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CONVERTIBLE SENIOR NOTES AND TERM LOAN (Tables)
9 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Carrying Amount
The following table presents the net carrying amount and fair value of the liability component of the 2024 Notes (in thousands):
December 31, 2023March 31, 2023
Principal$63,295 $63,295 
Unamortized debt discount and issuance costs(35)(363)
Net carrying amount$63,260 $62,932 
The following table presents the net carrying amount of the Term Loan (in thousands):
December 31, 2023March 31, 2023
Principal$225,000 $250,000 
Unamortized debt discount and issuance costs(13,908)(18,007)
Net carrying amount$211,092 $231,993 
Schedule of Interest Expense
Interest expense recognized related to the 2024 Notes was as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
 2023202220232022
Contractual interest expense$80 $139 $238 $1,099 
Amortization of debt discount and issuance costs110 101 326 1,565 
Total interest expense$190 $240 $564 $2,664 
Interest expense recognized related to the Term Loans was as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
 2023202220232022
Contractual interest expense$6,762 $5,432 $20,233 $8,835 
Amortization of debt discount and issuance costs790 788 2,333 1,221 
Total interest expense$7,552 $6,220 $22,566 $10,056 
Interest expense recognized related to the 2028 Notes was as follows (in thousands):
Three Months Ended December 31,Nine Months Ended December 31,
2023202220232022
Contractual interest expense$2,036 $2,037 $6,085 $3,181 
Amortization of debt discount and issuance costs258 247 739 350 
Total interest expense$2,294 $2,284 $6,824 $3,531 
Schedule of Convertible Debt
The following table presents the net carrying amount of the 2028 Notes (in thousands):
December 31, 2023March 31, 2023
Principal$201,914 $201,914 
Unamortized debt discount and issuance costs(4,353)(5,093)
Net carrying amount$197,561 $196,821