LEASES

3 Months Ended

Jun. 30, 2023

Leases [Abstract]

LEASES

LEASES

Supplemental balance sheet information related to leases is as follows (in thousands):

Operating leases	June 30, 2023		March 31, 2023
Operating lease right-of-use asset	$	10,017	$	10,291
Other accrued liabilities	1,218		1,364
Operating lease liability	10,001		10,169
Total operating lease liabilities	$	11,219	$	11,533

Components of lease cost were as follows (in thousands):

	Three Months Ended June 30,
Lease Cost	2023		2022
Operating lease cost	$	875	$	1,026
Variable lease cost	122		158
Total lease cost	$	997	$	1,184

Maturity of Lease Liabilities	Operating Leases
Remainder of 2024	$	1,963
2025	2,257
2026	1,828
2027	1,645
2028	1,474
Thereafter	13,265
Total lease payments	$	22,432
Less: imputed interest	(11,213)
Present value of lease liabilities	$	11,219

Lease Term and Discount Rate	June 30, 2023		March 31, 2023
Weighted average remaining operating lease term (years)	10.88		10.85
Weighted average discount rate for operating leases	12.7	%	12.7	%

Operating cash outflows related to operating leases totaled $0.9 million and $0.7 million for the three months ended June 30, 2023 and 2022, respectively.