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OTHER CURRENT AND NONCURRENT ASSETS
 12 Months Ended
Mar. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER CURRENT AND NONCURRENT ASSETS OTHER CURRENT AND NONCURRENT ASSETS:
 
Other current assets consist of the following (dollars in thousands):  
March 31, 2024March 31, 2023
Prepaid expenses and other$17,398 $18,918 
Assets of non-qualified retirement plan14,284 12,110 
Other current assets$31,682 $31,028 
 
Other noncurrent assets consist of the following (dollars in thousands):  
March 31, 2024March 31, 2023
Long-term prepaid revenue share$4,714 $9,659 
Right-of-use assets (see Note 3)24,471 24,604 
Deferred tax asset1,636 1,253 
Deposits3,125 3,452 
Strategic investments2,700 1,600 
Other miscellaneous noncurrent assets102 477 
Other assets, net$36,748 $41,045 
During fiscal 2023, the Company became aware of a pending sale and the proposed value of the transaction related to one of our strategic investments. As a result, the Company recorded a $4.0 million impairment that is recorded in other expense in the consolidated statement of operations.
In conjunction with the fiscal 2016 disposition of our former IT outsourcing business, we retained a profits interest previously recognized at $0.7 million within miscellaneous noncurrent assets at March 31, 2021. During fiscal 2022, the Company recorded a $30.5 million gain included in total other income in the consolidated statement of operations related to a $31.2 million cash distribution received from the disposition of this retained profits interest.