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Leases (Tables)
9 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Operating Leases

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

 

 

 

December 31, 2019

 

 

 

(in $000's)

 

Assets

 

 

 

 

Operating lease right-of-use assets in other assets

 

$

11,455

 

Liabilities

 

 

 

 

Operating lease liabilities in other current liabilities

 

 

3,115

 

Operating lease liabilities in other long-term liabilities

 

 

9,506

 

Total operating lease liabilities

 

$

12,621

 

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of December 31, 2019 are as follows:

 

(in thousands, except lease term and discount rate)

 

 

 

 

 

 

Fiscal Years Ended March 31,

 

 

 

 

2020

 

$

895

 

2021

 

 

3,378

 

2022

 

 

2,561

 

2023

 

 

1,533

 

2024

 

 

1,442

 

Thereafter

 

 

3,322

 

Total minimum lease payments

 

 

13,131

 

Less: imputed interest

 

 

(510

)

Present value of operating lease liabilities

 

$

12,621

 

 

 

 

 

 

Weighted average remaining lease term

 

5.59

 

 

 

 

 

 

Weighted average discount rate

 

 

3.23

%

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:

 

Fiscal Years Ended March 31,

 

(in $000's)

 

2020

 

$

3,398

 

2021

 

 

2,712

 

2022

 

 

2,000

 

2023

 

 

1,462

 

2024

 

 

1,414

 

Thereafter

 

 

3,288

 

Total minimum lease payments

 

$

14,274