
Amortization of debt discount and issuance costs2,012 
Total interest expense$19,828 
Interest expense recognized related to the 2028 Notes was as follows:
Year Ended March 31, 2023
Contractual interest expense$4,027 
Amortization of debt discount and issuance costs548 
Total interest expense$4,575 
Interest expense recognized related to the 2024 Notes was as follows:
Years Ended March 31,
 202320222021
Contractual interest expense$1,177 $2,271 $1,813 
Amortization of debt discount and issuance costs1,694 20,404 16,898 
Total interest expense$2,871 $22,675 $18,711 
Schedule of Convertible Debt
The following table presents the net carrying amount of the 2028 Notes:
March 31, 2023
Principal$201,914 
Unamortized debt discount and issuance costs(5,093)
Net carrying amount$196,821 
The following table presents the net carrying amount and fair value of the liability component of the 2024 Notes:
March 31, 2023March 31, 2022
Principal$63,295 $500,000 
Unamortized debt discount(1) and issuance costs
(363)(52,548)
Net carrying amount$62,932 $447,452 
(1) The debt discount as of March 31, 2022 represents the discount resulting from the allocation of the equity component (conversion option) from the liability component of the 2024 Notes, net of issuance premium, prior to the adoption of ASU 2020-06 on April 1, 2022. Upon the adoption of ASU 2020-06, the equity component was reversed. As a result, the March 31, 2023 debt discount represents only the issuance premium.