Right-of-Use Assets and Lease Liabilities (Tables)

6 Months Ended

Sep. 30, 2019

Right-of-Use Assets and Lease Liabilities

Schedule of lease-related assets and liabilities recorded on the unaudited condensed consolidated balance sheet.

	Classification	September 30, 2019
		(In thousands)
Assets
Operating lease right-of-use-assets	Right-of-use assets	$	13,558
Liabilities
Operating lease liabilities (short-term)	Accrued liabilities	$	1,854
Operating lease liabilities (long-term)	Lease liabilities		12,577
Total lease liabilities		$	14,431

Schedule of supplemental information related to operating leases.

The table below presents supplemental information related to operating leases during the six months ended September 30, 2019 (in thousands, except weighted average information):

Cash paid for amounts included in the measurement of operating lease liabilities	$	743
Right-of-use assets obtained in exchange for new operating lease liabilities		95
Weighted average remaining lease term		7.4
Weighted average discount rate		5.0	%

Schedule of undiscounted cash flows

Fiscal Year Ending March 31,
(In thousands)
Remainder of 2020	$	1,274
2021		2,508
2022		2,328
2023		2,195
2024		2,137
Thereafter		6,859
Total lease payments		17,301
Less imputed interest		(2,870)
Present value of future lease payments		14,431
Less current obligations under leases		(1,854)
Long-term lease obligations	$	12,577

Schedule of Minimum lease payments under operating leases with non-cancelable terms in excess of one year.

Fiscal Year Ending March 31,
(In thousands)
2020	$	2,408
2021		2,150
2022		1,981
2023		548
2024		177
Thereafter		—
Total minimum lease payments	$	7,264