Leases (Tables)

12 Months Ended

Mar. 31, 2024

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)	2024			2023
Operating leases expense	$	5,842		$	5,301
Finance lease expense:
Amortization of ROU assets		2			3
Interest on lease liabilities		—			1
Total finance lease expense		2			4
Variable lease costs		470			700
Short term lease expense		258			300
Sublease income		(654	)		(789	)
Total lease expense	$	5,918		$	5,516

Other information related to leases for fiscal 2024 and 2023 was as follows:

	Year ended March 31,
Supplemental cash flow information	2024			2023
Cash paid for amounts included in the measurement of lease liabilities    (in thousands):
Operating cash flows for operating leases	$	5,197		$	5,862
Operating cash flows for finance leases		5			6
Financing cash flows for finance leases		2			4
ROU assets obtained in exchange for lease obligations (in thousands):
Operating leases	$	9,832		$	8,292
Weighted average remaining lease terms
Operating leases		6.69			7.59
Finance leases	—				0.58
Weighted average discount rates
Operating leases		7.05	%		6.44	%
Finance leases	—				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, 2024:

(In thousands)	Operating leases
Fiscal year ending March 31,
2025	$	4,474
2026		5,163
2027		4,774
2028		4,538
2029		3,797
Thereafter		7,349
Total undiscounted future minimum lease payments		30,095
Less: difference between undiscounted lease payments and discounted lease    liabilities		(6,203	)
Total lease liabilities	$	23,892