Leases (Tables)

12 Months Ended

Mar. 31, 2023

Leases [Abstract]

Schedule of lease expenses and other information

The components of lease expenses, which are included in operating expenses in our Consolidated Statements of Operations, were as follows:

	Year ended March 31,
(In thousands)	2023			2022
Operating leases expense	$	5,301		$	4,752
Finance lease expense:
Amortization of ROU assets		3			17
Interest on lease liabilities		1			2
Total finance lease expense		4			19
Variable lease costs		700			463
Short term lease expense		300			140
Sublease income		(789	)		(782	)
Total lease expense	$	5,516		$	4,592

Other information related to leases for fiscal 2023 and 2022 was as follows:

	Year ended March 31,
Supplemental cash flow information	2023			2022
Cash paid for amounts included in the measurement of lease liabilities    (in thousands):
Operating cash flows for operating leases	$	5,862		$	5,536
Operating cash flows for finance leases		6			23
Financing cash flows for finance leases		4			19
ROU assets obtained in exchange for lease obligations (in thousands):
Operating leases	$	8,292		$	1,314
Weighted average remaining lease terms
Operating leases		7.59			3.08
Finance leases		0.58			1.43
Weighted average discount rates
Operating leases		6.44	%		7.62	%
Finance leases		4.50	%		4.50	%

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 Consolidated Balance Sheet as of March 31, 2023:

(In thousands)	Operating leases (1)			Finance leases
Fiscal year ending March 31,
2024	$	3,408		$	2
2025		2,905
2026		2,726
2027		2,219
2028		1,431
Thereafter		8,816
Total undiscounted future minimum lease payments		21,505			2
Less: difference between undiscounted lease payments and discounted lease    liabilities		(4,765	)		—
Total lease liabilities	$	16,740		$	2

(1)Non-cancellable sublease proceeds for the fiscal year ending March 31, 2024 of $0.7 million is not included in the table above.