LEASES (Tables)

6 Months Ended

Sep. 30, 2023

Leases [Abstract]

Summary of 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, 2023 and 2022, respectively, were as follows (in thousands):

	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Lease cost under long-term operating leases	$	3,047	$	3,084	$	6,087	$	6,207
Lease cost under short-term operating leases	434		1,204		838		1,978
Variable lease cost under short-term and long-term operating leases	1,185		873		2,200		1,856
Total operating lease cost	$	4,666	$	5,161	$	9,125	$	10,041

The table below presents supplemental cash flow information related to leases during the six months ended September 30, 2023 and 2022 (in thousands):

	Six Months Ended
	September 30,
	2023		2022
Right-of-use assets obtained in exchange for new operating lease liabilities	$	857	$	493

At September 30, 2023 and March 31, 2023, the weighted average remaining lease term in years and weighted average discount rate were as follows:

	September 30, 2023		March 31, 2023
Weighted average remaining lease term in years - operating leases	5.69		6.07
Weighted average discount rate - operating leases	4.2	%	4.2	%

Summary of Future Minimum Payments Under Non-Cancellable Leases

Future minimum payments under non-cancellable leases at September 30, 2023 are as follows (in thousands):

Year ending March 31:
2024 (remaining six months)	$	6,177
2025	13,203
2026	11,295
2027	8,315
2028	7,267
Thereafter	15,763
Total lease payments	$	62,020
Less imputed interest	(6,695)
Present value of lease liabilities	$	55,325