Leases (Tables)

12 Months Ended

Mar. 31, 2024

Leases [Abstract]

Lease, Cost

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

	Year Ended March 31,
	2024		2023
Operating lease expense	$	4,791	$	5,807
Amortization of right of use assets of finance leases assets	114		114
Interest expense of finance lease liabilities	7		10
Total lease expense	$	4,912	$	5,931

Lessee, Supplemental Cash Flows Information

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

	As of March 31,
	2024			2023
Supplemental cash flow information related to leases was as follows:
Operating leases:
Operating lease right-of-use assets	$	—		$	19,078
Operating lease liabilities, non-current	$	11,457		$	16,380
Operating lease liabilities, current	4,734			4,427
Total operating lease liabilities	$	16,191		$	20,807
Finance leases:
Property, plant and equipment, at cost	$	569		$	569
Accumulated depreciation	(285)			(171)
Property, plant and equipment, net	$	284		$	398
Finance lease liabilities, non-current	$	167		$	282
Finance lease liabilities, current	125			122
Total finance lease liabilities	$	292		$	404
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flow from operating leases	$	5,800		$	6,226
Finance cash flows from finance leases	120			119
Additional operating lease information:
ROU assets obtained in exchange for operating lease obligations	$	—		$	100
Reductions to ROU assets resulting from reductions to operating lease obligations	955			1,175
Reductions to ROU assets resulting from asset impairments	8,850			—
Weighted Average Remaining Lease Term:
Operating leases	4.3 years			5.0 years
Finance leases	2.5 years			3.5 years
Weighted Average Discount Rate:
Operating leases	5.07		%	5.05		%
Finance leases	2.08		%	2.08		%

Lessee, Operating Lease, Liability, Maturity

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

	As of March 31, 2024
	Operating leases		Finance leases
Year ending:
2025	$	5,453	$	120
2026	4,523		120
2027	2,364		60
2028	2,062		—
Thereafter	3,734		—
Total undiscounted lease payments	18,136		300
Less imputed interest	(1,945)		(8)
Total lease liabilities	$	16,191	$	292

Finance Lease, Liability, to be Paid, Maturity

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

	As of March 31, 2024
	Operating leases		Finance leases
Year ending:
2025	$	5,453	$	120
2026	4,523		120
2027	2,364		60
2028	2,062		—
Thereafter	3,734		—
Total undiscounted lease payments	18,136		300
Less imputed interest	(1,945)		(8)
Total lease liabilities	$	16,191	$	292