LEASES (Tables)

6 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of Operating Lease Cost and Supplemental Cash Flow Information

The components of operating lease cost for the three and six months ended September 30, 2019 were as follows (in thousands):

	Three Months Ended		Six Months Ended
	September 30, 2019		September 30, 2019
Lease cost under long-term operating leases	$	3,276	$	6,521
Lease cost under short-term operating leases	897		1,749
Variable lease cost under short-term and long-term operating leases	1,063		2,275
Total operating lease cost	$	5,236	$	10,545

The table below presents supplemental cash flow information related to leases during the six months ended September 30, 2019 (in thousands):

Cash paid for amounts included in the measurement of lease liabilities	$	6,565
Right-of-use assets obtained in exchange for new operating lease liabilities	$	2,049

Weighted average remaining lease term in years and weighted average discount rate are as follows:

Weighted average remaining lease term in years - operating leases	9.16
Weighted average discount rate - operating leases	4.2	%

ASC 842 Future Minimum Payments Under Non-Cancellable Leases

Future minimum payments under non-cancellable leases at September 30, 2019 are as follows (in thousands):

Year ending March 31:
2020 (remaining six months)	$	6,397
2021	12,314
2022	11,472
2023	9,905
2024	9,038
Thereafter	45,458
Total lease payments	$	94,584
Less imputed interest	(15,939		)
Present value of lease liabilities	$	78,645

ASC 840 Future Non-Cancelable Minimum Lease Commitments

As previously disclosed in the Company’s fiscal year Form 10-K and under the previous lease accounting standard, ASC 840, Leases, the following table summarizes the future non-cancelable minimum lease commitments (including office space, copiers, and automobiles) at March 31, 2019 (in thousands):

Year ending March 31:
2020	$	16,102
2021	11,059
2022	9,804
2023	8,807
2024	8,500
Thereafter	43,997
Total	$	98,269