Leases (Tables)

3 Months Ended

Jun. 30, 2019

Leases [Abstract]

Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet information related to our operating leases:

(in $000's)	June 30, 2019
Assets
Operating lease right-of-use assets in other assets	$	13,234
Liabilities
Operating lease liabilities in other current liabilities		2,379
Operating lease liabilities in other long-term liabilities		11,286
Total operating lease liabilities	$	13,665

Elements of Lease Expenses

The elements of lease expense were as follows:

	For the Three Months Ended June 30,
(in $000's)		2019
Operating lease expense	$	1,100
Short-term lease expense		28
Total lease expense	$	1,128

Weighted Average Remaining Lease Term and Discount Rate Related to Operating Leases

The following table presents the weighted average remaining lease term and discount rate information related to our operating leases:

Weighted average remaining lease term	5.66 years
Weighted average discount rate		3.21%

Maturities of Lease Liabilities

Maturities of lease liabilities as of June 30, 2019 are as follows:

	Future Operating Lease Payments
Fiscal Years Ended March 31,	(in $000's)
2020	$	2,180
2021		3,338
2022		2,853
2023		1,577
2024		1,440
Thereafter		3,644
Total minimum lease payments		15,032
Less: imputed interest		(1,367	)
Present value of operating lease liabilities		13,665

Minimum Future Lease Payments

Minimum future lease payments previously disclosed under ASC 840 in our Annual Report on Form 10-K for the year ended March 31, 2019 were as follows:

	Operating Lease Payments
Fiscal Years Ended March 31,	(in $000s)
2020	$	3,398
2021		2,712
2022		2,000
2023		1,462
2024		1,414
Thereafter		3,288
Total minimum lease payments	$	14,274