Leases

3 Months Ended

Jun. 30, 2020

Leases [Abstract]

Leases

Note 9. Leases

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

	June 30, 2020		March 31, 2020
	(in $000's)
Assets
Operating lease right-of-use assets in other assets	$	11,673	$	11,760
Liabilities
Operating lease liabilities in other current liabilities		3,751		3,671
Operating lease liabilities in other long-term liabilities		8,366		8,549
Total operating lease liabilities	$	12,117	$	12,220

Expense charged to operations under operating leases was $1.7 million and $1.1 million during the three months ended June 30, 2020 and 2019, respectively. Short-term lease expenses were not material.

Maturities of lease liabilities as of June 30, 2020 are as follows:

(in thousands, except lease term and discount rate)
Fiscal Years Ended March 31,
2021	$	3,133
2022		2,956
2023		1,844
2024		1,734
2025		1,547
Thereafter		2,002
Total minimum lease payments		13,216
Less: imputed interest		(1,099	)
Present value of operating lease liabilities	$	12,117
Weighted average remaining lease term	5.05
Weighted average discount rate		3.15	%