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LEASES (Tables)
3 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Components of Operating Lease Cost and Supplemental Cash Flow Information
The components of operating lease cost for the three months ended June 30, 2023 and 2022 were as follows (in thousands):
Three Months Ended
June 30,
20232022
Lease cost under long-term operating leases$3,039 $3,122 
Lease cost under short-term operating leases404 775 
Variable lease cost under short-term and long-term operating leases1,015 983 
      Total operating lease cost$4,458 $4,880 

The table below presents supplemental cash flow information related to leases during the three months ended June 30, 2023 and 2022 (in thousands):
Three Months Ended
June 30,
20232022
Right-of-use assets obtained in exchange for new operating lease liabilities$554 $273 

At June 30, 2023 and March 31, 2023, the weighted average remaining lease term in years and weighted average discount rate were as follows:
June 30, 2023March 31, 2023
Weighted average remaining lease term in years - operating leases5.886.07
Weighted average discount rate - operating leases4.2 %4.2 %
Future Minimum Payments Under Non-Cancellable Leases
Future minimum payments under non-cancellable leases at June 30, 2023 are as follows (in thousands):
Year ending March 31:
2024 (remaining nine months)$9,608 
202513,150 
202611,252 
20278,326 
20287,291 
Thereafter15,766 
     Total lease payments$65,393 
     Less imputed interest(7,262)
     Present value of lease liabilities$58,131