XML 83 R68.htm IDEA: XBRL DOCUMENT v3.23.1
Debt - Additional Information (Details)
12 Months Ended
Nov. 01, 2022
USD ($)
Days
UsdNote
May 17, 2022
USD ($)
Mar. 12, 2021
USD ($)
Mar. 31, 2023
USD ($)
UsdNote
Days
$ / shares
Mar. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Mar. 29, 2018
USD ($)
Debt Instrument [Line Items]              
Leverage ratio   4.00 3.75        
Adjusted covenant period option   4.75 4.25        
Restricted payments cap   $ 25,000,000 $ 11,500,000        
Loans outstanding       $ 0 $ 0    
Remaining borrowing capacity       300,000,000 300,000,000    
Amortization of deferred debt issuance costs, including written off       $ 834,000 508,000 $ 1,026,000  
3.75% Convertible Senior Notes due 2027              
Debt Instrument [Line Items]              
Principal amount $ 275,000,000            
Interest rate 3.75%            
Net proceeds from issuance of notes $ 266,517,000            
Debt, issuance cost $ 8,483,000            
Debt instrument, payment terms       The Notes will accrue interest at a rate of 3.75% per annum, payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2023.      
Debt instrument, frequency of interest payment       semi-annually      
Conversion price percentage on price per share of common stock 130.00%            
Number of trading days exceeds conversion price percentage | Days 20            
Number of consecutive trading days exceeds conversion price percentage | Days 30            
Number of consecutive trading days | Days       30      
Number of consecutive business days | Days 5            
Number of consecutive trading days | Days 10            
Debt instrument price per principal amount of notes | UsdNote 1     1      
Percentage of last reported sale price per share common stock 98.00%            
Number of trading days | Days       60      
Conversion rate       38.9454      
Principal amount for conversion into common stock       $ 1,000      
Initial conversion Price per common stock | $ / shares       $ 25.68      
Conversion price minimum percentage       130.00%      
Effective interest rate       4.48%      
Maturity date       Nov. 15, 2027      
Interest expense       $ 4,240,000      
Debt issuance costs       8,157,000      
Amortization of deferred debt issuance costs, including written off       $ 326,000      
3.75% Convertible Senior Notes due 2027 | Minimum              
Debt Instrument [Line Items]              
Number of trading days | Days       20      
Debt instrument, not called for redemption face amount       $ 100,000,000      
3.75% Convertible Senior Notes due 2027 | Maximum              
Debt Instrument [Line Items]              
Conversion rate       52.5762      
Other Assets              
Debt Instrument [Line Items]              
Debt issuance costs       $ 1,498,000 2,006,000    
Revolving Credit Facility              
Debt Instrument [Line Items]              
Maximum borrowing capacity     300,000,000       $ 300,000,000
Additional revolving credit commitments     150,000,000        
Maturity date       Mar. 12, 2026      
Letter of Credit              
Debt Instrument [Line Items]              
Maximum borrowing capacity     10,000,000        
Swing-Line Loans              
Debt Instrument [Line Items]              
Maximum borrowing capacity     $ 10,000,000        
Line of Credit              
Debt Instrument [Line Items]              
Interest expense       $ 1,004,000 $ 791,000 $ 2,541,000  
Debt, weighted average interest rate       5.30% 0.00% 2.20%  
Amortization of deferred debt issuance costs, including written off       $ 508,000 $ 508,000 $ 1,026,000