Leases |
LEASES The Company’s total lease cost is recorded primarily within general and administrative expenses on the condensed consolidated statement of operations and consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Six Months Ended September 30, | | 2020 | | 2019 | | 2020 | | 2019 | Operating lease cost | $ | 17,214 | | | $ | 17,760 | | | $ | 34,341 | | | $ | 35,720 | | Short-term lease cost | 1,426 | | | 2,333 | | | 3,027 | | | 4,750 | | Variable lease cost | 3,281 | | | 3,016 | | | 6,815 | | | 5,578 | | Total operating lease costs | $ | 21,921 | | | $ | 23,109 | | | $ | 44,183 | | | $ | 46,048 | |
Future minimum operating lease payments for noncancelable operating leases as of September 30, 2020 are as follows: | | | | | | Fiscal Year Ending | Operating Lease Payments | Remainder of 2021 | $ | 30,050 | | 2022 | 70,358 | | 2023 | 67,896 | | 2024 | 56,728 | | 2025 | 52,177 | | Thereafter | 92,226 | | Total future lease payments | 369,435 | | Less: imputed interest | (50,211) | | Total lease liabilities | $ | 319,224 | |
Supplemental cash flow information related to leases was as follows: | | | | | | | | | | | | | Six Months Ended September 30, | | 2020 | | 2019 | Cash paid for amounts included in the measurement of lease liabilities | $ | 35,594 | | | $ | 32,472 | | Operating lease liabilities arising from obtaining ROU assets (1) | 28,292 | | | 9,681 | |
(1) Includes all noncash increases and decreases arising from new or remeasured operating lease arrangements Other information related to leases was as follows: | | | | | | | September 30, 2020 | Weighted average remaining lease term (in years) | 5.71 | Weighted average discount rate | 4.75 | % |
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