Leases (Tables)

9 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of lease expenses and other information

The components of lease expenses for the three and nine months ended December 31, 2019 were as follows:

	Three Months Ended		Nine Months Ended
(in thousands)	December 31, 2019
Operating leases expense	$	1,001	$	3,017
Finance lease expense:
Amortization of ROU assets		6		17
Interest on lease liabilities		2		4
Total finance lease expense		8		21
Variable lease costs		60		197
Short term lease expense		22		72
Total lease expense	$	1,091	$	3,307

Other information related to leases for the nine months ended December 31, 2019 was as follows:

	Nine Months Ended
Supplemental cash flow information	December 31, 2019
Cash paid for amounts included in the measurement of lease    liabilities (in thousands):
Operating cash flows for operating leases	$	3,560
Operating cash flows for finance leases		9
Financing cash flows for finance leases		18
ROU assets obtained in exchange for lease obligations (in thousands):
Operating leases	$	185
Finance leases		11
Weighted average remaining lease terms
Operating leases		5.26
Finance leases		2.37
Weighted average discount rates
Operating leases		10.04	%
Finance leases		4.37	%

Schedule of future minimum lease payments, finance leases

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheet as of December 31, 2019:

(in thousands)	Operating leases			Finance leases
2020 (excluding the nine months ended December 31, 2019)	$	1,086		$	7
2021		4,390			29
2022		3,623			21
2023		2,244			5
2024		2,049			3
Thereafter		5,719			—
Total undiscounted future minimum lease payments		19,111			65
Less: difference between undiscounted lease payments and discounted lease liabilities		(5,076	)		(10	)
Total lease liabilities	$	14,035		$	55

Schedule of future minimum lease payments, operating leases

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheet as of December 31, 2019:

(in thousands)	Operating leases			Finance leases
2020 (excluding the nine months ended December 31, 2019)	$	1,086		$	7
2021		4,390			29
2022		3,623			21
2023		2,244			5
2024		2,049			3
Thereafter		5,719			—
Total undiscounted future minimum lease payments		19,111			65
Less: difference between undiscounted lease payments and discounted lease liabilities		(5,076	)		(10	)
Total lease liabilities	$	14,035		$	55

Schedule of future minimum lease payments, finance leases, under previous lease accounting standard

As previously disclosed on our March 31, 2019 Form 10-K and under the previous lease accounting standard, future minimum lease payments under non-cancelable leases as of March 31, 2019 were as follows:

Year ending (in thousands)	Operating leases		Finance leases
2020	$	4,143	$	27
2021		3,945		23
2022		3,166		15
2023		1,916		—
2024		1,770		—
Thereafter		4,497		—
Total lease payments		19,437		65
Less: Amounts representing interest		—		(8	)
Present value of lease liabilities	$	19,437	$	57

Schedule of future minimum lease payments, operating leases, under previous lease accounting standard

As previously disclosed on our March 31, 2019 Form 10-K and under the previous lease accounting standard, future minimum lease payments under non-cancelable leases as of March 31, 2019 were as follows:

Year ending (in thousands)	Operating leases		Finance leases
2020	$	4,143	$	27
2021		3,945		23
2022		3,166		15
2023		1,916		—
2024		1,770		—
Thereafter		4,497		—
Total lease payments		19,437		65
Less: Amounts representing interest		—		(8	)
Present value of lease liabilities	$	19,437	$	57