Leases (Tables)

12 Months Ended

Mar. 31, 2023

Leases [Abstract]

Lease, Cost

The components of lease cost were as follows (in thousands):

	Year Ended March 31,
	2023		2022
Operating lease expense	$	5,807	$	5,822
Amortization of right of use assets of finance leases assets	114		57
Interest expense of finance lease liabilities	10		6
Total lease expense	$	5,931	$	5,885

Lessee, Supplemental Cash Flows Information

Other information related to leases was as follows (dollars in thousands):

	As of March 31,
	2023			2022
Supplemental cash flow information related to leases was as follows:
Operating leases:
Operating lease right-of-use assets	$	19,078		$	23,620
Operating lease liabilities, non-current	$	16,380		$	20,926
Operating lease liabilities, current	4,427			4,494
Total operating lease liabilities	$	20,807		$	25,420
Finance leases:
Property, plant and equipment, at cost	$	569		$	569
Accumulated depreciation	(171)			(57)
Property, plant and equipment, net	$	398		$	512
Finance lease liabilities, non-current	$	282		$	395
Finance lease liabilities, current	122			119
Total finance lease liabilities	$	404		$	514
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flow from operating leases	$	6,226		$	6,485
Finance cash flows from finance leases	119			60
Additional operating lease information:
ROU assets obtained in exchange for operating lease obligations	$	100		$	10,323
ROU assets obtained in exchange for finance lease obligations	—			569
Reductions to ROU assets resulting from reductions to operating lease obligations	1,175			1,358
Increases to ROU assets resulting from remeasurement of lease obligations	—			—
Weighted Average Remaining Lease Term:
Operating leases	5.0 years			3.1 years
Finance leases	3.5 years			4.5 years
Weighted Average Discount Rate:
Operating leases	5.05		%	4.65		%
Finance leases	2.08		%	2.14		%

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities under non-cancelable leases were as follows (in thousands):

	As of March 31, 2023
	Operating leases		Finance leases
Year ending:
2024	$	5,382	$	120
2025	5,648		120
2026	4,520		120
2027	2,361		59
Thereafter	5,796		—
Total undiscounted lease payments	23,707		419
Less imputed interest	(2,900)		(15)
Total lease liabilities	$	20,807	$	404